- BitGo has launched full support for the Polygon (MATIC) blockchain.
- The support will enable BitGo to provide custodial and staking services for MATIC.
- MATIC price jumped in reaction to the development but has continued with consolidation.
The digital assets trust and security company BitGo has launched full support for the Polygon (MATIC) blockchain. In an announcement, the Polygon team explained that the latest development will allow BitGo to offer Polygon’s native MATIC token in hot wallets and qualified custody. It will also enable MATIC holders to stake their ERC20 tokens and earn associated rewards.
Source: https://coinedition.com/matic-price-reacts-as-bitgo-launches-support-for-polygon/