TRON and BitGo Strategic Alliance Takes DeFi to New Heights
Place/Date: SAN FRANCISCO, CA - September 24th, 2020 at 8:23 pm UTC · 3 min read Contact: Ryan E. Dennis, Source: TRON, one of the largest and most popular blockchain-based operating systems in the world, has entered a strategic alliance with BitGo, the leader in digital asset financial services, to bring Wrapped Bitcoin (WBTC) and a newly minted Wrapped Ether to the TRON ecosystem as TRC20 tokens. Justin Sun, founder of TRON and CEO of BitTorrent, said: “We are excited to expand TRON’s DeFi potential by partnering with the industry leader BitGo to bring integral cross-chain solutions such as Wrapped Bitcoin (WBTC) and Wrapped Ether to TRON.
With BitGo providing custody of the tokens, BTC and ETH holders on Ethereum DeFi now have open doors to the benefits of DeFi on TRON, such as negligible gas fees and higher transaction speeds. About BitGo BitGo is the leader in digital asset financial services, providing institutional investors with liquidity, custody, and security solutions.
