BitGo’s New Adventure: Custody Support for Flare and Songbird! 🎉

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Ah, BitGo, the grand custodian of digital assets, has decided to grace us with its presence in the realms of Flare (FLR) and its charming little sibling, Songbird (SGB). One can only imagine the excitement in the boardroom as they unveiled their latest offering: qualified custody and self-custody solutions, all wrapped up in the cozy embrace of hot and cold wallets. Truly, a moment to cherish! 🥳

Flare, that ambitious Layer 1 blockchain, is not just a pretty face; it’s a veritable cornucopia of innovations! With its Flare Time Series Oracle, FAssets, and the Flare Data Connector, it aims to connect the dots between on-chain systems and the chaotic world of off-chain data. Who knew that bridging the gap could be so fashionable? And let’s not forget the promise of decentralized AI and sophisticated DeFi applications lurking just around the corner. How thrilling! 🤖

Then we have Songbird, the live testing network, which is like Flare’s eager apprentice, ready to test new features in a bustling economic environment. It’s the playground where developers can frolic without a care in the world, all while ensuring that the mainnet remains as pristine as a freshly polished apple. 🍏

With SGB being the darling of both self-custody and qualified custody, institutions can dip their toes into the Flare waters without the fear of compliance sharks lurking beneath. BitGo’s roadmap promises even more delightful surprises, including Wrapped Flare (WFLR) delegation and native staking. Who wouldn’t want to be part of this digital carnival? 🎪

“Partnering with BitGo is a major step in Flare’s institutional evolution,” declared Flare CEO Hugo Philion, as if he were announcing the arrival of a new royal heir. “Their regulatory strength and secure infrastructure align perfectly with our vision.” As the demand for data-rich, decentralized systems grows, BitGo’s latest move is like a golden ticket into Flare’s ever-evolving ecosystem. How very generous of them! 🎟️

Also read: VivoPower Selects BitGo for Exclusive XRP Trading & Custody

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2025-06-12 21:11