Share this article
Crypto Security Startup BitGo to Custody Zcash
Cryptocurrency security startup BitGo says it is adding privacy coin zcash to its supported crypto assets.
By Nikhilesh De
Updated Sep 13, 2021, 8:12 a.m. Published Jul 25, 2018, 12:00 p.m.
Crypto security and storage startup BitGo is adding zcash to its platform, the firm announced Wednesday.
The privacy-focused cryptocurrency joins a number of major crypto assets on the startup's platform, which offers a multi-signature wallet and custodial products and services for users that include institutional clients. Just last week, the company also added support for 57 ethereum-based tokens, as reported by CoinDesk.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Clients will be able to store zcash in both BitGo's multi-signature wallets and its cold-storage custody solutions, according to the firm.
BitGo chief technical officer Ben Chan told CoinDesk that "zcash is a natural fit for BitGo as both are focused on privacy protection, security and cutting-edge technology." The cryptocurrency also comes to the platform following expressions of interest from institutional clients, he added.
Zcash engineer Brad Miller said in a statement that BitGo support will enable investors to "seamlessly send and receive zcash in a safe and secure way," in particular due the institutional-grade security standards the firm employs.
"The Zcash Company ecosystem team and BitGo worked collaboratively to ensure Zcash is well integrated and supported," he said.
Chan also indicated that the firm's addition of new cryptos will continue apace, with BitGo planning to list more than 100 tokens by the end of 2018.
As previously reported, BitGo filed for a charter to build its own regulated asset custody service. It is unclear yet when the BitGo Trust may open for business, but marketing vice president Clarissa Horowitz told CoinDesk in May that the startup is working with regulators on the process.
Chan said, BitGo is "on its way to be the first purpose-built digital qualified custodian."
Zcash and wallet image via Shutterstock
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Coinbase Sees Crypto Recovery Ahead as Liquidity Improves and Fed Rate Cut Odds Climb
The crypto exchange also took note of a so-called AI bubble that continues to go strong and a weaker U.S. dollar.
What to know:
- Coinbase Institutional is seeing a potential December recovery in crypto, citing improving liquidity and a shift in macroeconomic conditions that could favor risk assets like bitcoin.
- The firm's optimism is driven by rising odds of Federal Reserve rate cuts, with markets pricing in a 93% chance easing next week, and improving liquidity conditions.
- Several recent institutional developments, including Vanguard's crypto ETF policy reversal and Bank of America's greenlighting of crypto allocations, have contributed to bitcoin's rebound from recent lows.
Top Stories
