Road Town, British Virgin Islands, March 13, 2024, Chainwire
Lif3 (LIF3/USD)(LIF3/USDt)the revolutionary multi-chain DeFi Layer-1 ecosystem which operates on Ethereum, Polygon, BNB Chain and Fantom, is pleased to announce its strategic partnership with BitGo, the industry’s leading secured, qualified institutional custodian. This collaboration marks a significant leap forward in securing and democratizing access to blockchain technologies for users around the world Lif3.com uses BitGo’s breakthrough multi-signature technology for custodial transactions, cold storage of Lif3 tokens, LSHARE tokens, and L3 USD.
“We are pleased to support Lif3’s goal of increasing access to DeFi with our industry-leading, secure custody solutions. This partnership will provide Lif3 users with peace of mind to confidently participate in the DeFi ecosystem,” says Mike BelsheCEO of BitGo.
“This strategic partnership not only enhances the security of digital assets for institutional clients, but also instills renewed confidence in the secure storage and transaction capabilities within the Lif3 ecosystem, setting a new gold standard for asset protection in DeFi -room. As an advocate for the LIF3 ecosystem, I am thrilled to leverage BitGo’s renowned multi-signature institutional custody solutions for the impeccable protection of its core assets. Joining forces with BitGo, recognized as the industry standard in security, will provide an innovative, unparalleled layer of security for Lif3 tokens, LSHARE tokens and L3USD – leveraging BitGo’s advanced cold storage technology. The relationship with BitGo spans over a decade, as I have been using their products since 2013, where their product offering has evolved from, for example, securing Bitcoin to creating Wrapped Bitcoin (WBTC). It was an easy decision to help choose BitGo to secure Lif3’s ecosystem,” says Harry Yesmanager of Quantum FinTech Group.
This partnership supports Lif3’s vision for a more simplified, secure and interactive user experience and facilitates seamless acquisition for consumer DeFi through the “Lif3 wallet‘ available for download on the App Store And Google Play.
This BitGo announcement coincides with Lif3’s recent Ethereum migration announcement and its strategic partnership with Low zeroan alliance designed to address the challenges associated with token bridging, for a more secure and efficient blockchain experience.
Lif3.com and the “Lif3 wallet” remain an interesting platform for those investing in the future of decentralized finance and blockchain technology. The commitment to continuous improvement and innovation positions Lif3 as a frontrunner in shaping the future landscape of the digital economy and its vision of breaking down barriers to cryptocurrency adoption through the Lif3 Mobile App, a one-stop solution for ramping up, investing and trading, earning, gaming and off-ramping.
About Lif3.com
Lif3.com is a complete, omni-chain DeFi ecosystem, which includes a Curated Layer-1 Blockchain and a self-managed wallet. “Lif3 Wallet” is available on the App Store and Google Play – unlocking the potential of Web3 through DeFi for consumers, iGaming and entertainment
LIF3
LIF3 (LIF3) is an ERC-20 token that powers the LIF3 ecosystem and provides a comprehensive set of features to manage digital assets across multiple blockchains while allowing users to benefit from staking. To access $LIF3 on Bitfinex, customers can visit: https://trading.bitfinex.com/t/LIF3:UST – API symbol for LIF3 is LIFIII on Bitfinex
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For official LIF3 logos and branding, users can visit:
https://docs.lif3.com/brand-assets
About BitGo
Founded in 2013, BitGo is a leading provider of secure wallet solutions for digital assets, offering institutional-grade custody, staking, trading and core wallet infrastructure. Notably, it pioneered the multi-signature wallet and in 2018 launched BitGo Trust Company, the first qualified custodian for digital assets. Immediately $250 million insurance policy, SOC 1 Type 2 and SOC 2 Type 2 certifications and strict regulatory compliance, BitGo guarantees high standards of security and confidentiality. Expanding its services, BitGo introduced DeFi, NFT, web3 offerings, and the institutional-grade Go Network. In 2023, it secured $100 million Series C financing, valuing the company at $1.75 billion. BitGo supports more than 700 digital assets, processes 20% of on-chain Bitcoin transactions, and serves more than 1,500 institutional clients in 50 countries.
Disclaimer
Custody services are offered through BitGo Trust Company, a South Dakota chartered trust company. BitGo is not registered with the SEC and does not provide legal, tax, investment or other advice. Please consult your legal/tax/investment professional with any questions regarding your specific circumstances.
About Quantum Fintech Group
Quantum Fintech Group is a private investment group founded in 2020 and focuses on providing superior returns in the alternative asset space, with a specific focus on blockchain investments.
Twitter: https://twitter.com/quantumftg
Contact
Media relations
Chantel Elloway
Lif3 Labs Limited
media@lif3.com