Categories: Exchange

$BONK is presently positioned live on the BiGo platform

$BONK is presently positioned live on the BiGo platform

BitGo divulges that $BONK, a community token in the Solana ecosystem, is presently accessible for custody.

$BONK, nicknamed The Dog Coin of the People, was introduced as a free airdrop targeting the Solana community on the 25th of December, 2022. Presently, $BONK takes credit for having more than 119 incorporations throughout ten individual chains.

Presently, the $BONK community is engaged in several activities. Still, its priorities lie in three factors: multichain expansion for connectivity throughout chains, simplified DeFi for members of the community, and gaming acceptance.

Through the backing of the asset, BitGo offers the holders of $BONK safe and institutional-level services, ascertaining the safety of their digital assets.

The BitGo platform is open for developers and investors to utilize and build quick, secure and user-friendly solutions for $BONK.

BitGo was officially established in 2013. It is an absolute top-of-the-line supplier of safe digital asset wallet services, providing high-level custody and staking, trading and prime wallet framework. 

BitGo was responsible for starting the multi-signature wallet and releasing BiGo Trust Company in 2018. This was the initial authenticated custodian for digital wallets. It is known to have a $250 million insurance policy, SOC 1 Type 2 and SOC 2 Type 2 licenses. The company guarantees high-level safety features and privacy.

The company brought high-level DeFi, Web3 and NFT offerings and the Go Network. It managed to receive a $100 million Series C funding in 2023, bringing the value of the company up to $1.75 billion.

Trevor Holman: Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.