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Multi-sig bitcoin wallet provider BitGo has announced that it is adding support for Ethereum-based ERC20 tokens.
The company said that it has added support for Basic Attention Token (BAT), Bread (BRD), Civic (CVC), EOS (EOS), Funfair (FUN), Golem (GNT), Kyber Network (KNC), Numeraire (NMR), OmiseGo (OMG), TenX (PAY), Quantum Resistant Ledger (QRL), Augur (REP), 0x (ZRX).
BitGo Now Supports ERC20 Tokens. The first 13 tokens are now supported and more will be added. See BitGo's blog article https://t.co/EXIJSr3Lmj pic.twitter.com/i9FenWsZ10
— BitGo (@BitGo) April 17, 2018
“There are currently well over 20,000 tokens that transact on the Ethereum network. The ICO market raised a healthy $6.8 billion in funds in 2017 and is seen to be on pace for an even higher funding level for 2018,” BitGo said in an online post. “BitGo anticipates that the growth in new digital assets and tokens using ERC20 will continue in 2018.”
BitGo first launched its Ethereum wallets to a limited set of clients in July 2017. It said that dozens of customers have tested its ERC20 solution over the last several months with hundreds of millions of dollars worth of tokens stored and transacted.
“We are proud to announce the global release of BitGo multi-signature ERC20 support. BitGo plans to release support for additional ERC20 tokens at a fairly regular pace throughout the coming months,” it added.
