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Digital asset custody provider BitGo announced support for Stacks' Nakamoto and sBTC upgrades
BlockBeats news, on July 19th, digital asset custodian BitGo announced support for the Nakamoto and sBTC upgrades of Stacks. BitGo is a signer of WBTC on Ethereum and will be one of the dozens of institutional signers for sBTC. After the sBTC upgrade, users will be able to securely map BTC to Stacks network's sBTC through Decentralization, achieving instant transaction speed and fully unleashing the economic potential of BTC. Muneeb, co-founder of Stacks, said, 'This is a big step forward for BTC L2.'