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    Lif3 companions with BitGo to Improve Blockchain Safety for Institutional DeFi Belongings

    Latest News

    Street City, British Virgin Islands, March thirteenth, 2024, Chainwire

    Lif3 (LIF3/USD)(LIF3/USDt), the revolutionary multi-chain DeFi Layer-1 ecosystem that operates on Ethereum, Polygon, BNB Chain, and Fantom, is thrilled to announce its strategic partnership with BitGo, the {industry}’s main safe certified institutional custodian. This collaboration marks a major leap ahead in securing and democratizing entry to blockchain applied sciences for customers worldwide as Lif3.com leverages BitGo’s pioneering, multi-signature expertise for custodial transactions, chilly storage of Lif3 tokens, LSHARE tokens, and L3USD.

    “We’re happy to help Lif3’s purpose of accelerating entry to DeFi with our industry-leading, safe custody options. This partnership will present Lif3 customers peace of thoughts to confidently interact within the DeFi ecosystem,” says Mike Belshe, CEO of BitGo. 

    “This strategic collaboration not solely enhances the security of digital property for institutional shoppers, but additionally instills a newfound confidence within the safe storage and transaction capabilities throughout the Lif3 ecosystem, setting a brand new gold commonplace for asset safety within the DeFi house. As an advocate for the LIF3 ecosystem, I’m most excited to harness BitGo’s famend multi-signature institutional custodial options for the impeccable safeguarding of its core property. Becoming a member of forces with BitGo, acknowledged because the {industry} commonplace in safety, will assist present an modern, unparalleled layer of safety for Lif3 tokens, LSHARE tokens, and L3USD – using BitGo’s cutting-edge chilly storage expertise. The connection with BitGo spans over a decade as I’ve been utilizing their merchandise since 2013, the place their product choices have advanced from securing Bitcoin to creating Wrapped Bitcoin (WBTC), for instance. It was a simple determination to assist select BitGo to safe Lif3’s ecosystem,” says Harry Yeh, Managing Director of Quantum FinTech Group.

    This partnership helps Lif3’s imaginative and prescient for a extra simplified, safer and interactive consumer expertise and facilitates seamless acquisition for client DeFi by means of the “Lif3 Pockets” out there for obtain on the App Retailer and Google Play. 

    See also  South Africa Units Licensing Deadline for Digital Asset Exchanges

    This BitGo announcement coincides with Lif3’s latest Ethereum Migration announcement and its strategic partnership with Layer Zero, an alliance designed to handle the challenges related to token bridging, for a safer and environment friendly blockchain expertise. 

    Lif3.com and the “Lif3 Pockets” proceed to be a platform of curiosity for these invested in the way forward for decentralized finance and blockchain expertise. The dedication to steady enchancment and innovation positions Lif3 as a frontrunner in shaping the longer term panorama of the digital financial system and its imaginative and prescient in the direction of breaking down limitations to cryptocurrency adoption by means of the Lif3 Cellular App, a one-stop answer for on-ramping, investing, 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 Pockets” is obtainable on the App Retailer and Google Play – unlocking the potential of Web3 by means of client DeFi, iGaming and the Leisure Sectors

    LIF3

    LIF3 (LIF3) is an ERC-20 token that powers the LIF3 ecosystem and supplies a complete suite of options to handle digital property throughout a number of blockchains whereas permitting customers to profit from staking. To acquire entry to $LIF3 on Bitfinex, prospects can go to: https://buying and selling.bitfinex.com/t/LIF3:UST – API image for LIF3 is LIFIII on Bitfinex 

    See also  Bitcoin worth right this moment: falls to $69k as CPI jitters weigh

    Twitter | Lif3 Information and Updates | Easy methods to Purchase LIF3 with ETH or USDT on Ethereum

    For official LIF3 logos and branding please customers can go to:

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

    About BitGo

    BitGo, based in 2013, is a number one supplier of safe digital asset pockets options, providing institutional-grade custody, staking, buying and selling, and core pockets infrastructure. Notably, it pioneered the multi-signature pockets and launched BitGo Belief Firm in 2018, the primary certified custodian for digital property. With a $250 million insurance coverage coverage, SOC 1 Sort 2 and SOC 2 Sort 2 certifications, and rigorous regulatory compliance, BitGo ensures excessive requirements of safety and confidentiality. Increasing its providers, BitGo launched institutional-grade DeFi, NFT, web3 choices, and the Go Community. In 2023, it secured $100M Sequence C financing, valuing the corporate at $1.75B. BitGo helps 700+ digital property, processes 20% of on-chain Bitcoin transactions, and serves over 1,500 institutional shoppers throughout 50 international locations.

    Disclaimer

    Custody providers are supplied by means of BitGo Belief Firm, a South Dakota chartered belief firm. BitGo will not be registered with the SEC, and doesn’t supply authorized, tax, funding, or different recommendation. Please seek the advice of your authorized/tax/funding skilled for questions on your particular circumstances.

    About Quantum Fintech Group

    Quantum Fintech Group is a non-public funding group based in 2020, and is targeted on offering superior returns within the different asset house focusing particularly on blockchain investments.

    See also  Dogecoin Eyes $1, Shiba Inu Assessments Assist, Pepe Rallies: What’s Subsequent?

    Twitter: https://twitter.com/quantumftg

    Contact

    Media Relations
    Chantel Elloway
    Lif3 Labs Restricted
    [email protected]

    Disclaimer: The knowledge introduced on this article is a part of a sponsored/press launch/paid content material, meant solely for promotional functions. Readers are suggested to train warning and conduct their very own analysis earlier than taking any motion associated to the content material on this web page or the corporate. Coin Version will not be chargeable for any losses or damages incurred on account of or in reference to the utilization of content material, merchandise, or providers talked about.

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