BitGo | Jotup

BitGo Marking its Commitment to Europe Expansion, Hires Brett Reeves for EMEA Sales

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Vendredi, mai 3, 2024

Standard Chartered, BitGo, Federal Financial Supervisory Authority, ARB, OTC, Business, European, Interest, Citibank, PALO, BlackRock, FX, Growth, Head, Bank

PALO ALTO, Calif., May 3, 2024 /PRNewswire-PRWeb/ -- BitGo, the leading custody and wallet solutions provider for digital assets, hires Brett Reeves for BitGo's expansion in Europe. Brett brings 20+ years of experience in traditional finance to BitGo, including work for various global investment banks within their Prime Brokerage and OTC Clearing sales teams. These included roles in London for Citibank and Nomura and more recently Standard Chartered Bank in Singapore where he spent eight years building their nascent FX and Interest Rates Prime Brokerage platform throughout the Middle East and Asia.

Key Points:

BitGo Europe is one of the few digital asset companies with a BaFin license in Germany to offer regulated custody services.
With MiCA European regulations due to take effect this year, BitGo is looking to extend our best-in-class custody solutions across Europe.
PALO ALTO, Calif., May 3, 2024 /PRNewswire-PRWeb/ -- BitGo , the leading custody and wallet solutions provider for digital assets, hires Brett Reeves for BitGo's expansion in Europe.
BitGo Chief Revenue Officer, Mark Azad shared, "We're pleased to welcome Brett Reeves to our team to lead expansion throughout Europe.

Hoseki Introduces Hoseki Verified: Elevating Attestation Standards for Spot Bitcoin ETFs

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Mercredi, mai 1, 2024

BitGo, Spot, Issuer, Environment, Trust, BITB, Cryptocurrency

MIAMI, May 1, 2024 /PRNewswire/ -- Hoseki, a leader in Bitcoin and blockchain verification technology, is excited to announce the launch of Hoseki Verified, a first of its kind Spot Bitcoin ETF verification product designed to ensure transparency and integrity in the cryptocurrency investment space. Bitwise (BITB), a premier asset management firm, has joined as the first participant in this innovative initiative to demonstrate their commitment to transparency and investor protection.

Key Points:

Hoseki Verified aims to set new standards in the verification processes for Spot Bitcoin ETFs, providing a robust framework that enhances trust and transparency for institutional and retail investors.
Additionally, Hoseki has released a publicly accessible dashboard that provides real-time representation of the spot Bitcoin held in custody, with custodians such as Coinbase, BitGo, and Gemini, for all participating Bitcoin ETF issuers.
In January, Bitwise published the bitcoin addresses of its Bitcoin ETF holdings, becoming the first Bitcoin ETF Issuer to do so.
Hoseki Verified meets this need by providing an unwavering level of digital asset verification, ensuring that every Spot Bitcoin ETF adheres to the highest standards of transparency and integrity."

Forescout Expands Leadership Team with Seasoned Executives

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Jeudi, avril 18, 2024

Professional Services, Data Management, Security, Technology, Human Resources, Software, Hardware, BitGo, Treasury, ExtraHop Networks, Marketing, Fintech, Communication, Bluecoat, Acquisition, MobileIron, Growth, Management

Forescout Technologies Inc., a global cybersecurity leader, today announced the expansion of its leadership team – Clarissa Horowitz to Chief Marketing Officer and Craig Weimer to Vice President of Sales, Americas.

Key Points:

Forescout Technologies Inc., a global cybersecurity leader, today announced the expansion of its leadership team – Clarissa Horowitz to Chief Marketing Officer and Craig Weimer to Vice President of Sales, Americas.
Horowitz and Weimer join recently appointed Duncan MacMurdy, Chief People Officer, and Edward Brown, Chief Legal Officer and Secretary, on the leadership team.
The nominations of Horowitz and Weimer follow recent appointments to the executive leadership team and further demonstrate the company’s ambitious growth plans.
“As Forescout continues to expand its global leadership in identifying and protecting managed and unmanaged connected cyber assets, the expertise and vision of this team will be instrumental in shaping our future growth,” said Barry Mainz, CEO at Forescout.

Tidal and Hashdex Announce Trading of U.S. Spot Bitcoin ETF

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Mardi, mars 26, 2024

NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Tidal Investments LLC (“Tidal” or the “Sponsor”), a leading name in the ETF industry, and Hashdex Asset Management Ltd. (“Hashdex”), a leading global crypto-focused asset manager, today announced the renaming of the Hashdex Bitcoin Futures ETF to the Hashdex Bitcoin ETF ("DEFI” or “Fund”) (Ticker NYSE Arca: DEFI, CUSIP: 88634V100).

Key Points:

NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Tidal Investments LLC (“Tidal” or the “Sponsor”), a leading name in the ETF industry, and Hashdex Asset Management Ltd. (“Hashdex”), a leading global crypto-focused asset manager, today announced the renaming of the Hashdex Bitcoin Futures ETF to the Hashdex Bitcoin ETF ("DEFI” or “Fund”) (Ticker NYSE Arca: DEFI, CUSIP: 88634V100).
Tidal ETF Services LLC serves as the Fund’s Administrator and BitGo serves as its Bitcoin Custodian.
The completed conversion of the Fund to a spot bitcoin ETF allows investors to gain exposure to spot pricing through an established product.
“We chose to partner with Hashdex on the Hashdex Bitcoin ETF because we knew that the firm’s extensive experience in the space would ensure that we custom-built an investor-friendly product that can offer benefits that otherwise may be unavailable when trading bitcoin directly in unregulated markets,” said Mike Venuto, CIO and Co-Founder of Tidal.

BlackRock Launches Its First Tokenized Fund, BUIDL, on the Ethereum Network

Retrieved on:

Mercredi, mars 20, 2024

BlackRock today unveils its first tokenized fund issued on a public blockchain, the BlackRock USD Institutional Digital Liquidity Fund (“BUIDL” or the “Fund”).

Key Points:

BlackRock today unveils its first tokenized fund issued on a public blockchain, the BlackRock USD Institutional Digital Liquidity Fund (“BUIDL” or the “Fund”).
BUIDL will provide qualified investors with the opportunity to earn U.S. dollar yields by subscribing to the Fund through Securitize Markets, LLC.
“This is the latest progression of our digital assets strategy,” said Robert Mitchnick, BlackRock’s Head of Digital Assets.
Securitize will act as a transfer agent and tokenization platform, managing the tokenized shares and reporting on Fund subscriptions, redemptions, and distributions.

Silence Laboratories Raises $4.1M Funding to Enable Privacy Preserving Collaborative Computing

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Jeudi, février 29, 2024

Engineering, MPC, Laboratory, AI, Library, BitGo, Confidentiality, Pet, Growth, Silence, Risk, MetaMask, Privacy, Trail, Trust, Environment, Cryptocurrency

Silence Laboratories is on a mission is to enable a global privacy-compliant collaboration infrastructure that would enable enterprises to collaborate, and exchange inferences while removing all single points of failure

Key Points:

Silence Laboratories announced today that it has raised an additional $4.1 million in a funding round led by Pi Ventures and Kira Studio, along with several prominent angel investors.
Silence Laboratories team is on a mission to enable a global privacy-compliant collaboration infrastructure.
Commenting on the announcement, Silence Laboratories CEO and founder, Dr. Jay Prakash, said: "In today's digital ecosystem, trust, and privacy are not merely options but imperatives for sustainable growth.
Shubham Sandeep, Managing Director Pi Ventures, commented: "Secure data collaboration to enable privacy preserving compute is an ever growing problem especially in highly regulated domains such as finance and healthcare.

Nirvana Labs Launches from Stealth the World's First Bare Metal Cloud for Web3, Announces Funding

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Jeudi, mars 7, 2024

NEW YORK, March 7, 2024 /PRNewswire-PRWeb/ -- Nirvana Cloud removes 95% of the inefficiencies and 60-85% of the cost introduced by traditional providers like AWS and Google Cloud on blockchain workloads.

Key Points:

Nirvana Cloud is disrupting the public cloud market by slashing cloud costs for web3 firms while reducing the industry's reliance on AWS and Google Cloud.
Nirvana Labs , a pioneer in web3 infrastructure, announces the public launch of Nirvana Cloud from stealth, while securing seed funding from notable web3 investors and prominent angels.
Nirvana Cloud is a first of its kind public bare metal cloud designed for the unique demands from web3, removing 95% of the unnecessary processes performed by conventional cloud providers like AWS and GCP on blockchain and web3 workloads, with Nirvana Cloud optimisations driving 60-85% in cloud savings for its clients.
Nirvana Cloud removes the complexity and costs around procuring, deploying, and networking the bare metal servers desperately needed by blockchain companies to reduce costs.

BitGo joins the Hedera Council to further the success of the Hedera network and support innovation

Retrieved on:

Mercredi, février 28, 2024

Engineering, PALO, HNWI, Architecture, USD, API, BitGo, News, HTS, Council, Cryptocurrency

PALO ALTO, Calif., Feb. 28, 2024 /PRNewswire/ -- BitGo Trust Company Inc., the leading digital asset trust and security company, has joined the Hedera Council to support innovation and invest in the future success of the Hedera network. BitGo launched in 2013, and with over 1500 clients globally across 50 countries, BitGo provides highly secure hot wallets and multi-jurisdictional regulated custodial cold wallets within a single platform and a unified API. Prior to today's announcement, BitGo invested significant engineering and product time to add wallet-as-a-service and qualified custody support for the Hedera Token Service (HTS), and it already runs six mirror nodes on Hedera, the open source, leaderless proof-of-stake network.

Key Points:

Furthering its vote of confidence in Hedera, BitGo becomes the 32nd member of the Hedera Council, a set of diverse, collusion-resistant organizations and enterprises committed to network innovation, stability, and the continued decentralization of Hedera.
Members of the Council run the initial network nodes and share an equal vote in the direction of Hedera's software and services.
Through its continued relationship with the Hedera network, BitGo plans to explore future opportunities to expand offering support with the Go Network, its real-time USD and digital asset settlement network.
We're excited to see how the relationship between Hedera and BitGo unfolds in light of today's news."

RW3 Ventures Raises Fund for Early-Stage Blockchain and Web3 Investments

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Jeudi, février 15, 2024

Professional Services, Technology, Blockchain, Web3, Finance, Fintech, Senior, RW3, Dwight (The Walking Dead), Investment, BitGo, Growth, Mubadala Investment Company, Coinbase, Fund, Partner (business rank), Xapo, Partnership, Cryptocurrency

RW3 Ventures, an early-stage venture capital firm focused on the blockchain industry, today announced the successful closing of RW3 Ventures Fund I LP (“Fund I” or the “Fund”), with $60 million in capital commitments.

Key Points:

RW3 Ventures, an early-stage venture capital firm focused on the blockchain industry, today announced the successful closing of RW3 Ventures Fund I LP (“Fund I” or the “Fund”), with $60 million in capital commitments.
Launched in 2021 in partnership with The Raptor Group, the family office of Jim Pallotta, RW3 Ventures supports early-stage companies building disruptive blockchain infrastructure and decentralized applications and protocols.
In addition to deploying capital, RW3 Ventures is uniquely positioned to help startups hire talent, build communities, and enhance their technical research and development capabilities.
To date, the Fund has made several investments across blockchain protocols, decentralized infrastructure, fully homomorphic encryption, and gaming.

BitGo Expands into Private Securities with Acquisition of Brassica

Retrieved on:

Mercredi, février 7, 2024

PALO, BitGo, API, Acquisition, Cryptocurrency

PALO ALTO, Calif., Feb. 7, 2024 /PRNewswire-PRWeb/ -- Brassica is an innovative provider of investment infrastructure for private securities and alternative investments.

Key Points:

PALO ALTO, Calif., Feb. 7, 2024 /PRNewswire-PRWeb/ -- Brassica is an innovative provider of investment infrastructure for private securities and alternative investments.
Acquiring Brassica bridges the gap between private securities and digital assets within the capital market ecosystem by providing flexible, secure and scalable investment infrastructure.
With this acquisition, BitGo becomes the first major financial services firm to be able to provide comprehensive infrastructure support for both traditional private securities and blockchain-based assets, while significantly expanding our global presence," said Mike Belshe, CEO of BitGo.
BitGo , the first digital asset company that has been focused exclusively on serving institutional clients since 2013, today announced its acquisition of Brassica, a financial technology company specializing in providing back-end infrastructure services for private securities and alternative investments.