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

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 assist Lif3’s intention 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 in addition instills a newfound confidence within the safe storage and transaction capabilities inside the Lif3 ecosystem, setting a brand new gold customary for asset safety within the DeFi area. 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} customary in safety, will assist present an progressive, 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 choice 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 the “Lif3 Pockets” obtainable for obtain on the App Retailer and Google Play.

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 long run panorama of the digital economic system and its imaginative and prescient in the direction of breaking down obstacles to cryptocurrency adoption by the Lif3 Cellular App, a one-stop resolution for on-ramping, investing, buying and selling, incomes, gaming, and off-ramping.

About Lif3.com

Lif3.com is an entire, 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 client DeFi, iGaming and the Leisure Sectors

LIF3

LIF3 (LIF3) is an ERC-20 token that powers the LIF3 ecosystem and offers 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 

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 Kind 2 and SOC 2 Kind 2 certifications, and rigorous regulatory compliance, BitGo ensures excessive requirements of safety and confidentiality. Increasing its companies, 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 companies are provided by BitGo Belief Firm, a South Dakota chartered belief firm. BitGo shouldn’t 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 concentrated on offering superior returns within the various asset area focusing particularly on blockchain investments.

Twitter: https://twitter.com/quantumftg

Contact

Media Relations
Chantel Elloway
Lif3 Labs Restricted
[email protected]