Lif3 collaborates with BitGo to improve blockchain security for institutional DeFi assets.
On March 13th, 2024, in Road Town, British Virgin Islands, an announcement was made by Chainwire. Lif3 is excited to announce a partnership with BitGo, a top secure institutional custodian, as part of its multi-chain DeFi Layer-1 ecosystem running on various platforms such as Ethereum, Polygon, BNB Chain, and Fantom. This partnership signifies a significant advancement in ensuring and promoting widespread access to blockchain technologies for users globally like Lif13. | Our company utilizes BitGo’s innovative multi-signature technology for secure custodial transactions, as well as cold storage of Lif3 tokens, LSHARE tokens, and L3USD. We are proud to assist Lif3 in their goal of expanding DeFi accessibility through our top-notch custody solutions. Mike Belshe, CEO of BitGo, stated that this collaboration will give Lif3 users assurance to participate in the DeFi ecosystem with confidence. The partnership will not only improve the security of digital assets for institutional clients but will also increase trust in Lif3’s secure storage and transaction abilities, establishing a high standard for asset protection in the DeFi industry. I am very enthusiastic about utilizing BitGo’s well-known multi-signature institutional custodial solutions to protect the core assets of the LIF3 ecosystem, as an advocate for it. Teaming up with BitGo, a leader in security within the industry, will enhance the security of Lif3 tokens, LSHARE tokens, and L3USD by incorporating BitGo’s advanced cold storage technology. This collaboration will offer a unique and cutting-edge level of security for these tokens. I have been a customer of BitGo for more than ten years, starting in 2013 when they primarily focused on securing Bitcoin. Over the years, their product range has expanded to include offerings like Wrapped Bitcoin (WBTC).