MetaMask Adds Custodians BitGo, Qredo, Cactus in Push for Institutional DeFi Users
The institutional arm of ubiquitous decentralized finance (DeFi) wallet MetaMask has added custodians BitGo, Qredo and Cactus Custody to help firms meet compliance requirements.The ConsenSys-owned wallet launched its institutional offering in December. The difference between MetaMask Institutional and your browser extension is the key storage: The institutional wallet has a built-in tech stack that helps big firms connect with their required custodians.BitGo Managing Director Joe Bruzzesi told CoinDesk the partnership will involve MetaMask Institutional being integrated with BitGo wallets. He says that’s significant because it “validates the growing appetite for institutional investors to participate in DeFi with the highest level…