Founded in 2013, BitGo has become an industry leader managing wallets at crypto exchanges, but to date, its service has been limited to larger protocols like bitcoin and ethereum.
Yet the addition of ethereum tokens could be a key first-move advantage.
According to BitGo CTO Benedict Chan, there has been a surge in demand for custody solutions for alternative crypto assets such as the kind it’s now adding.
“They don’t want to do the ICO yet until all their tokens can be held by BitGo.”
Luckily for institutional investors, startups like BitGo and Smart Valor are prioritizing secure custody for tokens, not just bitcoin.

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