Aug. 5 at 2:09 PM
$BTGO 🚀 Spotex partners with BitGo for regulated custody and prime brokerage in institutional digital asset trading.
Full article: https://liquidityfinder.com/news/spotex-partners-with-bitgo-to-deliver-regulated-custody-and-prime-brokerage-for-institutional-digital-asset-trading
The integration connects Spotex's execution infrastructure with BitGo's Go Network settlement and clearing solution, letting clients trade on Spotex while assets stay in BitGo custody. Reduces pre-funding needs and counterparty risk.
BitGo is the first digital asset custodian live on Spotex, though the arrangement is non-exclusive.
Joe Tuccio, Head of Digital Assets at Spotex: "Having BitGo, one of the world's largest specialist institutional custodians, as our first live digital asset custodian brings huge credibility to Spotex as we build out our digital asset offering and strengthen asset protection for our clients."
$BTGO #DigitalAssets #InstitutionalTrading