PALO ALTO, Calif.--(BUSINESS WIRE)--BitGo, the market leader in institutional-grade cryptocurrency security, announced today it has added support for Zcash to its expanding list of diverse digital currencies. Last week, BitGo announced it had added 57 ERC 20 tokens, which are expected to grow to over 100 by the end of 2018.
BitGo is the only company in the industry with 100% multi-signature wallets across all coin types and provides the highest level of security, compliance and custodial services. This distinction makes it the perfect solution to support Zcash – a digital asset focused on privacy protection and cutting-edge cryptographic technology.
“Our mission is to offer our institutional clients the most complete portfolio of digital currency investment services, which includes the largest and most diverse basket of coins and tokens to help them hedge the market and get better returns,” said Ben Chan, Chief Technology Officer of BitGo. “As one of the world’s most valuable and technologically demanding digital currencies, Zcash is an important new asset for our institutional investors.”
“With BitGo’s exceptional standards, institutional grade, multi-signature security and custody services, investors are able to seamlessly send and receive Zcash in a safe and secure way,” said Brad Miller, Zcash engineer and ecosystem lead. “The Zcash Company ecosystem team and BitGo worked collaboratively to ensure Zcash is well integrated and supported."
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BitGo Inc. is the market leader in institutional-grade investment services, providing institutional investors with security, compliance, and custodial solutions for blockchain-based currencies. BitGo is the world's largest processor of on-chain bitcoin transactions, processing 15% of all global bitcoin transactions, and $15 billion per month across all cryptocurrencies. The company has a customer base that includes the world's largest cryptocurrency exchanges and spans more than 50 countries. BitGo is headquartered in Palo Alto, California, and has offices in New York, London, Singapore, and Tokyo. For additional information, please visit www.BitGo.com.
The Zcash Company mission is to empower everyone with economic freedom and opportunity. We believe that everyone has a right to privacy, that the pursuit of economic freedom is virtuous, and that the future of money is an attack- and censorship-resistant digital currency. The Zcash Company launched and supports the development of the Zcash cryptocurrency — a privacy-protecting, digital currency built on strong science. Since its launch in 2016, Zcash has quickly grown to be one of the most valued and admired cryptocurrencies in the world.