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BitGo has announced the creation of its cryptocurrency store

Previously, BitGo wanted to acquire the asset management company Kingdom Trust.

26.May.18 11:28 PM
By Abigail Richards


BitGo has announced the creation of its cryptocurrency store
BitGo has announced the creation of its store. So, as writes, four months after the information appeared that BitGo wants to acquire the Kingdom Trust company, the California start-up has announced the abandonment of these plans and the decision to create in its storage for bitcoins and other cryptocurrencies.

The official blog of the company notes that BitGo wants to get permission to create a new regulated and qualified depositary organization called BitGo Trust. It is also said that the organization will specialize in digital assets.

According to Clarissa Horowitz, vice president of marketing for Clarissa Horowitz, much time was spent working with clients, because these are the ones who need to be serviced. "We realized that it is best to do this with the help of a depository organization, which will be entirely focused on their assets. For this reason, we have focused our attention on creating a qualified and fully independent organization, "Horowitz added.

At the same time, the time frame for the implementation of this project is not known.

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