-- BitGo (BTGO) said Wednesday it will support The Better Money's stablecoin clearinghouse through its Crypto-as-a-Service offering.
Financial details weren't provided.
BitGo said it will provide regulated custody and wallet infrastructure to back The Better Money's multi-issuer stablecoin settlement platform, aimed at reducing fragmentation and improving transfer efficiency.
Shares of BitGo were up 9.1% in early Wednesday trading.
Price: $11.92, Change: $+0.99, Percent Change: +9.06%