BitGo — a cryptocurrency trust and security company — has launched an EOS multi-signature wallet and custody service. On Aug. 22, BitGo officially published a news release stating that it is adding EOS to its supported assets list.
Ben Chan, chief technology officer of the firm, said:
“The EOSIO software has some innovative differentiators like its high transaction capacity and fee model that required our engineering team to scale our platform. We were able to successfully create an experience for EOS users that is seamless and consistent with how we support other coins and tokens.”
More cryptocurrencies supported
Multi signatures are employed to protect liquidity services, security, and custody in BitGo. Over 200 coins and tokens are supported in the service which is integrated via a single application programming interface.
In addition, Pete Najarian, the former senior vice president of Xapo wallet provider, has been appointed as the new chief revenue officer of BitGo.
The company has a customer base in the world’s largest cryptocurrency exchanges found in more than 50 countries. Valor Equity Partners, Redpoint Ventures, Galaxy Digital Ventures, DRW, Goldman Sachs, Digital Currency Group and Craft Ventures are the companies backing BitGo.