BitGo launches support for Swell Ethereum (swETH) and Restaked Swell Ethereum (rswETH)
BitGo is pleased to announce support for swETH and rswETH, the liquid staking and liquid restaking tokens for Swell, respectively. Clients can now custody both in Hot, Custodial, and Self-Managed Cold wallets.
What is Swell?
Swell is a decentralized finance (DeFi) platform that specializes in liquid staking and liquid restaking. According to Swell, it adds to the act of staking by providing users with the ability to stake their assets and receive liquid staking tokens in return. These tokens can be used within the broader DeFi ecosystem, allowing stakers to earn additional rewards while maintaining liquidity and participating in lending and borrowing.
Get started today
On the BitGo platform, builders and investors can now use and create fast, safe, and user-friendly services for swETH and rswETH.Click here to learn more about availability.Interested in building with swETH and rswETH? Review our developer docs.
Disclaimer: BitGo partners with coin foundations and protocols all over the world to help them navigate the complexities of launching and managing their coins effectively. By removing operational complexity and security concerns, and deepening ecosystem support with WBTC and Layer 2 coins and tokens, BitGo helps coin foundations and protocols thrive in the dynamic world of digital assets. The information contained in this post is provided for general informational purposes only. BitGo obtained the information from sources that we believe to be reliable, but we do not guarantee the accuracy or completeness of the information. BitGo expressly disclaims any and all liability for errors or omissions in the information, or for any actions taken in reliance on the information.
About BitGo
BitGo is the leading infrastructure provider of digital asset solutions, offering custody, wallets, staking, trading, financing and settlement out of regulated cold storage. Founded in 2013, BitGo is the first digital asset company to focus exclusively on serving institutional clients. BitGo is dedicated to advancing a digital financial services economy that is borderless and accessible 24/7. With multiple Trust companies around the world, BitGo is the preferred security and operational backbone for more than 1,500 institutional clients in 50 countries, including many of the world’s top brands, cryptocurrency exchanges and platforms. BitGo also secures approximately 20% of all on-chain Bitcoin transactions by value and is the largest independent digital asset custodian. For more information, please visit www.bitgo.com.
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