BitGo Invests in Ubyx and Acts as Settlement Agent, Driving Institutional-Grade Digital Asset Infrastructure Development

Ubyx recently announced a strategic investment from BitGo Ecosystem Holdings LLC and the appointment of its subsidiary, BitGo Bank & Trust Company (BitGo B&T, N.A.), as its official settlement agent. This aims to build a more robust and regulated digital asset liquidity network. As a trust bank chartered by the U.S. Office of the Comptroller of the Currency (OCC), BitGo B&T will provide institutional-grade custody and settlement services for the Ubyx platform, enabling the secure and efficient transfer of regulated stablecoins and tokenized deposits between issuers and receiving institutions.

The core architecture of Ubyx adopts a design concept of separating "network coordination" and "custody settlement," ensuring system neutrality and scalability. This collaboration strengthens its strategy of building infrastructure based on regulated entities. By working with publicly listed BitGo Holdings and compliant trust bank BitGo B&T, it avoids reliance on closed or unregulated ecosystems, meeting the stringent requirements of global financial institutions for compliance, governance structure, and system security.

BitGo's dual role as an investor and service provider reflects the institutional market's consensus on the key challenges of digital asset infrastructure: the "many-to-many connection" problem must be solved. This means achieving seamless connectivity between numerous issuers and recipients while maintaining the uniqueness of the currency, breaking down the barriers between traditional financial systems and digital asset networks, and driving the financial system towards a more open, transparent, and auditable direction.