要約

BitGo has launched an NFT hot wallet and custody solution for developers, retail marketplaces andinstitutions, the digital asset security and liquidity provider announcedWednesday. BitGo is launching the solution in partnership with ParallelFinance, a decentralized lending and staking protocol. This is the first US-qualified custody solution that can be paired with hotwallets, ChenFang, chief product officer ofBitGo,said. BitGo currently services 700 institutionalclients, Fang said. “These people using MetaMask are using pretty insecure solutions to store hundreds of thousands of dollars, if not millions of dollars, of NFTs,” Fangsaid. “[They] will now have this amazing place to keep treasured possessions.” Casey Wagner is a New York-based business journalist coveringregulation,legislation, digital asset investmentfirms, marketstructure, central banks andgovernments, andCBDCs. Prior to joiningBlockworks, she reported on markets at BloombergNews. She graduated from the University of Virginia with a degree in MediaStudies. Contact Casey via email at casey@blockworks.co.

本文翻訳

BitGo and Parallel finance launch NFT solutions aimed at institutions, developers This is the first US-qualified custody solution that can be paired with hot wallets, BitGo said BitGo has launched an NFT hot wallet and custody solution for developers, retail marketplaces and institutions, the digital asset security and liquidity provider announced Wednesday. BitGo is launching the solution in partnership with Parallel Finance, a decentralized lending and staking protocol. This is the first US-qualified custody solution that can be paired with hot wallets, Chen Fang, chief product officer of BitGo, said. BitGo currently services 700 institutional clients, Fang said. Clients can interact with decentralized marketplaces like OpenSea and LooksRare through BitGo’s new wallet service, similar to how MetaMask users can integrate their wallets, but Fang said BitGo’s solution is the safer choice. “These people using MetaMask are using pretty insecure solutions to store hundreds of thousands of dollars, if not millions of dollars, of NFTs,” Fang said. “[They] will now have this amazing place to keep treasured possessions.” The hot wallet allows retail and institutional investors to receive, hold and send NFTs. It uses multi-signature security and 24/7 withdrawal access and support, similar to BitGo’s other cryptocurrency custody services, Fang said. The expansion of services is reflective of market demand for more sophisticated services, Fang said. Investors are starting to take more ownership over how their assets are stored and secured, he added. “When there is an institutional investor that’s throwing in twenty or thirty million dollars, or even $100 million worth of value and converting it into bitcoin, obviously you don’t really want to keep it on single-signature wallets,” Fang said. “You don’t want to keep these assets on a non-air gapped internet connected device, so this is where BitGo came into existence and with our technology have welcomed institutional investment in this asset class.” Although cryptocurrency markets have experienced a downturn in recent weeks, Fang is confident that the NFT momentum will continue in the long run. “Given where the prices are, despite overall market conditions, the prices for some of these top tier NFTs are still pretty high,” Fang said. “We’re talking about a couple hundreds of thousands of dollars, if not a couple millions of dollars of assets that you want to protect. You don’t want to keep a couple of million dollars worth of assets on your Chrome browser.” Get the day’s top crypto news and insights delivered to your inbox every evening. Subscribe to Blockworks’ free newsletter now. Casey Wagner Casey Wagner is a New York-based business journalist covering regulation, legislation, digital asset investment firms, market structure, central banks and governments, and CBDCs. Prior to joining Blockworks, she reported on markets at Bloomberg News. She graduated from the University of Virginia with a degree in Media Studies. Contact Casey via email at casey@blockworks.co.

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出典：https://blockworks.co/bitgo-launches-first-nft-custody-platform-for-us-institutions/