BitGo Adds Multi-Signature Wallet and Custody Support for TRON (TRX)


Palo Alto-based crypto custody startup BitGo announced on Friday that it has added multi-signature wallet and custody support for TRON (TRX).

According to the announcement, BitGo is the first platform to offer institutional-grade wallet and custody solutions for TRX. These services are designed to allow businesses to add TRX to their investment portfolios and financial products.

“BitGo is a trailblazer and well-known marker of quality for the digital assets industry,” said TRON Foundation CEO Justin Sun. “Together we are manifesting the next chapter of blockchain and financial services. We are proud of this partnership and the value it will provide to the entire industry.”

BitGo CTO Benedict Chan added, “We worked with TRON’s development team to develop their first multi-signature, institutional-grade wallet. TRON’s move towards on-chain multi-signature opens the door for financial services clients. Fiduciaries, who are responsible for other people’s money, demand the highest levels of security and compliance.”

Some of the businesses that currently use BitGo (BitGo)

This news follows TRON’s recent announcement that its blockchain is now integrated with the Samsung Blockchain Keystore, bringing TRON decentralized apps to Samsung Devices.

Investors interested in trading TRX commission-free can earn $25 in free BTC by signing up for the Voyager app through this link (or use code: SLUDGE25).

More: BitGo Provides First Multi-Signature Wallet and Custody Solutions for TRON’s TRX

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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