Formosa Financial partners with BitGo for custodial services

Tuesday 23 October 2018 10:59 CET | News

Formosa Financial has integrated BitGo`s custodial services into the Formosa Financial suite of digital asset management tools.

Formosa Financial, the financial services platform for managing digital assets, aims to solve issues faced in the blockchain industry, by creating a single point of access to custodial, brokerage, and risk management tools for digital assets.

BitGo focuses in institutional-grade cryptocurrency security and combines technical experience and regulatory compliance surrounding issues in digital asset custody. Their custodial services are trusted by blockchain companies and financial institutions, such as Ripple, Bitstamp, SBI Holdings, CME Group, and The Royal Mint.

As BitGos multi-signature wallets and custody solutions are integrated into the Formosa Financial platform, FF clients will have access to the security, broad currency support, and configurable policy controls. This service paired with Formosa Financials other offerings, such as liquidity-pooling prime brokerage services and interest-bearing products will enable clients to focus on their core strengths by facilitating their treasury management system.

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Keywords: Formosa Financial, partnership, BitGo, custodial services, risk management, blockchain, cryptocurrency
Countries: World