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BitGo Expands to Support Flare and Songbird, Enhancing Institutional Access
ByAinvest
Thursday, Jun 12, 2025 11:35 am ET1min read
BitGo, a leading cryptocurrency custody solutions provider, now supports Flare (FLR) and Songbird (SGB), boosting accessibility for institutions. The addition of FLR, a top 100 altcoin, solidifies BitGo's position as the leading custodian for top-tier digital assets. BitGo's support for Flare and Songbird will enable institutions to manage assets securely and flexibly.
BitGo, a leading cryptocurrency custody solutions provider, has announced the addition of Flare (FLR) and Songbird (SGB) to its supported assets, enhancing accessibility for institutional investors. This move solidifies BitGo's position as the leading custodian for top-tier digital assets, including those in the top 100 altcoin rankings.The inclusion of Flare, a top 100 altcoin, and Songbird, a privacy-focused cryptocurrency, allows BitGo to offer secure and flexible asset management solutions to institutions. Flare, a blockchain for data that is backed by Ripple Labs, has demonstrated significant traction in the retail sector through partnerships with platforms like Uphold, which serves over 10 million users with approximately US$7 billion in assets under reserve [1].
BitGo's support for Flare and Songbird will enable institutions to manage these assets securely and flexibly, leveraging the robust infrastructure of the Flare network. The network's ability to attract substantial liquidity has been recently demonstrated by the launch of the USDT0 stablecoin, which drove over US$90 million in new Total Value Locked (TVL) [1].
The addition of Flare and Songbird to BitGo's supported assets further cements its role as a trusted and comprehensive custodian for digital assets. This expansion is part of BitGo's ongoing efforts to provide institutions with the tools they need to navigate the rapidly evolving landscape of cryptocurrency and blockchain technology.
References:
[1] https://www.nasdaq.com/articles/vivopower-partners-flare-launch-xrp-centric-treasury-management-strategy
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