Crypto exchange LGO Markets to use BitGo for custody and multi-sig wallets
BitGo, Inc., the provider of blockchain asset security and financial services, today announced that LGO Markets, the newly-launched digital asset trading platform for institutional investors, is providing BitGo custody and multi-signature wallets for its clientele of hedge funds, family offices, and asset managers.
LGO’s clients will be able to custody their assets with BitGo Trust Company, an independent, qualified custodian that provides compliant custody and is regulated by the South Dakota Division of Banking.
LGO’s mission is to build a fully-regulated, transparent and compliant digital asset exchange focused on the needs of institutional investors. They chose BitGo as one of their custody partners for its track record as a leading secure custody solution with institutional-grade compliance and policy controls. BitGo has comprehensive support of crypto assets and tokens and will support LGO’s token, which is on the Ethereum platform.
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