- Tron excited for the partnership with BitGo; growth in institutional adoption expected.
- Exchange companies, prime brokers and futures platforms can find viable storage for their TRX with BitGo.
Tron is opening itself up to more adoption following the integration with BitGo. The founder of Tron Justin Sun has announced that the partnership will see the network delve into the DeFi applications.
“We are excited to be supported by BitGo, which will enable TRON to further delve into various DeFi applications and we welcome them as a partner.”
Justin is also confident that the support on BitGo will see support Tron’s adoption among institutional clients increase. The official announcement says that Tron will be support in both BitGo’s hot wallet and custody solutions starting November.
BitGo is also opening up its custody services for any other parties having Tron (TRX). Some these could be exchange companies, prime brokers and even futures platforms. Benedict Chan, BitGo’s CEO commended Tron’s progress in security saying:
“TRON’s move towards on-chain, multi-sig opens the door for financial services clients who demand the highest levels of security.”
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