BitGo Adds Zcash

BitGo, a market leader in institutional-grade cryptocurrency security, today announced support for Zcash. BitGo provides the highest level of security, compliance and custodial services. It is the world’s largest processor of on-chain bitcoin transactions — processing 15% of all global bitcoin transactions and $15 billion per month across all cryptocurrencies. The company has a customer base that spans more than 50 countries and includes the world’s largest cryptocurrency exchanges.

“We are working hard to offer our institutional clients the most complete portfolio of digital currencies,” said Ben Chan, CTO, BitGo. “Zcash is a compelling digital currency that many hedge funds, exchanges and customers have been asking for because of its emphasis on privacy. We are glad to deliver a secure multi-signature implementation to store Zcash today.”

BitGo represents a growing number of industry leaders that have recently announced support for Zcash. Already this year, Circle and Gemini announced support for Zcash after receiving approval from the NYDFS. Coinbase recently announced it is exploring adding Zcash for its 20+ million customers. We at the Zcash Company are excited that leaders like BitGo are adopting Zcash and that people are awakening to the benefits of financial privacy. We believe the upcoming Zcash Sapling upgrade will fuel greater adoption of Zcash’s privacy features.

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