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Prime Trust encountered severe financial difficulties, resulting in an $8 million loss linked to its investment in the failing terraUSD stablecoin. Conversely, BitGo showcased resilience by obtaining $100 million in funding after reevaluating its acquisition plans involving Prime Trust.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/8055934ab80643099b87298658e6f228.gif" />Ad. Get $50 USDT Reward From CryptosHeadlines. <a href="https://twitter.com/CryptosHeadline/status/1702044419799793845" rel="noopener noreferrer nofollow">Click Here To Join</a>BitGo and Swan, both prominent names in the world of Bitcoin financial services, are joining forces with an ambitious goal. They aim to create the first Bitcoin-only trust company in the <a href="https://cryptosheadlines.com/gemini-a-cryptocurrency-exchange-is-set-to-introduce-a-derivatives-platform-in-international-markets-outside-of-the-united-states/" rel="noopener noreferrer nofollow">United States</a>. This partnership aims to combine BitGo’s expertise in <a href="https://cryptosheadlines.com/cftc-recognizes-cryptocurrencies-potential-to-revolutionize-risk-management/" rel="noopener noreferrer nofollow">cryptocurrency custody with Swan’s recognized</a> capabilities in customer onboarding and fraud prevention. <a href="https://cryptosheadlines.com/bitgo-and-swan-partner-for-first-us-bitcoin-only-trust/" rel="noopener noreferrer nofollow">Read More...</a>

BitGo and Swan Partner for First US Bitcoin-Only Trust

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