Institutional Adoption
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According to BusinessWire, a digital asset financial services firm known as BitGo launched a wallet and custody solutions for TRON’s TRX token. “BitGo is a trailblazer and well-known marker of quality for the digital assets industry,” said Justin Sun, CEO, TRON. “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 also introduced a multi-signature security. “We worked with TRON’s development team to develop their first multi-signature, institutional-grade wallet,'' said Benedict Chan, CTO, BitGo. “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.”
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