Hassan Maishera
On Wednesday, the VeChain team announced via X that it has partnered with BitGo, a global leader in digital asset custody and institutional infrastructure. Integration with BitGo brings regulated custodian products that open up many new opportunities for VeChainThor and the VeBetter ecosystem.
BitGo’s institution-grade tokenization and Node/Staking services help facilitate peace of mind for large, professional stakeholders joining VeChain to secure the blockchain as a Validator once VeChain's tokenomics changes are enacted towards the end of 2025.
VeChain Thor (VET) is a blockchain with the posited goal of solving real-world economic problems. VeChain leverages the Proof of Authority (PoA) consensus mechanism. PoA is a Byzantine Fault Tolerant probabilistic consensus mechanism based on HotStuff, which relies on Authority Masternodes (AM) associated with verified identities. VET is down 1% today and is currently trading at $0.02479.
