BitGo Launches Multi-Signature Wallet and Custody for EOS

Fibo Quantum

According to a recent news, BitGo announced support for multi-signature EOS wallet and custody services.

BitGo offers security, custody, and liquidity services through its built-in multi-signature security. Also, the company streamlined all the supported cryptocurrencies into a single API, to provide an easy and seamless experience for clients. As a result, no additional change is required for any new coins and tokens. Currently, it supports over 200 coins and tokens.

The EOS token is one of the top 10 digital assets by market capitalization. This token is used on EOSIO blockchain, which is the largest public blockchain open-sourced software. EOSIO is a blockchain protocol focused on transaction speed and scaling for distributed applications. It is quite popular among decentralized app developers due to its low transactions cost and quick transaction times. Hundreds of dApps with EOSIO-based blockchain is in active use. EOSIO is published by Block.one, a leader in high-performance blockchain software.

EOS custody is available through either BitGo, Inc. or BitGo Trust Company. It is the first qualified custodian purpose-built for digital assets.

About BitGo

BitGo is the leader in digital asset financial services. It is the world’s largest processor of on-chain bitcoin transactions. It processes about 15% of all global Bitcoin transactions, and $15 billion per month across all cryptocurrencies. The company supports over 100 coins and tokens and has over $2 billion in assets in wallet and custody. BitGo’s customer base includes the world’s largest cryptocurrency exchanges and spans more than 50 countries. In 2018, it launched BitGo Trust Company, the first qualified custodian purpose-built for storing digital assets. BitGo is backed by Craft Ventures, Digital Currency Group, DRW, Galaxy Digital Ventures, Goldman Sachs, Redpoint Ventures, and Valor Equity Partners.