BitGo: WBTC will be held in multiple jurisdictions

Odaily News BitGo published a blog announcement that BitGo and BiT Global have joined hands to form a joint venture to expand WBTC's custody and cold storage services to multiple jurisdictions. BitGo will participate as a minority shareholder in the new joint venture. The change will be seamless and transparent to the WBTC community, and the transition period is expected to be 60 days. The new solution will apply BitGo's multi-signature and cold storage technology that has been used to protect Bitcoin since 2019 to ensure asset security.