BitGo

by BitGo, Inc.

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PrimeTrust

by PrimeTrust LLC

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Yearn.Finance Token

by Yearn Finance

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BitGo

by BitGo, Inc.

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PrimeTrust

by PrimeTrust LLC

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Yearn.Finance Token

by Yearn Finance

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What problem does this service solve?

BitGo provides secure cryptocurrency solutions for institutional clients., including: private blockchains, business wallets, self-managed storage, and API's.Prime Trust provides regulatory compliance services to blockchain clients.Yearn Finance is specifically designed to help Crypto holders maximize yield farming gains.

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Company Description

BitGo is a financial services company that focuses on digital currencies, and is backed by several large investment companies. They offer a variety of investment services to help institutional clients manage cryptocurrencies, including security, compliance, and custodial solutions. BitGo launched the first multi-signature hot wallet in 2013. It is one of the largest processors of on-chain Bitcoin transactions, processing 15% of all global Bitcoin transactions. BitGo supports over 100 tokens and coins, and works with many of the largest exchanges in the industry. The company also provides custodial and trust services for digital assets.

Prime Trust is a chartered, regulated, and insured financial institution, that specializes in providing custodian and trustee services for blockchain companies. The company is overseen by the banking commissioner’s office at the Financial Institutions Division. They hold cash and non-cash assets, such as cryptocurrencies, for their clients. Prime Trust also offers KYC, AML, and a variety of other compliance solutions for their clients.

The Yearn.Finance token fuels the Yearn Finance network, which was designed to help maximize profits from opportunities created by collateralized lending protocols. The Yearn Finance ecosystem consists of several platforms that enable users to seamlessly leverage the arbitrage opportunities created on Ethereum-based lending services. It includes platforms that are designed to switch lenders to optimize yields, leverage stablecoin trades, automate liquidations, and automate credit allocations. The Yearn.Finance token acts as a governance and payment mechanism for a platform that is specifically designed to help optimize profits across multiple DeFi lending service providers.

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