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Lif3 companions with BitGo to extend blockchain safety for institutional DeFi property

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Highway City, British Virgin Islands, March 13, 2024, Chainwire

Lif3 (LIF3/USD) (LIF3/USDt), a revolutionary DeFi Layer-1 multi-chain ecosystem that runs on Ethereum, Polygon, BNB Chain and Fantom, is happy to announce its strategic partnership with BitGo, the {industry}’s main safe certified institutional custodian. This collaboration marks a big leap ahead in securing and democratizing entry to blockchain applied sciences for customers worldwide, as Lif3.com leverages BitGo’s pioneering multi-signature expertise for escrow transactions, Lif3 token chilly storage, LSHARE tokens and L3USD.

“We’re happy to assist Lif3’s aim to extend entry to DeFi with our industry-leading safe escrow options. This partnership will give Lif3 customers the peace of thoughts to confidently interact within the DeFi ecosystem,” he says Mike BelsheCEO of BitGo.

“This strategic collaboration not solely enhances the safety of digital property for institutional purchasers, but in addition evokes newfound confidence within the safe storage and transaction capabilities inside the Lif3 ecosystem, setting a brand new gold commonplace for asset safety within the DeFi house. As a supporter of the LIF3 ecosystem, I’m very excited to leverage BitGo’s famend multi-signature institutional escrow options to completely safe its core property. Becoming a member of forces with BitGo, the acknowledged {industry} commonplace in safety, will assist present an modern, unmatched layer of safety for Lif3 tokens, LSHARE tokens and L3USD – leveraging BitGo’s cutting-edge chilly storage expertise. I’ve had a relationship with BitGo for over a decade as I’ve been utilizing their merchandise since 2013 when their product providing developed from securing Bitcoin to creating issues like Wrapped Bitcoin (WBTC). It was a straightforward determination to assist select BitGo to safe the Lif3 ecosystem,” he says Harry YehCEO of the corporate Quantum FinTech Group.

This partnership helps Lif3’s imaginative and prescient for an easier, safer and extra interactive person expertise and facilitates seamless acquisition for DeFi shoppers by means of the “Lif3 Pockets” accessible for obtain on the App Retailer and Google Play.

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This announcement by BitGo coincides with Lif3’s current announcement of Ethereum migration and its strategic partnership with Layer Zero, an alliance designed to deal with the challenges of token bridging to make sure a safer and environment friendly blockchain.

Lif3.com and “Lif3 Pockets” proceed to be a platform of curiosity for these investing in the way forward for decentralized finance and blockchain expertise. A dedication to steady enchancment and innovation positions Lif3 as a pioneer in shaping the longer term panorama of the digital financial system and its imaginative and prescient to interrupt down obstacles to cryptocurrency adoption by means of the Lif3 cellular app, a one-stop resolution for incremental elevating, investing and buying and selling. , incomes, enjoying video games and begins.

About Lif3.com

Lif3.com is an entire, omni-chain DeFi ecosystem that features a Curated Layer-1 Blockchain and its personal pockets. “Lif3 Pockets” is accessible on the App Retailer and Google Play – unlocking the potential of Web3 by means of the buyer DeFi, iGaming and Leisure Sectors.

LIF3

LIF3 (LIF3) is an ERC-20 token that powers the LIF3 ecosystem and gives a complete set of options to handle digital property throughout a number of blockchains whereas permitting customers to profit from staking. To entry $LIF3 on Bitfinex, prospects can go to: https://buying and selling.bitfinex.com/t/LIF3:UST – API image for LIF3 is LIFIII on Bitfinex

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For official LIF3 logos and types, customers can go to:

https://docs.lif3.com/brand-assets

About BitGo

Based in 2013, BitGo is a number one supplier of safe digital asset pockets options, providing institutional-grade escrow, staking, buying and selling and core pockets infrastructure. Particularly, it pioneered the multi-signature pockets and in 2018 launched the BitGo Belief Firm, the primary certified digital asset custodian. With $250 million in insurance coverage, SOC 1 Sort 2 and SOC 2 Sort 2 certifications, and strict regulatory compliance, BitGo ensures excessive requirements of safety and confidentiality. BitGo expanded its providers and launched DeFi, NFT, web3 and the Go Community at an institutional stage. It secured $100 million in Sequence C funding in 2023, valuing the corporate at $1.75 billion. BitGo helps greater than 700 digital property, processes 20% of Bitcoin transactions on the chain, and serves greater than 1,500 institutional purchasers in 50 nations.

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Disclaimer

Escrow providers are supplied by means of BitGo Belief Firm, an organization included in South Dakota. BitGo is just not registered with the SEC and doesn’t supply authorized, tax, funding or different recommendation. Please seek the advice of your authorized/tax/funding skilled with questions concerning your specific circumstances.

About Quantum Fintech Group

Based in 2020, Quantum Fintech Group is a personal fairness group targeted on delivering superior returns within the different asset house with a selected concentrate on blockchain investments.

Twitter: https://twitter.com/quantumftg

Contact

Media Relations
Chantel Alloway
Lif3 Labs Restricted
(e mail protected)

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