PALO ALTO, California – (BUSINESS WIRE) – BitGo, the leading provider of digital asset financial services, today announced support for EOS multi-signature wallet and custody services. BitGo now supports over 200 coins and tokens that institutional clients can use to hold a wide range of assets.
The EOS token is among the top 10 digital assets by market capitalization and is used in the largest public blockchain using the open source software EOSIO Blockchain, a blockchain protocol that focuses on transaction speed and scaling for distributed applications. The low transaction costs and fast transaction times have made EOSIO popular with decentralized app developers, as hundreds of dApps are actively used on multiple EOSIO-based blockchains.
EOSIO is published by Block.one, a leading provider of high-performance blockchain software. “We are excited about the continued institutional adoption of digital assets,” said Brendan Blumer, CEO of Block.one. “Trustworthy and transparent solutions will encourage greater participation by businesses and their customers.”
“At BitGo, we are committed to providing support for the wide range of digital assets our customers need,” said Ben Chan, BitGo’s chief technology officer. “The EOSIO software has some innovative differentiators, such as the high transaction capacity and fee model, which required our engineering team to scale our platform. We have successfully created an experience for EOS users that is seamless and consistent with the support of other coins and tokens. ”
EOS custody is available through either BitGo, Inc. or BitGo Trust Company, the first qualified custodian specifically designed for digital assets.
BitGo offers security, custody, and liquidity services based on multiple signature security. All cryptocurrencies supported by BitGo are integrated using the company’s only API. This creates a simple, seamless experience for customers without the need for additional coding for new coins and tokens.
For more information on BitGo solutions, please contact sales@bitgo.com.
About BitGo
BitGo is a leader in financial services for digital assets, providing security, custody and liquidity solutions for institutional investors. BitGo is the world’s largest processor of on-chain Bitcoin transactions. It processes 15% of all global Bitcoin transactions and $ 15 billion per month in all cryptocurrencies. The company supports over 100 coins and tokens and has over $ 2 billion in wallet and custody assets. BitGo’s customer base includes the world’s largest cryptocurrency exchanges and spans more than 50 countries. In 2018, BitGo Trust Company was founded, the first qualified custodian specially designed for storing digital assets. BitGo is backed by Craft Ventures, the Digital Currency Group, DRW, Galaxy Digital Ventures, Goldman Sachs, Redpoint Ventures and Valor Equity Partners.
About Block.one
Block.one is the world’s leading provider of high-performance blockchain software. In 2018, EOSIO software was released, a free, open source protocol that can be customized and used by the developer community and businesses to create a more secure and transparent back-end system. EOSIO is considered to be the fastest, most scalable and most active blockchain software in the world. It addresses the limitations of first generation blockchain platforms while maintaining the main advantages of the technology: security, accountability, and immutability. Block.one’s newest product, Voice, aims to redefine social media by encouraging the creation, sharing, discovery and promotion of content by real users. Block.one promotes a resilient blockchain ecosystem by developing and supporting projects built on top of EOSIO through its EOS VC venture capital unit. See block.one for more information.
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