Lantern Finance Partners with BitGo for Best-in-Class Security
By Lantern Finance
08 Apr 2024
The partnership with BitGo fortifies Lantern Finance's commitment to providing top-tier security for its customers' digital assets.
Customers of Lantern Finance benefit from the assurance that their assets are held in a regulated custody solution provided by BitGo.
The collaboration ensures ease of use without compromising on security or compliance standards.
Today, we're thrilled to feature our partnership with BitGo, the gold standard in digital asset custody and security for digital assets. Since Lantern’s launch, BitGo has helped us meet our commitment to providing the safest and most reliable platform for staking and lending services.
Our partnership with BitGo ensures that users’ assets are held in a regulated custody solution. Collaborating with BitGo empowers us to stay ahead in the fast-evolving crypto landscape. Their expertise in compliance and risk management aligns with our mission to build a platform that's not only easy to use but also meets the highest standards of regulatory compliance.
Together with BitGo, we're setting new benchmarks in security, reliability, and user trust in the crypto sector. Stay tuned for more updates as we continue to innovate and improve our platform with BitGo's support.
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About Lantern
Lantern is a US-based crypto staking provider offering loans against staked assets. Lantern is currently available in 15 states, including California, Pennsylvania, Illinois, Virginia, Massachusetts. If you have questions or would like to learn more about our services, please visit www.lantern.finance or reach out to support@lantern.finance.
About BitGo
BitGo, founded in 2013, is a leading provider of secure digital asset wallet solutions, offering institutional-grade custody, staking, trading, and core wallet infrastructure. Notably, it pioneered the multi-signature wallet and launched BitGo Trust Company in 2018, the first qualified custodian for digital assets. With a $250 million insurance policy, SOC 1 Type 2 and SOC 2 Type 2 certifications, and rigorous regulatory compliance, BitGo ensures high standards of security and confidentiality. Expanding its services, BitGo introduced institutional-grade DeFi, NFT, web3 offerings, and the Go Network. In 2023, it secured $100M Series C financing, valuing the company at $1.75B. BitGo supports 700+ digital assets, processes 20% of on-chain Bitcoin transactions, and serves over 1,500 institutional clients across 50 countries.
For more information, please visit www.bitgo.com.