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Stock impact report

BitGo to Securely Store Digital Asset Treasury Holdings for Canton Strategic Holdings, Inc.

BitGo Holdings, Inc. Class A (BTGO) 
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--BitGo Bank & Trust, National Association (“BitGo Bank & Trust”), an OCC-regulated digital asset trust bank and subsidiary of BitGo Holdings, Inc. (“BitGo”) (NYSE: BTGO), today announced that Canton Strategic Holdings, Inc. (“Canton Strategic Holdings”) (NASDAQ: CNTN), the first publicly traded company to leverage Canton Coin to support the Canton Network's ability to digitize traditional financial markets, has selected BitGo as the institutional-grade custodian for its Canton-focused digital asset treasury holdings.Under this arrangement, BitGo Bank & Trust will provide secure, regulated custody, and operational controls designed to support Canton Strategic Holdings’ digital asset treasury strategy, including cold storage and multi-signature wallet infrastructure.“Our mandate is to advance institutional blockchain adoption to drive the digitization of financial markets,” said Mark Wendland, Chairman and CEO, Canton Strategic Holdings. “With BitGo providi Show less Read more
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