Core Insights - Mercurity Fintech Holding Inc. (MFH) has announced a strategic engagement with BitGo to enhance its digital asset security and compliance framework [1][2][3] - The collaboration aims to provide access to BitGo's multi-signature wallets and institutional-grade custody solutions, which are utilized by industry leaders [2][4] - This partnership is a significant step in MFH's strategy to integrate traditional finance with blockchain technology while improving compliance standards [3][4] Company Overview - MFH is a digital fintech company focused on delivering innovative financial solutions while adhering to compliance and operational efficiency principles [6] - The company aims to contribute to the evolution of digital finance by providing secure financial services to individuals and businesses [6] BitGo Overview - BitGo is a leading regulated infrastructure provider of digital asset solutions, offering custody, wallets, and other services to institutional clients [7] - Founded in 2013, BitGo serves over 2,000 institutional clients across 90 countries, making it the largest independent digital asset custodian [7] Strategic Benefits - The engagement with BitGo is expected to enhance MFH's digital asset security, strengthen regulatory compliance, and boost investor credibility [4][5] - This collaboration is seen as a proactive approach to risk management and building investor confidence [4][5]
Mercurity Fintech Holding Inc. Announces Strategic Engagement with BitGo for Institutional-Grade Custody Services