BitGo Supports Dash: First Multi-Signature Wallet and Custodial Solution

PALO ALTO, Calif.–(BUSINESS WIRE)–BitGo, the market leader in institutional-grade cryptocurrency security,
announced today that it has added Dash to its expanding list of
currencies. BitGo is the first multi-signature wallet and custodial
solution on the market today that supports Dash. BitGo now supports 85
coins and tokens as part of its quickly growing list of digital
currencies.

Dash is a new money system that allows users to make instant payments
online or in-store using a secure open-source platform hosted by
thousands of users around the world.

BitGo’s user interface is multi-coin-friendly, allowing users to easily
create wallets for Dash and other currencies and view their combined
holdings in one place with a total $USD value. Clients can also move
between their respective wallets, viewing their assets, and full
transaction history. Dash and other coins and tokens are easily
integrated on the BitGo platform using a single API with no additional
coding required.

BitGo also recently announced BitGo Trust Company, the first qualified
custodian purpose-built for digital assets. Clients can now have their
Dash coins held by the only independent custodian that delivers the
highest levels of both security and regulatory compliance.

“BitGo’s integration with Dash provides this new currency model with an
infrastructure to attract institutional investment and provide the
highest level of security available on the market today,” said Ben Chan,
Chief Technology Officer of BitGo. “Institutional customers will be able
to enjoy high security storage and also take advantage of InstantSend on
this asset.”

Ryan Taylor, CEO of Dash said, “There are many benefits of integrating
Dash into BitGo’s industry-leading services. First, it introduces a
comprehensive custodial solution to the Dash network. BitGo will also be
the first to provide an enterprise-class multi-signature wallet, which
will enable institutions to safely leverage Dash at scale as part of
their operations. Because so many large cryptocurrency exchanges rely on
BitGo as part of their security, this integration will enable Dash to
partner with many new exchanges and make supporting Dash easier for some
of our existing partners. Finally, BitGo gains a new capability with
Dash in the form of instant transactions, which we think many of their
clients – especially exchanges – will value greatly.”

About Dash:

Dash
is the leading e-commerce and payments-focused digital currency, and the
rising alternative to bitcoin. Experiencing significant growth since its
beginnings in 2014, Dash is now accepted at more than 3,000+ merchants,
including 1,450 in Venezuela, in addition to being accessible via 400+
ATMs and 90+ exchanges worldwide- making it one of the few offering
safe, decentralized financial solutions to real world problems. Dash
offers a form of money that is portable, inexpensive, divisible, and
fast. It can be spent easily and instantly online at merchants across
the globe, at much lower fees than credit and debit cards. With over 60
members on the core team and a unique blockchain mining and treasury
model, Dash is the only major self-funded, self-governed organization in
the cryptocurrency industry. This allows for constant development and
funding for the entire project.

About BitGo:

BitGo, Inc. is the market leader in institutional-grade cryptocurrency
investment services providing security, compliance, and custodial
solutions for blockchain-based currencies. BitGo is the world’s largest
processor of on-chain bitcoin transactions, processing 15% of all global
Bitcoin transactions, and $15 billion per month across all
cryptocurrencies. The company has over $2 billion in assets in wallet,
and a customer base that includes the world’s largest cryptocurrency
exchanges and spans more than 50 countries. In 2018, it launched BitGo
Trust Company, the first qualified custodian purpose-built for storing
digital assets. For additional information, please visit www.BitGo.com.

Contacts

For BitGo:
MarinPR
Michelle Marin
mjmarinpr@gmail.com
or
For
Dash:
Wachsman
Amanda Woodward
amanda@wachsman.com

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