On October 14, BitGo announced on its blog that it was collaborating with the TRON Foundation “to developwallet and solution for storing TRX by institutional investors, providing multi-layered network security and Multi-sig functionality.”
BiGo, one of the oldest and most respectedleaders in crypto storage, explains that Multi-sig – is a digital signature method that allows two or more users to securely sign documents on behalf of a group. In the case of digital assets, funds are only available upon presentation of two or more keys, which are held by individuals.
Yesterday, TRON Foundation also publishedmessage, which states that "any exchanges, prime brokers and futures platforms that wish to store TRX can do so in a secure manner" using BitGo.
Justin Sun, co-founder of the TRON Foundation, said:
We are glad that BitGo supports us, and we are extremely pleased to become a partner of this company.
Benedict Chan, Technical Director of BitGo, said:
Switching TRON to multi-sig will be extremely attractive for customers who require the highest level of security.
Based on materialswww.cryptoglobe.com
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