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BitGo Defies Crypto Turmoil: Secures $100M Funding for Custody Services

BitGo Defies Crypto Turmoil: Secures $100M Funding for Custody Services
The cryptocurrency custody company BitGo has defied the odds to raise a substantial $100 million in funding at a valuation of USD $1.75 billion. The funding arrived at a time the cryptocurrency sector has been marked by uncertainty, regulatory debates, and market volatility.Regulatory SafetyAccording to a report by Bloomberg, the company’s CEO, Mike Belshe, acknowledged the challenging market conditions but attributed BitGo’s success to its adherence to licensing and regulations, which has rep... Read More
Posted: Aug 16 2023, 17:53
Author Name: financemagnates
Views: 092095

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