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Crypto Tag News > Blog > Crypto > Ethereum > Lif3 companions with BitGo to Fortify Blockchain Safety for Institutional DeFi Property
Ethereum

Lif3 companions with BitGo to Fortify Blockchain Safety for Institutional DeFi Property

snifferius
Last updated: 2024/03/13 at 10:31 PM
snifferius Published March 13, 2024
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[PRESS RELEASE – Road Town, British Virgin Islands, March 13th, 2024]

Lif3 (LIF3/USD)(LIF3/USDt), the innovative multi-chain DeFi Layer-1 ecosystem that operates on Ethereum, Polygon, BNB Chain, and Fantom, is extremely joyful to announce its strategic partnership with BitGo, the trade’s book certified institutional custodian. This collaboration marks an important soar ahead in securing and democratizing get entry to to blockchain applied sciences for customers international as Lif3.com leverages BitGo’s pioneering, multi-signature era for custodial transactions, chilly attic of Lif3 tokens, LSHARE tokens, and L3USD.

“We are pleased to support Lif3’s aim of increasing access to DeFi with our industry-leading, secure custody solutions. This partnership will provide Lif3 users peace of mind to confidently engage in the DeFi ecosystem,” says Mike Belshe, CEO of BitGo.

“This strategic collaboration not only enhances the safety of digital assets for institutional clients, but also instills a newfound confidence in the secure storage and transaction capabilities within the Lif3 ecosystem, setting a new gold standard for asset protection in the DeFi space. As an advocate for the LIF3 ecosystem, I’m most excited to harness BitGo’s renowned multi-signature institutional custodial solutions for the impeccable safeguarding of its core assets. Joining forces with BitGo, recognized as the industry standard in security, will help provide an innovative, unparalleled layer of security for Lif3 tokens, LSHARE tokens, and L3USD – utilizing BitGo’s cutting-edge cold storage technology. The relationship with BitGo spans over a decade as I have been using their products since 2013, where their product offerings have evolved from securing Bitcoin to creating Wrapped Bitcoin (WBTC), for example. It was an easy decision to help choose BitGo to secure Lif3’s ecosystem,” says Harry Yeh, Managing Director of Quantum FinTech Group.

This partnership helps Lif3’s optic for a extra simplified, more secure and interactive person enjoy and facilitates seamless acquisition for shopper DeFi in the course of the “Lif3 Wallet” to be had for obtain at the App Pack and Google Play games.

This BitGo announcement coincides with Lif3’s fresh Ethereum Migration announcement and its strategic partnership with Layer 0, an alliance designed to handle the demanding situations related to token bridging, for a extra book and environment friendly blockchain enjoy.

Lif3.com and the “Lif3 Wallet” proceed to be a platform of pastime for the ones invested going forward of decentralized finance and blockchain era. The loyalty to steady growth and innovation positions Lif3 as a leader in shaping the pace terrain of the virtual financial system and its optic against breaking ailing limitations to cryptocurrency adoption in the course of the Lif3 Cell App, a one-stop answer for on-ramping, making an investment, buying and selling, incomes, gaming, and off-ramping.

About Lif3.com

Lif3.com is a whole, omni-chain DeFi ecosystem, that features a Curated Layer-1 Blockchain, and a self-custody pockets. “Lif3 Wallet” is to be had at the App Pack and Google Play games – unlocking the opportunity of Web3 thru shopper DeFi, iGaming and the Leisure Sectors

LIF3

LIF3 (LIF3) is an ERC-20 token that powers the LIF3 ecosystem and gives a complete suite of options to top virtual belongings throughout a couple of blockchains month permitting customers to have the benefit of staking. To procure get entry to to $LIF3 on Bitfinex, shoppers can discuss with: https://trading.bitfinex.com/t/LIF3:UST – API image for LIF3 is LIFIII on Bitfinex 

Twitter | Lif3 Information and Updates | How you can Purchase LIF3 with ETH or USDT on Ethereum

For respectable LIF3 trademarks and branding please customers can discuss with:

https://docs.lif3.com/brand-assets

About BitGo

BitGo, based in 2013, is a supplier of book virtual asset pockets answers, providing institutional-grade custody, staking, buying and selling, and core pockets infrastructure. Particularly, it pioneered the multi-signature pockets and introduced BitGo Accept as true with Corporate in 2018, the primary certified custodian for virtual belongings. With a $250 million insurance plans, SOC 1 Kind 2 and SOC 2 Kind 2 certifications, and rigorous regulatory compliance, BitGo guarantees prime requirements of safety and confidentiality. Increasing its services and products, BitGo offered institutional-grade DeFi, NFT, web3 choices, and the Travel Community. In 2023, it fasten $100M Form C financing, valuing the corporate at $1.75B. BitGo helps 700+ virtual belongings, processes 20% of on-chain Bitcoin transactions, and serves over 1,500 institutional purchasers throughout 50 international locations.

Disclaimer

Custody services and products are introduced thru BitGo Accept as true with Corporate, a South Dakota chartered consider corporate. BitGo isn’t registered with the SEC, and does no longer do business in felony, tax, funding, or alternative recommendation. Please seek the advice of your felony/tax/funding skilled for questions on your particular instances.

About Quantum Fintech Crew

Quantum Fintech Crew is a non-public funding staff based in 2020, and is involved in offering great returns within the additional asset territory focusing in particular on blockchain investments.

Twitter: https://twitter.com/quantumftg

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TAGGED: BitGo, Blockchain, companions, DeFi, Fortify, Institutional, Lif3, Property, Safety

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