Brink’s Makes Strategic Investment in Cryptocurrency Custody Firm BitGo On January 24,
Brink’s announced the partnership with BitGo, a cryptocurrency custody firm. As part of this collaboration, Brink’s will serve as BitGo’s global secure logistics and vaulting provider.
While the financial details of the investment were not disclosed, the collaboration signifies the growing importance of secure custody solutions in the digital asset space, particularly as institutions handle significant investments
on behalf of clients. BitGo is a leading player in digital asset security and custody, serving over 1,500 clients across 50 countries and providing solutions for institutional clients managing billions in digital assets. T
he partnership with Brink’s, known for its secure logistics and global presence in transporting cash and valuables,
is expected to leverage the strengths of both companies and enhance physical security capabilities for digital assets. Notably,
in the evolving landscape of digital asset custody, institutions are increasingly seeking secure solutions for managing cryptocurrencies on behalf of their clients. BitGo’s expertise in digital asset security
will be complemented by Brink’s global network and experience in secure logistics. BitGo Trust president Jody Mettler said, “Having a footprint of secure locations globally is important to us as we move into regions like Asia Pacific and EMEA. It means being able to leverage their network and expertise in these regions for security protocols and locations.”
