BitGo is about to launch the first institutional wallet to store TRX

The cryptocurrency-oriented custodial service BitGo expands the list of services offered – institutional clients will have access to a wallet to store TRX funds.

BitGo company for some time collaborated with the Tron crypto project in order to eventually present the first wallet designed for institutional users to store TRX – a new custodian solution will support multi-signature technology. Clients will be able to independently configure access to the wallet so that operations with assets that are located there can only be initiated if there are two or more keys.

BitGo recalled that it has been successfully using multi-signatures since 2013. Since then, this solution has become the standard for digital wallet security. So, customers can count on a high level of security. TRX occupies the 11th position in the cryptocurrency rating according to market capitalization indicators; over the past 24 hours, the cost has grown by more than 3%.