Brinks security invests in Goldman-backed BitGo digital asset custody
Summary
In 2022 another digital asset custody provider, Metaco, partnered with Brinks to protect key backups. Metaco is now owned by Ripple.No further details about the BitGo investment were shared.We are excited to not only partner with, but invest in BitGo as we become their global secure logistics and vaulting provider, said Zac McKenna, Brinks Manager of Digital Assets.BitGos strong brand reputation, market position and long track record of success in the digital asset industry increases our presence in the fast-growing and evolving blockchain landscape.Last year Brinks also invested in NFT company Courtyard. The startup allows physical collectibles to be traded as NFTs for greater liquidity. It then stores the real world assets in vaults, which is why Brinks is so relevant.Meanwhile, BitGo raised a $100 million Series C funding round in August last year, valuing the company at $1.75 billion. Goldman Sachs, DRW and Galaxy Digital participated in a 2017/18 Series B round.
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