BitGo, well-known for providing digital asset management services to large institutional clients since 2013, has announced plans to expand into the retail market.
BitGo Expands into Retail Market
BitGo announced that on December 2, it will launch a global version of its digital asset solutions for retail investors. The new services will include trading, staking, and wallet services, along with cold storage and self-managed custody.
Filling the Gap in the Crypto Market
BitGo aims to address existing issues in the retail cryptocurrency sector related to the reliability of exchanges and the lack of secure custody solutions. The company believes such services can contribute to increased trust among retail investors.
Diversification through Stablecoin and Web3
In September, BitGo announced plans to launch a stablecoin tied to the US dollar as part of its diversification strategy. The company also plans to offer a regulated platform to manage native tokens and provide custody within Web3 protocols.
BitGo's initiatives aim to address key issues in the digital asset sector by providing reliable and secure solutions for retail investors worldwide.
