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- The exchange has decided to work with BitGo trust, the first competent custodian purpose-built for the storage of digital assets.
- A prominent platform in digital asset financial services, BitGo offers institutional investors with custody, security, and liquidity solutions.
- Over 20% of global Bitcoin transactions are processed by BitGo.
The first Federal regulated cryptocurrency derivatives exchange LedgerX declared its partnership with BitGo, a market player in digital asset financial services that will offer multi-signature wallet services.
The exchange has decided to work with BitGo trust, the first competent custodian purpose-built for the storage of digital assets. It will provide LedgerX’s customers with coverage under its crypto wallet custody insurance program.
Chief Revenue Officer of BitGo, Pete Najarian said that crypto derivatives are experiencing a noteworthy growth. It will be an honor for BitGo to offer top-class support to Ledger X, which is emerging as a vital asset class in the US market.
Chief Executive Officer and President of LedgerX, Zach Dexter, commented in this collaboration BitGo is leading from the front to offer mature, third-party solutions for digital assets that are established as a leading industry standard. LedgerX is delighted in associating with BitGo trust.
About BitGo
A prominent platform in digital asset financial services, BitGo offers institutional investors with custody, security, and liquidity solutions. Over 20% of global Bitcoin transactions are processed by BitGo. It also supports 250 coins and tokens.
The BitGo users include the world’s largest crypto exchange and expand more than 50 countries. In 2018, it established BitGo Trust Company, the first competent custodian purpose-built for the storage of digital assets.
It is endorsed by Valor Equity Partners, Craft Ventures, Redpoint Ventures, Digital Currency Group, Goldman Sachs, Galaxy Digital Ventures, and DRW.
About Ledger X
LedgerX is a federally regulated exchange founded in 2013. It offers Mini contracts that trade in increments of 0.01 bitcoin and are available to all US citizens. It features an easy go site for the mobile users and a live book order that is open to trade 24X7 in its platform. It is an authorized a swap execution facility (SEF) and derivatives clearing organization (DCO).
