BitGo, a renowned digital asset infrastructure provider, has announced the launch of a platform tailored for retail investors. This marks the first time that the company's services, such as digital asset trading, staking, and custody, are made available to a global audience of individual investors.
BitGo's Reliability and Security
BitGo's reputation in the crypto industry has been built over years through providing robust security solutions to large-scale institutional clients. The company has acted as a custodian for major players like Ark Invest, 21Shares, and the now-defunct Mt. Gox exchange.
Bridging Retail and Institutional Services
BitGo's CEO, Mike Belshe, emphasized the importance of security and trust in launching the new platform. The company aims to bridge the gap between retail and institutional services, providing a trusted platform for individuals to invest.
Funding and WBTC Strategy
Recently, BitGo completed a $100 million Series C funding round, facilitating the launch of the new platform. The company is also developing its Wrapped Bitcoin (WBTC) strategy, becoming a minority owner in a joint venture with BiT Global to manage WBTC custody.
BitGo's launch of a retail platform provides individual investors with reliable and secure solutions, connecting them with services previously available only to institutional clients.