• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    Bitcoin Whale Closes $500M Short Positions on Hyperliquid

    Bitcoin Whale Closes $500M Short Positions on Hyperliquid

    US DOJ to Seize 127,271 Bitcoin from Scam Network

    US DOJ to Seize 127,271 Bitcoin from Scam Network

    Bitcoin ETF Trading Volume Exceeds $1 Billion Rapidly

    Bitcoin ETF Trading Volume Exceeds $1 Billion Rapidly

    Farage Proposes Bitcoin Reserve and Tax Cuts in UK

    Farage Proposes Bitcoin Reserve and Tax Cuts in UK

    Elon Musk Endorses Bitcoin Amidst Market Volatility

    Elon Musk Endorses Bitcoin Amidst Market Volatility

    Jerome Powell's Speech May Influence Cryptocurrency Movements

    Jerome Powell’s Speech May Influence Cryptocurrency Movements

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    Aptos and NBCUniversal Launch Blockchain-Based Rewards Platform

    Aptos Collaborates with NBCUniversal for New Web3 Platform

    Sui Targets $9.5 with SEC-Approved Yield Token Launch

    Sui Targets $9.5 with SEC-Approved Yield Token Launch

    Webus Integrates XRP for Tokenized Travel Rewards

    Webus Integrates XRP in New Reward Platform Initiative

    VanEck Updates Solana Staking ETF Prospectus

    VanEck Updates Solana Staking ETF Prospectus

    VanEck Updates Prospectus for Solana Staking ETF with 0.30% Fee

    VanEck Updates Prospectus for Solana Staking ETF with 0.30% Fee

    VanEck Files Updated Prospectus for Solana Staking ETF

    VanEck Files Updated Prospectus for Solana Staking ETF

    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

Fed Chair Shortlist Narrows to Five Candidates

Fed Chair Shortlist Narrows to Five Candidates

by Solomon M.
October 15, 2025

Scott Bessent confirms the Fed Chair shortlist to five finalists, with a decision after Thanksgiving. Kevin Hassett leads as the...

Real-World Asset Tokenization: Bridging Traditional and Decentralized Finance

Real-World Asset Tokenization Reshapes Finance with Major Institutions

by Solomon M.
October 15, 2025

Real-world asset tokenization bridges traditional finance and DeFi, driven by institutional players and regulatory clarity.

Exploring Tokenized Finance with BlackRock and Fidelity

Real-World Assets Reshape Finance Via Tokenization

by Solomon M.
October 15, 2025

BlackRock and Fidelity advance tokenization, aiming for a $10T RWA market by 2030.

Ripple Collaborates with Absa Bank for Digital Asset Custody in Africa

Ripple Partners with Absa Bank for Asset Custody in Africa

by Solomon M.
October 15, 2025

Ripple partners with Absa Bank for institutional-grade digital asset custody across Africa, expanding global reach.

Ripple Partners with Absa for Crypto Custody Expansion

Ripple Partners with Absa for Crypto Custody Expansion

by Joshua T.
October 15, 2025

Ripple collaborates with Absa Bank to broaden its digital asset custody infrastructure in Africa.

OwlTing Prepares for Nasdaq Debut

OwlTing Prepares for Nasdaq Debut via Direct Listing

by Solomon M.
October 15, 2025

Taiwanese firm OwlTing prepares for Nasdaq listing without raising new capital.

  • 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.