A digital currency storage and security startup – BitGo wants to add Zcash (ZEC) to its platform, and the startup made this announcement on the 25th of July. Zcash (ZEC) – the privacy-oriented digital currency joins a host of other digital currencies on the platform of the startup, which offers custodial services and products and multi-signature for users that include institutional clients.
About a week ago, the firm also provided support for fifty-seven Ethereum-based coins. According to the firm, users will be able to store Zcash on both the cold-storage custody solutions and the multi-signature of BitGo.
Ben Chan’s Remark
Ben Chan – the Chief Technical Officer of BitGo, said that Zcash (ZEC) is a natural fit for BitGo as both the firm and the digital currency are focused on security, privacy protection, and cutting-edge technology. He also added that the digital currency also comes to the platform after some institutional investors expressed their interest in the coin.
Brad Miller’s Comment
Brad Miller – a Zcash engineer – said that the support of BitGo will enable investors to effortlessly receive and send Zcash (ZEC) in a secure and safe way. He also said that BitGo and the Zcash firm ecosystem team worked together to make sure the digital currency is well integrated and supported.
Chan also said that the listing of new digital currencies on the platform will continue swiftly, with the firm planning to add more than one hundred digital currencies to its platform by the end of this year.
Zcash (ZEC) Price Today – ZEC / USD
At the time of writing, Zcash has moved one spot higher, and it is now ranked 20th on the list of top digital currencies in the world by market cap. Zcash is presently trading at $225 after an increase of over 6.5 percent in the last twenty-four hours. The market cap of Zcash (ZEC) is $1.01 billion and its trading volume over the past twenty-four hours is $133.27 million.