ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

BitGo to Assist the FTX Debtors in Distributing Recoveries

BitGo, the leading digital asset custody and security platform trusted by institutions since 2013, today announced it has entered into an agreement with FTX Trading Ltd. (“FTX”) and its affiliated debtors (the “FTX Debtors”) to assist in distributing recoveries to both retail and institutional customers in supported jurisdictions in accordance with the U.S. bankruptcy court-approved FTX Chapter 11 Plan of Reorganization.

FTX retail users will have the opportunity to reclaim their funds securely with BitGo – and take advantage of BitGo’s comprehensive suite of crypto services designed to help them trade, lend, and securely store their assets.

As one of the industry’s most trusted names in digital asset custody, BitGo has safeguarded billions in crypto assets for institutions, prioritizing safety and transparency above all. FTX customers who onboard with BitGo can experience the same institutional-grade security combined with the convenience and versatility of BitGo’s broader offerings.

“BitGo is proud to support FTX,” said Mike Belshe, CEO of BitGo. “With our long-standing reputation as the most secure choice in the industry, we work hard to bring institutional-grade service to both retail and institutional clients, ensuring users the peace of mind they need to manage and grow their assets safely.”

For additional details regarding eligibility to receive distributions, FTX customers should log in to the FTX Debtors’ Customer Portal (https://claims.ftx.com).

BitGo empowers users to reclaim their assets with confidence while showcasing its expansive crypto solutions. FTX retail customers who select BitGo for their distributions will benefit from secure custody, alongside a range of features that extend beyond fund recovery – including wallet services, trading, and staking options.

About BitGo

Founded in 2013, BitGo is a leading digital asset custody, trading, and financial services company. Serving as the trusted partner for many of the world's top institutions, BitGo is dedicated to delivering secure, scalable, and reliable solutions to meet the evolving needs of the digital asset market. With industry-leading security protocols and compliance measures, BitGo empowers users to navigate their crypto journey with confidence.

For more information on BitGo’s FTX fund recovery services and to explore its range of crypto solutions, please visit bitgo.com/ftx.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.