Dubai – In a groundbreaking move, Coreum, the layer 1 blockchain designed for enterprises, has joined forces with BitGo, a global leader in digital asset security. This strategic partnership aims to drive Coreum’s global network expansion by creating a secure and efficient gateway for established institutions to access its cutting-edge technology.
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Coreum’s infrastructure emphasizes a developer-centric approach and facilitates the rapid deployment of decentralized applications, ensuring optimal performance and adaptability for enterprises of all sizes. Positioned as an Enterprise Grade Blockchain (EGB), Coreum prioritizes regulatory compatibility through on-chain KYC metadata and ISO20022 payment messaging standards, all while maintaining key Layer-1 features such as high throughput, security, interoperability and scalability.
BitGo’s custodial services add an extra layer of security, introduce Coreum to a robust network of institutions, and promote the adoption of blockchain technology across industries. Coreum’s technology opens avenues for innovative solutions in custom payments, rewards programs, stock and security tokenization, and peer-to-peer insurance products, paving the way for the next era of programmable blockchain assets.
“Businesses have been a driving force in the modern global economy and will continue to play an integral role in the widespread adoption of blockchain technology.”
Bob Ras, CEO of Sologenic and co-creator Coreum
“Coreum’s prioritization of enterprises is complemented not only by BitGo’s commitment to providing safe and secure access to digital assets, but also by Coreum’s sister company, Sologenic’s recent launch of SoloNex, a platform that enables the tokenization and issuance of assets for both institutions such as companies. As an ecosystem, we are the driving force behind the adoption of blockchain by enterprises,” said Bob Ras.
Subject to regular audits and high regulatory standards, BitGo’s Trust Company, Inc. fits seamlessly with Coreum’s regulatory-friendly framework. This alignment ensures secure on-chain token operations, including KYC features, various asset support, and an integrated DEX with an organic order book and Automatic Market Making (AMM).
“Our partnership with Coreum aligns with BitGo’s ongoing efforts to improve the digital asset landscape, always prioritizing the security of our customers. As the landscape continues to evolve, we remain committed to navigating its complexity, adapting to its challenges and seizing opportunities that align with our core principles. This partnership embodies our commitment to improving the blockchain ecosystem, and as always, our customers’ security and trust remain paramount.” (Chen Fang, COO)
To learn more about Coreum and its groundbreaking blockchain solutions, visit www.coreum.com. For more information about BitGo, visit www.bitgo.com.
