Stack's list of partners includes premiere financial services providers, BitGo, Silvergate Bank, and Coin Metrics for custodian, banking, and index solutions, respectively.
As you may know, Litecoin was designed to solve many of the problems that users had with Bitcoin, such as scalability. The project’s website reads:
BitGo is processing more than 20 percent of bitcoin transactions, the company said at CoinDesk’s Invest: NYC conference. The announcement by the crypto custodian and issuer of hot and cold storage wallets means that a sizable share of on-chain transactions pass through its services, a sign of consolidation, and power, in the crypto space.
Benedict Chan, chief Technology officer at Bitgo, discusses the ECB’s stance on Facebook’s Libra, the possibility of the PBOC beginning a cryptocurrency, price of bitcoin, consolidation in the industry and interest from investors. He speaks on “Bloomberg Market: Asia.” (Source: Bloomberg)
Crypto company BitGo Inc. has acquired another startup, Hedge, as it moves into the increasingly popular area of providing a form of interest payments to holders of cryptocurrencies.
BitGo, a leader in digital asset financial services, will provide secure storage for the crypto assets under management at Bitstamp.
What is the safest way to store digital currencies? The answer to that question could decide the biggest winners in a multibillion-dollar race to determine what companies will be the leading custodians of cryptocurrencies, which are increasingly being used by money managers and other institutions for themselves or their clients.