BitGo is pleased to announce support for Initia (INIT) across both qualified custody and self-custody cold wallets, reinforcing our commitment to providing secure access to emerging Layer 1 networks and top digital assets.
Initia is a Layer 1 blockchain built with the Cosmos SDK that serves as the coordination layer for a modular stack of Layer 2 rollups. Designed to simplify app-chain development, Initia offers a unique blend of high performance, interoperability, and developer flexibility through its OPinit stack-a VM-agnostic framework that supports MoveVM, WasmVM, and EVM environments.
With features like:
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500ms block times and up to 10,000 TPS via Minitia (Initia's Layer 2s)
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Seamless Inter-Blockchain Communication (IBC) for cross-chain value and data transfer
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Built-in support for staking, governance, and classic token utility
Initia is quickly gaining attention as a foundational layer for scalable, interoperable blockchain ecosystems. BitGo's support for INIT enables projects and institutions building on Initia to safely secure their assets with industry-leading custody solutions. Stay tuned for staking availability and more updates as we continue expanding access to innovative Layer 1 and Layer 2 ecosystems.
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About BitGo
BitGo is the digital asset infrastructure company, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have been focused on accelerating the transition of the financial system to a digital asset economy. With a global presence and multiple regulated entities, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, and millions of retail investors worldwide.