21Shares Taps BitGo for Expanded Regulated Staking and Custody Support Across US and Europe

21Shares, a global leader in cryptocurrency exchange-traded products (ETPs), has announced an expanded partnership with BitGo, a premier digital asset custody provider. This collaboration is set to enhance regulated staking and custody infrastructure for 21Shares’ products across both the United States and European markets.

Through this partnership, 21Shares will utilize BitGo’s institutional-grade security and regulated trust services to provide enhanced protection for its digital asset holdings. The expansion specifically focuses on integrating secure, compliant staking solutions for various Proof-of-Stake (PoS) assets within the 21Shares portfolio. This allows investors to gain exposure to staking rewards through regulated financial instruments while benefiting from BitGo’s rigorous security protocols.

The move arrives at a time of increasing institutional appetite for crypto-based investment vehicles that adhere to strict regulatory standards. By leveraging BitGo’s regulated entities in the US and Europe, 21Shares aims to provide its clients with a seamless and secure investment experience, bridging the gap between traditional finance and the digital asset ecosystem.

Spokespersons for 21Shares noted that BitGo’s proven track record in custody and staking was a key factor in the decision, emphasizing that robust, audited infrastructure is essential for the continued institutional adoption of crypto assets. This partnership reinforces 21Shares’ commitment to transparency and investor safety in the rapidly evolving ETP landscape.

Source: 21Shares taps BitGo for expanded regulated staking, custody support across US, Europe