BitGo partners with Swan to establish Bitcoin trust company

Odaily News Cryptocurrency custodian BitGo and Bitcoin financial services company Swan plan to establish a BTC-only trust company as a means of providing custody services without exposure to other digital asset markets. The joint venture, subject to regulatory approval, will combine BitGo’s custody capabilities with Swan’s expertise in onboarding and fraud prevention. It is reported that this will be the first Bitcoin-only trust company in the United States. (CoinDesk)