Xapo, Inc., a Bitcoin wallet and cold storage vault provider, has been appointed custodian for the Bitcoin Investment Trust (OTCQX: GBTC) by Grayscale Investments LLC.BitStarz Mobile App – Best Crypto Gaming on Your Phone
Barry Silbert, Creator of the Bitcoin Investment Trust, had the following to say:BitStarz Mobile App – Best Crypto Gaming on Your Phone
“As the Bitcoin Investment Trust continues to grow its assets under management and provide the global investment community with a familiar and transparent structure to gain bitcoin exposure, we are excited to partner with Xapo. As a leader in the bitcoin vaulting and storage space, Xapo joins the ranks of the Bitcoin Investment Trust’s other leading service providers.”BitStarz Mobile App – Best Crypto Gaming on Your Phone
Wences Casares, Founder and CEO of Xapo, believes the trust will have a positive impact on Bitcoin and the investment community.
Xapo, which launched in 2014, recently announced a new advisory board which includes the founder of Visa. Xapo, Inc. is a Delaware company which serves customers in the United States. Xapo Limited serves customers outside the United States.
The Bitcoin Investment Trust launched in 2013 and debuted on BitStarz Mobile App – Best Crypto Gaming on Your PhoneOTC Markets in May 2015. Bitcoin Investment Trust’s shares are considered the first publicly-quoted securities with value derived from Bitcoin’s price. Each share is meant to represent one-tenth of a Bitcoin.