Key facts
- VerifiedX and BitGo have entered into a Memorandum of Understanding (MOU).
- The agreement focuses on delivering qualified custody solutions for vBTC.
- This partnership is intended to increase institutional access to native Bitcoin utility.
- The collaboration will initially support non-synthetic canonical on the Base network.
VerifiedX and BitGo have signed a Memorandum of Understanding (MOU) to collaborate on providing qualified custody services for vBTC. This strategic partnership is designed to broaden institutional investors' access to the native utility of Bitcoin. The initial phase of this collaboration will include support for non-synthetic canonical on the Base network, a layer-2 scaling solution for Ethereum.