TRON came to us because of our reputation for delivering secure and compliant solutions designed for institutional investors. We’ve been working closely together to develop the first TRX institutional-grade wallet and custody offerings that provide on-chain, multi-sig security.
BitGo pioneered multi-sig security in 2013 and, since then, it has become an industry standard for security of digital wallets. Multi-sig is a digital signature scheme which allows two or more users to securely sign documents as a group. In the case of digital assets, funds are stored using a multi-sig address and must be accessed by two or more keys, which are held by separate individuals.
Multi-sig has been openly reviewed and tested by the security community. It works with a multitude of open source tools and we are very pleased to be extending it to TRX on November 8.