BitGo

Valkyrie partners with BitGo as custodian for its Bitcoin ETF, heralding industry-wide custodial diversification and intensifying the competitive landscape of spot Bitcoin ETFs.

BitGo's Singapore arm secures in-principle approval from MAS for a major payment institution licence, paving the way for non-retail investor trading. The firm plans to expand its cryptocurrency services in Singapore, targeting institutional clients with its innovative cold storage custody solution.

The decade-old crypto custody business said it could offer digital payment token services in the city-state once it obtains the full Major Payment Institution license.

BitGo's subsidiary in Singapore secures an in-principle approval for a Major Payment Institution license, aiming to provide regulated digital payment token services. Singapore's prominence as a crypto innovation hub drives BitGo's commitment to expanding services, leveraging the region's regulatory framework and business appeal. With a strategic financing of $100 million, BitGo aims for global expansion and strategic acquisitions, emphasizing its commitment to establishing a regional headquarters in Singapore.

BitGo dan Goldman Sachs bermitra untuk mengembangkan dompet blockchain yang aman dan berkelas institusional, yang menjembatani keuangan tradisional dan dunia mata uang kripto. Kolaborasi ini bertujuan untuk meningkatkan adopsi mata uang kripto di kalangan institusi keuangan.

Akuisisi ini menyusul penggalangan dana yang relatif baru untuk BitGo dan kemitraan dengan Hana Bank Korea Selatan.

Mereka berharap dapat meluncurkan usaha ini pada paruh kedua tahun 2024

Tiga penjaga crypto mengatakan mereka akan dapat terus beroperasi.