Earlier this month we released support for 57 ERC20 tokens, and we are closing out the month with the addition of Zcash, a privacy-protecting digital currency based on Bitcoin technology. Zcash is now supported in both our multi-signature wallets and our cold storage custody solutions.
BitGo and Zcash engineers worked together to integrate the zero knowledge proof token and then we brought it to some of our veteran clients for beta testing. The result is the only institutional-grade wallet and custody solutions for Zcash.
As our CTO Ben Chan noted in Zcash's blog post: "We are working hard to offer our institutional clients the most complete portfolio of digital currencies. Zcash is a compelling digital currency that many hedge funds, exchanges and customers have been asking for because of its emphasis on privacy. We are glad to deliver a secure multi-signature implementation to store Zcash today."
Zcash supports two types of addresses: Unshielded addresses, which start with a 't' and shielded addresses, which start with 'z'. BitGo wallets and cold storage support deposits with unshielded or shielded addresses. All withdrawals must be sent to unshielded addresses.
For information on how to access Zcash through your wallet as well as other support questions, check out these helpful articles.
Keep track of new coins and tokens as we add them on the BitGo Multi-currency webpage.
For any additional information, please contact sales@bitgo.com.
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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.