Isn’t the #bitcoin custodied at Bitgo and the #dollars custodied at Fortress? Not ideal either way. Would be worse if they didn’t constantly advocate for people to self-custody.
Further but not current customer here.
Swan switched from Prime Trust to Fortress Trust.
Fortress Trust is being acquired by Ripple (not finalized yet though).
Ripple may soon we’ll be in charge of #bitcoin custody for nostr:npub1tftc33ttam85wraffce62cgtvvjrmttquqlv6a0agtfm5nl4vues82xar5
nostr:npub10uthwp4ddc9w5adfuv69m8la4enkwma07fymuetmt93htcww6wgs55xdlq has covered it well.
Discussion
Agreed. Hopefully those buying #bitcoin self-custody asap but more importantly start buying in a non-KYC fashion.
Better privacy and rug protection.