BitGo, a cryptocurrency custody firm, is offering a simplified token management service to foundations and organizations. The service aims to address the fragmented market by providing a one-stop, regulated, and insured custody platform for managing digital assets. BitGo's offering allows for seamless asset vesting, unlocking, and on-chain activities. The service is being used by protocols such as Worldcoin, LayerZero, SUI, and ZetaChain. BitGo's solution helps protocol builders manage their tokens more efficiently, as they often face challenges and complexities in token management due to the evolving nature of the Web3 world.
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