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Stock impact report

BitGo Expands B2B Digital Asset and Stablecoin Payment Solutions for Stable Sea’s Onchain Treasury Services

BitGo Holdings, Inc. Class A (BTGO) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--BitGo Bank & Trust, National Association (“BitGo”), an OCC-regulated digital asset trust bank and subsidiary of BitGo Holdings, Inc. (NYSE: BTGO), and Stable Sea, a platform built for B2B stablecoin infrastructure, today announced a partnership designed to support secure digital asset and on-chain treasury solutions for businesses. Through the partnership, Stable Sea will leverage BitGo’s Crypto-as-a-Service (CaaS) infrastructure to provide customers access to institutional-grade digital asset solutions such as the ability to buy, sell, and hold bitcoin and stablecoins securely through custodial wallet solutions, with BitGo maintaining insurance coverage on assets held in qualified custody.Through BitGo’s CaaS solution, Stable Sea customers will be able to securely hold and trade supported digital assets, including bitcoin and stablecoins, within a regulated custody wallet environment. The partnership is intended to support modern treasury use cases such Show less Read more
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