BitGo will establish a Bitcoin trust company with the Bitcoin financial services company Swan

ChainCatcher news, according to CoinDesk, digital asset custody provider BitGo and Bitcoin financial services company Swan have established a Bitcoin trust company. The joint venture is pending regulatory approval and will combine BitGo's custody capabilities with Swan's expertise in onboarding and fraud prevention.

It is reported that BitGo is one of the custody institutions used by Swan for its Bitcoin storage needs.