Bitgo Enhances Custody Service with Lightning Network Integration
- Bitgo, a digital-asset infrastructure company, has integrated the Lightning Network into its qualified custody service.
- The integration is designed to offer institutions faster and cheaper payments.
- This service enhancement was announced from Bitgo’s qualified custody platform in New York, United States.
- The development was made possible through a partnership with Voltage, a leading provider of Lightning infrastructure.
Bitgo’s integration of the Lightning Network into its custody service represents a significant step towards enhancing institutional payment capabilities by reducing transaction times and costs. This move highlights the growing importance of scalable solutions like the Lightning Network in the cryptocurrency ecosystem.
By partnering with Voltage, Bitgo aims to provide its institutional clients with improved access to efficient payment mechanisms, reinforcing its position as an innovator in digital asset management. (Source)
