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InvestiFi Strengthens Multi-Custodian Strategy Through New Relationship with BitGo
Globenewswire· 2026-02-10 13:02
Core Viewpoint - InvestiFi has expanded its custodial network and digital asset capabilities through a strategic partnership with BitGo, enhancing its service offerings for credit unions and community financial institutions across all 50 states, including previously restricted markets [1][2]. Group 1: Partnership and Expansion - The collaboration with BitGo utilizes its Crypto-as-a-Service (CaaS) solution, strengthening InvestiFi's multi-custodian model and enabling full digital asset coverage in states like New York, Texas, and Idaho [2][4]. - This partnership addresses a servicing gap for financial institutions looking for compliant ways to offer digital asset access, particularly in heavily regulated states [2][5]. - The relationship allows InvestiFi's partnered financial institutions to gain expanded access to BitGo's capabilities without disrupting existing custody arrangements [4][5]. Group 2: Strategic Focus and Goals - InvestiFi's expansion reflects its commitment to flexibility, stability, and regulatory alignment, enabling partners to scale digital asset offerings while maintaining choice and resilience across custodial providers [3][5]. - The CEO of InvestiFi emphasized the importance of building a platform that adapts to regulatory and geographical realities, rather than forcing institutions into a single operational path [4]. - The partnership aims to support financial institutions as they implement digital asset capabilities, ensuring security, compliance, and operational rigor [5]. Group 3: Company Background - InvestiFi is designed to allow trading to and from deposit accounts, helping credit unions and community banks retain assets and attract new account holders [6]. - The platform aims to democratize investing and support community financial institutions, making wealth-building opportunities accessible to everyone [6]. - BitGo, as a digital asset infrastructure company, provides a range of services including custody, wallets, and trading, and has a global presence with multiple regulated entities [8].