PANews reported on May 23 that according to PaymentsJournal, Bitgo, a crypto custody company, has launched a Crypto-as-a-Service (CaaS) platform, providing a one-stop integrated solution for cryptocurrency asset trading for financial institutions. The platform offers wallet infrastructure, API interfaces, compliance tools, and insurance support, helping banks and fintech companies quickly deploy crypto services. Analysts point out that this modular service can significantly reduce development costs and compliance barriers for institutions, accelerating the integration of crypto and traditional finance. Bitgo was early invested in by Goldman Sachs.
