Lif3 partners with BitGo to strengthen blockchain security for institutional DeFi assets – Blockchain News, Opinion, TV & Careers

adminMarch 14, 2024

Road Town, British Virgin Islands, March 13, 2024, Chainwire

Live 3 (LIF3/USD)(LIF3/USDt), an innovative multi-chain DeFi Layer-1 ecosystem operating on Ethereum, Polygon, BNB Chain, and Fantom, is pleased to announce a strategic partnership with BitGo, an institutional custodian with industry-leading security credentials. As Lif3.com leverages BitGo’s pioneering multi-signature technology for custodial transactions, cold storage of Lif3 tokens, LSHARE tokens and L3USD, this collaboration will help secure and democratize access to blockchain technology for users around the world. It represents an important leap forward.

“We are excited to support Lif3’s goal of increasing access to DeFi through industry-leading secure custody solutions. “This partnership will provide Lif3 users with peace of mind to confidently participate in the DeFi ecosystem.” Mike BelseyCEO of BitGo.

“This strategic collaboration not only improves the safety of digital assets for institutional clients, but also instils new confidence in secure storage and transaction capabilities within the Lif3 ecosystem, setting a new standard for asset protection in the DeFi space. As an advocate for the LIF3 ecosystem, I am most excited to leverage BitGo’s renowned multi-signature authority management solution to fully protect our core assets. Partnering with BitGo, a recognized industry standard in security, will help us leverage BitGo’s cutting-edge cold storage technology to provide an innovative and unparalleled layer of security for Lif3 Tokens, LSHARE Tokens and L3USD. For example, I have been using BitGo’s products since 2013 and my relationship with BitGo spans over 10 years. For example, BitGo’s product offering has evolved from securing Bitcoin to creating Wrapped Bitcoin (WBTC). “It was an easy decision to help select BitGo to secure Lif3’s ecosystem.” harry yesExecutive Director Quantum Fintech Group.

This partnership supports Lif3’s vision for a simpler, more secure, and more interactive user experience and facilitates seamless acquisition for consumer DeFi through “Lif3 Wallet,” available for download on the App Store and Google Play.

This BitGo announcement coincides with Lif3’s recent Ethereum Migration announcement and strategic partnership with Layer Zero, an alliance designed to solve the challenges associated with token bridging for a more secure and efficient blockchain experience.

Lif3.com and “Lif3 Wallet” continue to be platforms of interest to those investing in the future of decentralized finance and blockchain technology. Its commitment to continuous improvement and innovation positions Lif3 as a leader in shaping the future landscape of the digital economy and its vision to break down barriers to cryptocurrency adoption through the Lif3 mobile app, a one-stop solution for entry, investment and trading. I ranked it. , income, games and off-ramps.

About Lif3.com

Lif3.com is a complete omnichain DeFi ecosystem that includes curated layer 1 blockchains and self-custodial wallets. “Lif3 Wallet” is available on the App Store and Google Play and unlocks the potential of Web3 through consumer DeFi, iGaming and entertainment sectors.

LIF3

LIF3 (LIF3) is an ERC-20 token that provides a comprehensive suite of features to manage digital assets across multiple blockchains while supporting the LIF3 ecosystem and allowing users to enjoy the benefits of staking. To access $LIF3 on Bitfinex, customers can visit: https://trading.bitfinex.com/t/LIF3:UST – The API symbol for LIF3 is LIFIII on Bitfinex.

Twitter | Lif3 News and Updates | How to buy LIF3 with ETH or USDT on Ethereum

To view the official LIF3 logo and branding, please visit:

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

About BitGo

Founded in 2013, BitGo is a leading provider of secure digital asset wallet solutions, providing institutional-grade custody, staking, trading, and core wallet infrastructure. Notably, it pioneered multi-signature wallets and launched BitGo Trust Company in 2018, the first qualified custodian for digital assets. With a $250 million insurance policy, SOC 1 Type 2 and SOC 2 Type 2 certifications, and strict regulatory compliance, BitGo ensures a high level of security and confidentiality. BitGo has expanded its services, introducing institutional-grade DeFi, NFTs, web3 products, and Go Network. In 2023, it secured $100 million Series C funding, valuing the company at $1.75 billion. BitGo supports over 700 digital assets, processes 20% of on-chain Bitcoin transactions, and serves over 1,500 institutional clients in 50 countries.

disclaimer

Custody services are provided through BitGo Trust Company, a South Dakota chartered trust company. BitGo is not registered with the SEC and does not provide legal, tax, investment, or other advice. If you have questions about your specific situation, please contact your legal/tax/investment professional.

Introduction to Quantum Fintech Group

Quantum Fintech Group is a private investment group founded in 2020 focused on delivering superior returns in the alternative asset space, with a particular focus on blockchain investments.

Twitter: https://twitter.com/Quantumftg