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Lif3 partners with BitGo to Increase Blockchain Security for Institutional DeFi Sources

Lif3 partners with BitGo to Increase Blockchain Security for Institutional DeFi Sources

Avenue City, British Virgin Islands, March thirteenth, 2024, Chainwire

Lif3 (LIF3/USD)(LIF3/USDt), the innovative multi-chain DeFi Layer-1 ecosystem that operates on Ethereum, Polygon, BNB Chain, and Fantom, is overjoyed to protest its strategic partnership with BitGo, the alternate’s main valid qualified institutional custodian. This collaboration marks a first-rate step forward in securing and democratizing obtain entry to to blockchain applied sciences for customers worldwide as Lif3.com leverages BitGo’s pioneering, multi-signature skills for custodial transactions, frosty storage of Lif3 tokens, LSHARE tokens, and L3USD.

“We are overjoyed to toughen Lif3’s neutral of rising obtain entry to to DeFi with our alternate-main, valid custody solutions. This partnership will present Lif3 customers peace of thoughts to confidently have interaction within the DeFi ecosystem,” says Mike Belshe, CEO of BitGo.

“This strategic collaboration no longer handiest enhances the protection of digital property for institutional customers, but additionally instills a newfound self assurance within the valid storage and transaction capabilities within the Lif3 ecosystem, environment a original gold same outdated for asset security within the DeFi space. As an advocate for the LIF3 ecosystem, I’m most enraged to harness BitGo’s neatly-known multi-signature institutional custodial solutions for the impeccable safeguarding of its core property. Joining forces with BitGo, identified as the alternate same outdated in security, will back present an innovative, unparalleled layer of security for Lif3 tokens, LSHARE tokens, and L3USD – the utilize of BitGo’s cutting-edge frosty storage skills. The relationship with BitGo spans over a decade as I even own been the utilize of their products since 2013, the save their product choices own developed from securing Bitcoin to constructing Wrapped Bitcoin (WBTC), to illustrate. It became once an effortless dedication to back desire BitGo to valid Lif3’s ecosystem,” says Harry Yeh, Managing Director of Quantum FinTech Personnel.

This partnership helps Lif3’s imaginative and prescient for a more simplified, safer and interactive user ride and facilitates seamless acquisition for individual DeFi during the “Lif3 Wallet” available within the market for download on the App Store and Google Play.

This BitGo announcement coincides with Lif3’s most up-to-date Ethereum Migration announcement and its strategic partnership with Layer Zero, an alliance designed to handle the challenges connected to token bridging, for a more valid and efficient blockchain ride.

Lif3.com and the “Lif3 Wallet” proceed to be a platform of hobby for these invested within the fashion forward for decentralized finance and blockchain skills. The dedication to continuous enchancment and innovation positions Lif3 as a frontrunner in shaping the long run panorama of the digital economic system and its imaginative and prescient towards breaking down limitations to cryptocurrency adoption during the Lif3 Cell App, a one-finish resolution for on-ramping, investing, buying and selling, incomes, gaming, and off-ramping.

About Lif3.com

Lif3.com is a total, omni-chain DeFi ecosystem, that involves a Curated Layer-1 Blockchain, and a self-custody wallet. “Lif3 Wallet” is supplied on the App Store and Google Play – unlocking the aptitude of Web3 through individual DeFi, iGaming and the Leisure Sectors

LIF3

LIF3 (LIF3) is an ERC-20 token that powers the LIF3 ecosystem and presents a comprehensive suite of capabilities to alter digital property all the plan in which through a pair of blockchains whereas allowing customers to acquire pleasure from staking. To fabricate obtain entry to to $LIF3 on Bitfinex, prospects can seek recommendation from: https://buying and selling.bitfinex.com/t/LIF3:UST – API symbol for LIF3 is LIFIII on Bitfinex 

For first rate LIF3 emblems and branding please customers can seek recommendation from:

https://docs.lif3.com/impress-property

About BitGo

BitGo, founded in 2013, is a number one provider of valid digital asset wallet solutions, offering institutional-grade custody, staking, buying and selling, and core wallet infrastructure. Notably, it pioneered the multi-signature wallet and launched BitGo Believe Company in 2018, the first qualified custodian for digital property. With a $250 million insurance protection, SOC 1 Form 2 and SOC 2 Form 2 certifications, and rigorous regulatory compliance, BitGo ensures high standards of security and confidentiality. Rising its companies and products, BitGo launched institutional-grade DeFi, NFT, web3 choices, and the Scurry Community. In 2023, it secured $100M Sequence C financing, valuing the corporate at $1.75B. BitGo helps 700+ digital property, processes 20% of on-chain Bitcoin transactions, and serves over 1,500 institutional customers all the plan in which through 50 countries.

Disclaimer

Custody companies and products are supplied through BitGo Believe Company, a South Dakota chartered trust company. BitGo is no longer registered with the SEC, and doesn’t offer felony, tax, funding, or other recommendation. Please consult your felony/tax/funding skilled for questions about your explicit instances.

About Quantum Fintech Personnel

Quantum Fintech Personnel is a non-public funding group founded in 2020, and is enraged by offering superior returns within the different asset space focusing particularly on blockchain investments.

Twitter: https://twitter.com/quantumftg

Contact

Media Members of the family
Chantel Elloway
Lif3 Labs Restricted
[email protected]


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