TLDR:
- BitGo Bank & Trust now provides regulated MPC custody for XDC tokens and USDC on XDC Network platform.
- Integration removes custody barriers preventing corporates and exchanges from deploying capital on blockchain.
- XDC Network gains competitive advantage in trade finance and cross-border payments through BitGo partnership.
- Institutional asset managers can custody XDC using same security standards required for traditional assets.
XDC Network has finalized a custody partnership with BitGo, enabling regulated storage solutions for XDC tokens and USDC.
The integration addresses a critical infrastructure gap that has prevented institutional participants from deploying capital on the network.
BitGo’s Multi-Party Computation wallet technology, delivered through BitGo Bank & Trust, now provides enterprises with the security and compliance frameworks required for blockchain operations.
Regulated Custody Infrastructure Enables Enterprise Deployment
The partnership resolves a fundamental barrier facing corporate blockchain adoption. Financial institutions and payment platforms require regulated custody before committing resources to distributed ledger systems.
BitGo Bank & Trust, National Association, operates as the regulated custodian entity supporting XDC chain operations.
According to Amitava Mandal, Director of XDC Tech US, Inc., “BitGo’s custody is infrastructure that unlocks real enterprise deployment.”
He emphasized that trade finance and payment platforms cannot operate on blockchain without regulated custody.
The integration eliminates this obstacle and creates pathways for institutional capital that were previously unavailable.
XDC Network announced the development through its official channels, confirming the custody support would unlock regulated access for tokens on the platform.
Exchanges and institutional asset managers can now onboard XDC using custody standards equivalent to traditional financial assets. The integration applies the same security protocols that institutions employ for conventional holdings.
BitGo’s MPC wallet technology distributes cryptographic keys across multiple parties, enhancing security while maintaining accessibility.
The architecture prevents single points of failure that have historically concerned institutional participants. Financial service providers can now custody XDC assets within their existing regulatory frameworks.
Trade Finance and Cross-Border Payment Applications Gain Infrastructure Support
XDC Network’s technical architecture targets trade finance, tokenized assets, and cross-border payment systems. The BitGo integration strengthens the network’s position in these sectors by providing the custody layer that enterprise applications require.
Legacy payment infrastructure faces challenges including slow settlement times, elevated costs, and limited transparency.
Mandal stated that the integration “removes that blocker and positions XDC Network for institutional capital flows that weren’t previously possible.”
The custody solution enables corporates to evaluate XDC Network as an alternative to traditional payment rails. Enterprises can now deploy blockchain-based payment systems with the same custodial protections they expect from conventional financial infrastructure.
Tokenized real-world assets represent another application area gaining infrastructure support. Asset managers and financial institutions can custody tokenized securities, trade finance instruments, and other digital representations of physical assets. The regulated framework addresses compliance requirements that govern institutional asset management.
Cross-border payment providers can leverage the custody integration to build settlement systems on XDC Network. The combination of fast settlement times and regulated custody creates conditions for institutional payment flows.
Payment platforms can now construct blockchain-based solutions without sacrificing regulatory compliance or security standards that their operations demand.
