BitGo, a firm specializing in institutional cryptocurrency financial services has announced that it has hired Richard J. Corcoran, a retired banking veteran with experience in the trust company industry, to lead the company’s institutional custody operations.

The BitGo Trust Company will hold billions of dollars for its customers and courts hedge funds, family offices and mutual funds as clients.

Corcoran has stated that he “understands the regulatory requirements and how to comply with those standards and maintain compliance as we serve customers”.

LEAVE A REPLY

Please enter your comment!
Please enter your name here