21Shares taps BitGo for expanded regulated staking, custody support across US, Europe
The move strengthens institutional support for 21Shares’ multibillion dollar digital asset investment platform and broadens its regulated staking capabilities.
BitGo Holdings and 21Shares said Thursday they have expanded their existing partnership to include custody and staking services supporting 21Shares’ crypto exchange-traded products (ETPs) for investors in the United States and Europe.
Under the agreement, BitGo will deliver qualified custody, trading and execution services and integrated staking infrastructure for 21Shares’ US exchange-traded funds and global ETPs. The arrangement also provides 21Shares with access to liquidity across electronic and over-the-counter markets, according to the announcement.
BitGo said the services will be delivered through its regulated entities in the US and Europe, including its federally chartered trust bank approved by the Office of the Comptroller of the Currency (OCC) and its MiCA-licensed operations authorized by Germany’s Federal Financial Supervisory Authority.