BitGo powers ZebPay's hot wallets and custody solutions
by@BitGo
Summary
BitGo has partnered with ZebPay to enhance the security of the exchange's services by powering its hot wallets and custody solutions. Since 2013, BitGo has pioneered multi-signature technology for hot wallets, which is now the industry standard, allowing ZebPay to automate processes such as customer deposits and withdrawals efficiently. ZebPay, founded in India and now based in Singapore, is recognized as one of the oldest crypto exchanges in the country, boasting a user base of 3 million. The collaboration with BitGo aims to provide exceptional security and trust, critical for ZebPay's goal of expanding access to Bitcoin for individuals with modest incomes.
Analysis
BitGo: BitGo is the digital asset infrastructure company delivering custody, wallets, trading, staking, and related services through regulated entities. It pioneered multi-signature security for hot wallets and maintains a focus on secure, connected solutions for institutional clients. In this news, BitGo powers ZebPay's hot wallets, qualified custody, wallet APIs, and broad coin support, automating deposits, withdrawals, and monitoring while upholding industry-leading security standards. ZebPay: ZebPay is a global crypto asset exchange founded in India and headquartered in Singapore, with operations spanning numerous countries and a long-standing emphasis on security and customer trust. It has positioned itself as a pioneer in the Indian market by adopting advanced custody tools early. The partnership enables ZebPay to use BitGo's APIs for automated infrastructure and secure custody, supporting expansion goals including broader Bitcoin accessibility. Rahul Pagidipati: Rahul Pagidipati is the CEO of ZebPay and a serial entrepreneur with prior experience building and exiting major healthcare companies. He has underscored BitGo's role in managing automated wallets, implementing access policies, and handling cold storage overhead to streamline operations. His comments highlight the partnership's contribution to secure day-to-day management and long-term business growth. Regulatory Focus: BitGo operates multiple regulated entities providing institutional-grade custody and settlement services across jurisdictions. Partnership Impact: BitGo's APIs enable automation of key processes like address generation, transaction signing, and wallet activity monitoring for exchanges seeking robust infrastructure. Security Standards: BitGo's multi-signature technology for hot wallets has evolved into a widely adopted open-source protocol evaluated extensively by the crypto security community.
Categories
tech
Related sources
- https://www.ccn.com/education/crypto/sip-style-investing-reshape-crypto-participation-india-zebpay-ceo-rahul-pagidipati/
- https://tracxn.com/d/companies/zebpay/__TwT81cDlUi4px2f95DdCimMvf2b-LBw4gHapsZugKqk
- https://www.weex.com/zh-TW/news/detail/bitgo-adds-ex-exodus-executive-as-compliance-chief-o6uxus6m5f20hw6ffxjt8ibr
- https://economictimes.indiatimes.com/markets/zebpay
- https://www.newswire.co.kr/newsRead.php?no=1042899
- https://crypto.news/tag/bitgo/
- https://www.bitgo.com/resources/case-studies/zebpay/
- https://au.linkedin.com/company/zebpay
- https://www.bwpeople.in/article/zebpay-appoints-ravi-karkara-to-lead-global-alliances-555292
- https://x.com/zebpay/status/2077736775095857630
- https://cryptobriefing.com/bitgo-ceo-nydig-merger-institutional-crypto/
- https://crypto.news/cosmos-adds-bitgo-to-17-partner-banking-network/
- https://mediabrief.com/zebpay-names-anuj-garg-cto/
- https://www.tipranks.com/news/the-fly/bitgo-europe-announces-partnership-bielik-io-thefly-news
- https://investifi.com/investifi-strengthens-multi-custodian-strategy-through-new-relationship-with-bitgo/