BitGo and IOTA Collaborate to Offer Institutional Investors Secure Custody for Native Token

IOTA has partnered with BitGo to provide institutional investors with secure custody and management of its native token. The partnership leverages BitGo's existing infrastructure for custody, wallets, staking, trading, settlement, and financing from regulated cold storage. BitGo is also filing for a US IPO and has secured regulatory approval from Germany's BaFin to expand its custody and trading services in Europe. The collaboration is expected to increase institutional accessibility and boost IOTA's user base.