BitGo Targets Wall Street as Stablecoin Competition Picks Up
BitGo Bank & Trust is now offering institutions access to Aave, Spark and Tesseract, integrating the protocols via Narval. The move lets eligible BitGo clients tap these approved DeFi protocols right from their qualified custody wallets. DeFi, or decentralized finance, uses blockchain to power lending, borrowing and trading with software protocols instead of traditional middlemen.