The Salzburg-based Bitcoin startup 21bitcoin has entered into a partnership with the American crypto infrastructure provider BitGo. BitGo Europe GmbH will take over the regulated custody of the Bitcoin holdings of the platform and its users. The US parent company BitGo is currently valued at approximately 1.35 billion US dollars on the stock market.

Background of the Cooperation

21bitcoin was founded in Salzburg in 2020 and has since developed into one of the fastest-growing Bitcoin platforms in Europe. According to the company, it is active in 30 countries of the European Economic Area, manages assets of over 100 million euros, and counts more than 100,000 users. The team comprises over 30 employees at its locations in Salzburg,…