WBTC Becomes a Multi-Signature, Multi-Jurisdictional Bitcoin Custodian

BiT Global Trust is a licensed digital asset custodian based in Hong Kong, specializing in providing secure custody solutions for institutional clients. It is part of a broader initiative involving partnerships with notable entities in the cryptocurrency space, particularly BitGo, a leading provider of digital asset security and custody services.

BiT Global Trust has entered into a significant partnership with BitGo to manage Wrapped Bitcoin (WBTC) products. This collaboration allows BiT Global to control two of the three private keys required for managing WBTC.