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Custody news

BitGo chooses LGO Markets platform for custody services


10 April 2019 Palo Alto
Reporter: Jenna Lomax

Generic business image for news article
Image: Shutterstock
LGO Markets, a digital asset trading platform for institutional investors, is to provide custody services to BitGo.

The custody services and multi-signature wallets will be available to clients of hedge funds, family offices, and asset managers.

BitGo provides institutional investors with security, compliance, custodial, and liquidity solutions.

Hugo Renaudin, CEO of LGO Markets, said: “As a non-custodial platform, it makes sense for LGO to partner with a world-class custodian such as BitGo to service our clients.”

Mike Belshe, CEO of BitGo, added: “Our vision is aligned as both companies believe strongly in decentralised cryptocurrency markets where exchanges do not act as their own custodians, and where institutional investors can trade, manage, and store their digital assets without sacrificing security.”

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