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Secure crypto storage platform BitGo expands ERC20 token coverage

BitGo hires new VP of Sales to lead new digital asset custodianship

In April, digital asset security platform BitGo announced the release of 13 supported ERC20 tokens. Today, the company added support for several dozen more bringing the total to 57.

The team said that its ERC20 token support list is expected to grow to over 100 by the end of 2018.

ERC20 tokens are only available to enterprise clients with a BitGo contract.

“Institutional clients want to hold a basket of digital assets to provide better absolute and risk adjusted returns. Investing in Bitcoin, Ethereum, and Ripple is not enough diversification in a volatile market and clients depend on us to provide the security for these assets.”

Robin Verderosa, Product Marketing at BitGo
Source:BitGo

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