Lif3 partners with BitGo to Enhance Blockchain Security for Institutional DeFi Assets

Lif3 (LIF3/USD)(LIF3/USDt), the revolutionary multi-chain DeFi Layer-1 ecosystem that operates on Ethereum, Polygon, BNB Chain, and Fantom, is thrilled to announce its strategic partnership with BitGo, the industry’s leading secure qualified institutional custodian. This collaboration marks a significant leap forward in securing and democratizing access to blockchain technologies for users worldwide as Lif3.com leverages BitGo’s pioneering, multi-signature technology for custodial transactions, cold storage of Lif3 tokens, LSHARE tokens, and L3USD.

This partnership supports Lif3’s vision for a more simplified, safer and interactive user experience and facilitates seamless acquisition for consumer DeFi through the “Lif3 Wallet” available for download on the App Store and Google Play.

This BitGo announcement coincides with Lif3’s recent Ethereum Migration announcement and its strategic partnership with Layer Zero, an alliance designed to address the challenges associated with token bridging, for a more secure and efficient blockchain experience.

Lif3.com and the “Lif3 Wallet” continue to be a platform of interest for those invested in the future of decentralized finance and blockchain technology. The commitment to continuous improvement and innovation positions Lif3 as a frontrunner in shaping the future landscape of the digital economy and its vision towards breaking down barriers to cryptocurrency adoption through the Lif3 Mobile App, a one-stop solution for on-ramping, investing, trading, earning, gaming, and off-ramping.

Lif3.com is a complete, omni-chain DeFi ecosystem, that includes a Curated Layer-1 Blockchain, and a self-custody wallet. “Lif3 Wallet” is available on the App Store and Google Play – unlocking the potential of Web3 through consumer DeFi, iGaming and the Entertainment Sectors

LIF3 (LIF3) is an ERC-20 token that powers the LIF3 ecosystem and provides a comprehensive suite of features to manage digital assets across multiple blockchains while allowing users to benefit from staking. To obtain access to $LIF3 on Bitfinex, customers can visit: https://trading.bitfinex.com/t/LIF3:UST – API symbol for LIF3 is LIFIII on Bitfinex

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BitGo, founded in 2013, is a leading provider of secure digital asset wallet solutions, offering institutional-grade custody, staking, trading, and core wallet infrastructure. Notably, it pioneered the multi-signature wallet and launched BitGo Trust Company in 2018, the first qualified custodian for digital assets. With a $250 million insurance policy, SOC 1 Type 2 and SOC 2 Type 2 certifications, and rigorous regulatory compliance, BitGo ensures high standards of security and confidentiality. Expanding its services, BitGo introduced institutional-grade DeFi, NFT, web3 offerings, and the Go Network. In 2023, it secured $100M Series C financing, valuing the company at $1.75B. BitGo supports 700+ digital assets, processes 20% of on-chain Bitcoin transactions, and serves over 1,500 institutional clients across 50 countries.

Custody services are offered through BitGo Trust Company, a South Dakota chartered trust company. BitGo is not registered with the SEC, and does not offer legal, tax, investment, or other advice. Please consult your legal/tax/investment professional for questions about your specific circumstances.

Quantum Fintech Group is a private investment group founded in 2020, and is focused on providing superior returns in the alternative asset space focusing specifically on blockchain investments.