Tron has been one of the leading cryptocurrency to witness mass adoption given its growing ecosystem and partnerships. Adding to the tokens’ glory, Tron Foundation CEO Justin Sun tweeted about Tron’s latest adoption drive,
“We are excited to be supported by BitGo, which will enable TRON to further delve into various DeFi applications and we welcome them as a partner.“
Sun also mentioned that BitGo’s support of TRON marks a milestone in enabling further institutional adoption for Tron. As per the official announcement, BitGo will support the Tronix TRX asset in its hot wallet and custody solutions in early November.” It also added that any exchange partners, prime brokers, and futures platforms that may want to custody TRX “have a viable option to do so in a safe and compliant way through BitGo.”
Highlighting some of Tron’s best use cases, BitGo CTO, Benedict Chan also added,
“TRON’s move towards on-chain, multi-sig opens the door for financial services clients who demand the highest levels of security.”
BitGo welcomes any inbound interest from financial services providers that may have interest in custodying TRX.