BitGo to Add BCAP Token Support

Each token is a Blockchain Capital III Digital Liquid Venture Fund share and provides holders with access to the assets of a fund
20 March 2019   164

BitGo custodial solutions provider added support for BCAP security tokens from Blockchain Capital, a venture capital firm. Now, service customers can store tokens and use a special multi-signature wallet for the ERC-20 standard in accordance with US law. It is reported by CoinDesk.

Security tokens are an increasingly important asset class for institutional investors.
 

Ben Chan

Chief technology officer, BitGo

Company released BCAP in April 2017. Each token is a Blockchain Capital III Digital Liquid Venture Fund share and provides holders with access to the assets of a fund that invests in cryptocurrency startups at an early stage of development.

BCAP is traded on secondary sites, which allows investors to also benefit from liquidity.

Bitcoin Based Stablecoin to be Launched

As stated, WBTC Token is designed to provide greater liquidity in the Ethereum ecosystem
31 January 2019   581

A new ERC-20 standard token called Wrapped Bitcoin (WBTC) has been launched on the Ethereum blockchain. This is a stablecoin, which is claimed to be fully endowed with bitcoin.

The launch of the project was attended by such companies as Kyber Network, Republic Protocol and BitGo. In total, WBTC has 26 partners and 15 decentralized autonomous organizations (DAO).

The WBTC Token is designed to provide greater liquidity in the Ethereum ecosystem, including decentralized exchanges and financial applications. It is expected that it will have many different applications - payments, flexible smart contacts.

WBTC uses atomic swap technology to conduct cryptocurrency transactions.  Full lists of certified merchants and decentralized financial applications that supported the project include: Dolomite, Dharma, Idex, Radar Relay, Blockfolio, SwitcheoNetwork, BZX, Ethfinex, dY / dX, imToken, CoinGecko, AirSwap, Compound, DDEX, Hydro, Gnosis, Pose, CoinGecko, AirSwap, Compound, DDEX, Hydro, Gnosis, Pose, CoinGecko, AirSwap, Compound, DDEX, Hydro, Gnosis, Pose, CoinGecko, AirSwap, Compound, DDEX, Hydro, Gnosis, PineGecko , Loopring Protocol, MakerDAO, OmiseGO, Prycto, Ren, Set Protocol, The Ocean, Kyber Network and BitGo.