• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    Bitcoin ETFs Attract $2.3B in Inflows Indicating High Demand

    Bitcoin ETFs Attract $2.3B in Inflows Indicating High Demand

    Tim Draper Urges Bitcoin Adoption, Predicts $250K by 2025

    Tim Draper Urges Bitcoin Adoption, Predicts $250K by 2025

    Tim Draper Reiterates Bitcoin Price Forecast for 2025

    Tim Draper Reiterates Bitcoin Price Forecast for 2025

    Tim Draper Advocates Bitcoin for Business Resilience

    Tim Draper Advocates Bitcoin for Business Resilience

    Tim Draper Reasserts Bitcoin $250k Target Amid Business Warnings

    Tim Draper Reasserts Bitcoin $250k Target Amid Business Warnings

    Brazil Considers National Bitcoin Reserve Proposal

    Brazil Considers National Bitcoin Reserve Proposal

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    Dogecoin Millionaire Shifts Funds to New Tokens

    Dogecoin Millionaire Shifts Funds to New Tokens

    BitMine Expands Ethereum Holdings

    BitMine Expands Ethereum Holdings to Over 2 Million ETH

    Multicoin Capital Leads $1.65 Billion Solana Treasury Investment

    Multicoin Capital Leads $1.65 Billion Solana Treasury Investment

    Binance to Halt MANTRA (OM) Network Transactions

    Binance to Halt MANTRA (OM) Network Transactions

    Avalanche Foundation Secures $1 Billion to Boost AVAX

    Avalanche Foundation Secures $1 Billion to Boost AVAX

    Pi Network Completes Testnet 1 Upgrade to Protocol Version 23

    Pi Network Completes Testnet 1 Upgrade to Protocol Version 23

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

BitGo has Added Support for Digix’s Gold-backed Digital Token, DGX

Joshua T. by Joshua T.
October 30, 2018
in Latest News
BitGo

Source: bitcoinexchangeguide.com

BitGo, the world’s largest processor of on-chain Bitcoin transactions, has added support for Digix’s gold-backed digital token, DGX.

DGX Added to BitGo

With an increase in demand for cryptocurrency to be pegged to the value of gold, BitGo recently announced that it has added support for DGX along with an Enterprise Access.

The DGX is a token that is backed by 99.99 percent gold cast bars from London Bullion Market Association-approved refiners. One token equals one gram of gold. Singapore-based Digix sells DGX, which are redeemable for gold in well-established vaults in the country.

BitGo — a high-security multi-sig wallet, processes 15 percent of the world’s Bitcoin transactions. This is estimated to be about $15 billion worth of cryptocurrency processed on a monthly basis. The exchange is also said to hold above $2 billion in assets. Currently, the exchange supports more than 80 crypto tokens and coins. This includes the most popular ones, such as Bitcoin, Bitcoin Cash, Ethereum, Zcash and Litecoin.

CEO of Digix, Kai C Chng has released statements regarding this new addition.
He stated that:

“Having this integration places DGX on an industry recognised platform and would be a springboard for DGX to be listed on other major exchanges as we head into Q4 2018.”

BitGo Looking to Attract More Wealthy Clients

BitGo has been on the good side of institutional investment house of late. Recently, the company secured funding of about $60 million from major investment firms like Goldman Sachs, Bitcoin bull Mike Novogratz, Valor Equity Partners, Craft Ventures, DRW, and Redpoint Ventures. The purpose of this funding is to support the development of its $1 trillion crypto wallet.

The CEO of BitGo, Mike Belshe, has made the intention of the company known. He made it clear through a recent statement that the goal of the company right now is to attract more institutions and wealthy customers who are seeking new ways to securely hold their assets.

Tags: BitGODGXDigixgoldtoken
Previous Post

What is Tether? Introduction to USDT

Next Post

Cory Johnson: Ripple XRP will Continue to Exist without Ripple

Joshua T.

Joshua T.

Related Posts

PayPal Integrates Crypto in P2P Payments

PayPal Integrates Bitcoin, Ethereum, PYUSD for P2P Payments

by Solomon M.
September 15, 2025

PayPal announces integration of Bitcoin, Ethereum, and PYUSD in its P2P system.

Thailand Freezes Millions of Bank Accounts in Scam Crackdown

Thailand Freezes Millions of Bank Accounts in Scam Crackdown

by Solomon M.
September 15, 2025

Thailand freezes 3 million accounts to fight scams, affecting financial and crypto sectors.

Bitmine Acquires 276.8K ETH Amid Market Dynamics

Bitmine Acquires 276.8K ETH Amid Market Dynamics

by Joshua T.
September 15, 2025

Bitmine Immersion Technologies buys 276.8K ETH, driving notable market impact.

Crypto Market Liquidations and Their Impact

Crypto Market Faces $309M Liquidation Impact

by Solomon M.
September 15, 2025

$309M crypto liquidated, $217M from longs, affecting key assets like BTC, ETH.

Market Liquidations Highlight Crypto Volatility

Crypto Market Hit: $309M Liquidations Recorded

by Solomon M.
September 15, 2025

$309M crypto liquidations in 24 hours, impacting BTC, ETH. Key exchanges involved.

Mastercard's Collaboration Enhances Crypto Payments via Stablecoins

Mastercard’s Collaboration Enhances Crypto Payments via Stablecoins

by Solomon M.
September 15, 2025

Mastercard partners with Web3 firms, expanding crypto payments with stablecoins for global transactions.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.