Blockchain security firm and wallet service BitGo has provided a newly launched digital asset trading platform, LGO Markets, with its custody and multi-signature wallets, according to a press release published Tuesday, April 9. LGO Markets, which is focused on institutional investors, will offer BitGo services for hedge funds, family offices and asset managers that are working with BitGo. Moreover, the clients of LGO Markets will be able to store their digital assets in BitGo Trust Company, regulated by the Division of Banking in the United States state of South Dakota. As per the announcement, BitGo will also support the company’s …

Blockchain security firm and wallet service BitGo has announced support for Blockchain Capital’s ERC-20 token, according to a press release shared with Cointelegraph on March 19. Blockchain Capital’s BCAP token is a security token based on the Ethereum (ETH) blockchain that was launched in a $10 million initial coin offering (ICO) back in April 2017. According to the press release, BCAP represents the world’s first security token that was sold in an ICO. According to the recent BitGo announcement, BitGo users will now be able to hold their BCAP assets using BitGo Trust Company, a qualified and regulated custodian that …

Institutional-grade cryptocurrency investment services firm BitGo will provide wallet and custody support for cryptocurrency Tron (TRX), according to a press release shared with Cointelegraph on Feb. 20. Per the release, BitGo will add support for TRX later this year, making it available for institutional investors. TRX thus joins over 100 other digital currencies already supported by BitGo. BitGo is reportedly the world’s largest processor of on-chain Bitcoin (BTC) transactions, processing 15 percent of all global Bitcoin transactions and $15 billion of cryptocurrencies per month. The company’s wallet service has more than $2 billion in assets under management. Yesterday, BitGo revealed …

Blockchain security firm and crypto wallet service BitGo has revealed plans to offer crypto insurance through Lloyd's of London, according to a press release on Feb. 19. BitGo Business Wallet clients will be able to acquire insurance for their digital assets held on BitGo’s Business Wallet service and Custodial offering. Assets held by either BitGo or BitGo Trust Company can insured for up to $100 million by global insurance and reinsurance market Lloyd’s, the release says. Lloyd’s had nearly $43.8 billion in gross written premiums in 2017, and has insured such eccentric items as Rolling Stones guitarist Keith Richard’s hands. …

Blockchain security firm BitGo has partnered with Bitcoin (BTC) over-the-counter (OTC) trading platform Genesis Global Trading. The partnership intends to allow clients to trade crypto directly from BitGo custody, according to a press release posted today, Jan. 16. Following the recent acquisition of a crypto custodian qualification, BitGo has endeavored to improve its custodial services by protecting clients’ funds through allowing them to trade digital assets without need for withdrawals from hard storage. The new feature enables clients of the BitGo custody service to conduct buy and sell orders directly from the company’s cold storage with no need to manage …

Japan's largest Internet company Rakuten Inc. has started to accept Bitcoin as a payment option on its American portal Rakuten.com, MasterCard describes cryptocurrencies as an innovative competitor, and more top stories for March 17. Japan’s Rakuten becomes largest E-Commerce Business to accept Bitcoin Japan's largest Internet company Rakuten Inc. started to accept Bitcoin as a payment option on its American portal Rakuten.com. The company said this first integration should be followed closely by other global marketplaces integrations, including its German and Austrian e-commerce portals. Yaz Iida, President of Rakuten USA, said: “Rakuten’s mission is to empower the world through the …

Bitcoin OTC trading platform BitQuick, announces the integration of pay-to-script-hash (P2SH) multisignature addresses through BitGo to increase security of customer funds. The integration of P2SH multisignature escrow addresses, is the latest move from BitQuick to provide greater security and privacy, the company stated in an announcement. In February 2014, BitQuick claimed it became the first marketplace to provide real-time public proof of reserves to its customers. "These changes will provide greater privacy for sellers, while still making the funds listed for sale publicly auditable," said the company. The company added a listing of the real-time balance of all BitQuick P2SH …

BitFury, is a multifaceted Bitcoin company that specializes in bitcoin infrastructure development, payment processing, ASIC development and large scale mining. Today they have announced a partnership with BitGo, a leader in multi-signature wallet technology and general Bitcoin security. This might not be the sexiest news to come across my desk, but in the long term, it has potential to have a significant impact. Security is clearly an issue for the Bitcoin industry and BitFury seems to be taking a serious interest in not only improving its own security, but making profiting from providing security to others. The partnership includes a …