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UstarPay Engages BitGo Bank & Trust, National Association, as Custodian

Customers retain ownership and beneficial interest in digital assets used by UstarPay’s payment and card infrastructure.

An unmarked payment card rests against a heavy steel vault door / TokenPost.ai
An unmarked payment card rests against a heavy steel vault door / TokenPost.ai

UstarPay engaged BitGo Bank & Trust, National Association, on Thursday, Nov. 5, as custodian for digital assets used in its payment and card infrastructure. The arrangement is intended to strengthen custody handling and clarify operational responsibilities.

Customers retain ownership and beneficial interest in their assets. Access to the services is subject to applicable regulations, user eligibility and geographic restrictions.

BitGo Bank & Trust is one of the entities that provides custody services to eligible U.S. customers under BitGo’s U.S. custody structure.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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