Goldman Sachs and Mike Novogratz’s Galaxy Digital Invest in Cryptocurrency Custodian BitGoGoldman Sachs Group Inc. and billionaire Mike Novogratz’s Galaxy Digital Ventures have announced they are investing $15 million in cryptocurrency custodian BitGo Holdings Inc.
BitGo Boosted by Approval to Become a Regulated Cryptocurrency CustodianCrypto security startup BitGo has today received green light from the South Dakota Division of Banking to act as a qualified custodian for digital assets, meaning it can now offer institutional clients a regulated storage solution for cryptocurrencies.
BitGo Announces Instant Transactions ServiceBitGo announced lauching a new service, which would allow the company’s customers to accept bitcoin transactions prior to their official confirmation on the blockchain.