YZi Labs co-invests in BitGo's NYSE IPO, this custody giant manages assets exceeding $82 billion

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【Blockchain Rhythm】A major event worth paying attention to—YZi Labs announces participation in BitGo’s IPO on the New York Stock Exchange, although the specific amount has not been disclosed.

You might not be very familiar with BitGo; it is a regulated institutional-grade digital asset infrastructure platform in the United States. In simple terms, it helps institutional clients securely custody digital assets and also offers services such as staking and stablecoin issuance. Its scale is quite significant—managing assets worth $82 billion and serving over 5,100 institutional clients.

Ella Zhang, the head of YZi Labs, mentioned a detail: BitGo has not been hacked in the past ten years, which shows their technical defenses are indeed solid. After this investment, YZi Labs plans to provide strategic resources to help BitGo accelerate growth in the global market.

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AirdropLickervip
· 2h ago
Never been hacked in ten years? This defense is indeed solid. BitGo's IPO is definitely stable.
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PaperHandSistervip
· 10h ago
Haven't been hacked in ten years, what level of security is that, really... This wave of BitGo's IPO feels stable, but YZi didn't reveal specific numbers, which is a bit of a cover-up. Managing $82 billion, institutional-level work is truly different; retail investors can only watch the excitement. Custody is indeed the future; now institutional entry is a necessity.
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ProtocolRebelvip
· 15h ago
Haven't been hacked in ten years? This tech stack is indeed impressive, and custody is becoming increasingly competitive. BitGo's recent fundraising round feels like the start of an institutional custody battle—whoever has the strongest security will be able to reap these benefits. YZi's strategic investment was quite clever—leaning on US regulation to expand overseas. But I wonder if they'll get caught up in some policy whirlpool later on. It's really starting to become "professionalized"—this circle is changing its flavor.
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ImpermanentLossFanvip
· 15h ago
Not being hacked for ten years is indeed impressive, but will the custodial giants become bigger targets after going public?
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fren.ethvip
· 15h ago
$82 billion in custody assets, ten years without a hack... this security level is truly exceptional. With BitGo going public, it seems that institutional-grade infrastructure is really about to take off.
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GigaBrainAnonvip
· 15h ago
Has BitGo not been hacked in these ten years? Wow, its security is really top-notch. No wonder institutions are confident enough to pour their money in.
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LightningPacketLossvip
· 15h ago
$82 billion in custody? This technical defense line is indeed impressive; ten years without being hacked is truly top-notch.
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SatoshiLeftOnReadvip
· 15h ago
Haven't been hacked in ten years? This is true security, much more reliable than projects that issue announcements every day.
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