Chainwire – Road Town, British Virgin Islands, March 13th, 2024
Lif3 (LIF3/USD)(LIF3/USDt), the innovative decentralized finance Layer-1 ecosystem operating on Ethereum, Polygon, BNB Chain, and Fantom, is excited to announce its new strategic partnership with BitGo, a leading secure qualified institutional custodian in the industry. This collaboration represents a significant advancement in ensuring the security and accessibility of blockchain technologies for users globally. Lif3.com will utilize BitGo’s cutting-edge multi-signature technology for custodial transactions and the cold storage of Lif3 tokens, LSHARE tokens, and L3USD.
“We are delighted to assist Lif3 in expanding DeFi access with our top-notch secure custody solutions. This partnership will offer Lif3 users the confidence to participate actively in the DeFi ecosystem,” stated Mike Belshe, CEO of BitGo.
Harry Yeh, Managing Director of Quantum FinTech Group, expressed, “This strategic partnership not only enhances the security of digital assets for institutional clients but also instills a new level of confidence in the secure storage and transaction capabilities within the Lif3 ecosystem. By leveraging BitGo’s renowned multi-signature institutional custodial solutions, Lif3 aims to set a new standard for asset protection in the DeFi realm.”
This collaboration aligns with Lif3’s vision of providing a simplified, secure, and engaging user experience, enabling seamless access to consumer DeFi through the “Lif3 Wallet,” which is available for download on the App Store and Google Play.
The announcement from BitGo coincides with Lif3’s recent Ethereum Migration update and its partnership with Layer Zero, aimed at addressing challenges related to token bridging for a more secure and efficient blockchain experience.
Lif3.com and the “Lif3 Wallet” remain focal points for those interested in the future of decentralized finance and blockchain technology. The commitment to continuous enhancement and innovation positions Lif3 as a frontrunner in shaping the digital economy’s future landscape and breaking barriers to cryptocurrency adoption through the Lif3 Mobile App.
About Lif3.com
Lif3.com is a comprehensive omni-chain DeFi ecosystem featuring a Curated Layer-1 Blockchain and a self-custody wallet. The “Lif3 Wallet” is accessible on the App Store and Google Play, unlocking the potential of Web3 across consumer DeFi, iGaming, and the Entertainment Sectors.
LIF3
LIF3 (LIF3) serves as an ERC-20 token powering the LIF3 ecosystem, offering a range of features to manage digital assets across multiple blockchains while enabling users to benefit from staking. To access $LIF3 on Bitfinex, customers can visit: Bitfinex Trading Link – API symbol for LIF3 is LIFIII on Bitfinex.
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About BitGo
Established in 2013, BitGo is a prominent provider of secure digital asset wallet solutions, offering institutional-grade custody, staking, trading, and core wallet infrastructure. The company introduced the multi-signature wallet and launched BitGo Trust Company in 2018 as the first qualified custodian for digital assets. With robust security measures including a \(250 million insurance policy, SOC 1 Type 2 and SOC 2 Type 2 certifications, and strict regulatory compliance, BitGo ensures high standards of security and confidentiality. BitGo’s services now encompass institutional-grade DeFi, NFT, web3 offerings, and the Go Network. In 2023, the company secured \)100M Series C financing, valuing it at $1.75B. BitGo supports over 700 digital assets, processes 20% of on-chain Bitcoin transactions, and caters to more than 1,500 institutional clients across 50 countries.