BitGo Launches Global OTC Trading Platform to Expand Crypto Asset Market
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According to Bloomberg, cryptocurrency custodian BitGo Inc. has announced the launch of a global OTC (over-the-counter) trading platform, offering spot and options trading as well as lending services, aiming to meet the needs of institutional investors and prepare for their potential listing. BitGo plans to leverage its custody network to allow investors to trade assets directly without the need for third-party custody. In addition to the United States, BitGo's OTC platform also provides services in multiple jurisdictions such as Hong Kong and the Middle East.
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