BitGo Trust Company, Inc., is proud to support Berachain, an innovative Layer 1 blockchain, as its preferred qualified custodian for the much-anticipated mainnet launch. This collaboration underscores BitGo’s commitment to providing secure, institutional-grade custody, staking, and token management solutions to innovative blockchain ecosystems.

Why It Matters 

The Berachain mainnet launch marks a transformative milestone in blockchain innovation, redefining liquidity and scalability through its unique Proof-of-Liquidity (PoL) consensus mechanism. Berachain aligns incentives across applications and infrastructure providers, creating a seamless liquidity marketplace.

In April 2024, Berachain’s remarkable growth was underscored by its $100 million Series B funding round and the rapid adoption of its testnet, which processed 1 million transactions within its first 48 hours. By leveraging BitGo’s top-tier institutional-grade custody and staking solutions, Berachain is positioned to confidently secure and scale its ecosystem.

BitGo’s Role at Launch 

As the trusted custodian for Berachain’s mainnet launch, BitGo provides a comprehensive suite of institutional-grade solutions, including:

  • Custody Solutions: Secure and flexible wallet options, including self-custody hot, self-custody cold, and custody wallets.

  • Liquid & Native Staking Support: Enable users to secure the network by staking $BERA to earn rewards.

  • Token Management: Simplified workflows for token lockups, vesting, and reward tracking.

Why Berachain Chose BitGo 

BitGo was selected as the preferred custodian for the Berachain mainnet launch due to its industry-leading infrastructure and unmatched expertise:

  • Unparalleled Security: BitGo’s multi-layered security approach, including insured cold storage, provides asset protection at the highest level.

  • Comprehensive Solutions: Tailored, full-service support for custody, staking, and token management in complex blockchain ecosystems.

  • Proven Experience: Trusted by the world’s leading blockchain projects for secure and scalable solutions.

“BitGo continues to innovate to meet the maturing needs of the blockchain industry,” said Chen Fang, CRO of BitGo. “We are thrilled to support Berachain’s mainnet launch and bring our institutional expertise to this groundbreaking ecosystem.”

The collaboration between Berachain and BitGo highlights a shared vision for advancing blockchain technology with uncompromising security and operational excellence. By integrating BitGo’s proven custody solutions with Berachain’s innovative framework, this integration is set to drive the next wave of growth and adoption in decentralized finance, empowering institutions to confidently navigate and contribute to the developing digital asset ecosystem.

If you would like to learn more about Berachain, please connect with us.

About Berachain

Berachain is an EVM-identical Layer 1 (L1) blockchain aligning liquidity and security at the network level. Unlike most blockchains that rely solely on traditional staking for network security, Berachain’s novel Proof of Liquidity (PoL) consensus mechanism rewards users who actively contribute resources with the network’s native governance token, $BGT. Where traditional chains rely on staking rewards or dApps alone to distribute incentives, PoL enables users to earn directly from the network for contributing liquidity or performing incentivized actions—transforming the chain's inflation into fuel for its applications and their users. This model aligns incentives with users who support the network over the long term, creating a sustainable ecosystem where the network's growth and liquidity reinforce each other while increasing its security. What started as an NFT project has evolved into a full-fledged blockchain ecosystem. Backed by a grassroots army of left and right curvers, Berachain accelerates dApp and protocol growth through a better, more aligned L1 model.

About BitGo

BitGo is the leading infrastructure provider of digital asset solutions, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have focused on enabling our clients to securely navigate the digital asset space. With a large global presence through multiple regulated entities, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, as well as millions of retail investors worldwide. As the operational backbone of the digital economy, BitGo handles a significant portion of Bitcoin network transactions and is the largest independent digital asset custodian, and staking provider, in the world. For more information, visit www.bitgo.com.

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