Institutional crypto custody firm BitGo has agreed to support the Near Foundation's platform, assets and native token, NEAR.
“By nature of our business, it's really important for us to capture and support all the leading blockchains in the entire industry,” Nuri Chang, BitGo's vice president of product, said.
Chang told CoinDesk that BitGo is “eager to support the Near ecosystem,” noting that Near's sharding technology makes it enticing for developers.
As part of the deal, BitGo will serve as the custodian for Near’s treasury, holding the assets in the company’s hot and custodial wallets. BitGo didn't disclose the amount of near it will hold.
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