Flare partners with BitGo to deliver institutional-grade custody
Flare is pleased to announce that FLR and SGB are now supported by BitGo, a globally regulated and licensed qualified custodian. The integration marks an important step in Flare’s mission to provide secure, compliant, and scalable infrastructure for institutions and exchanges worldwide.
What does the integration bring to Flare?
Institutional clients can now access both FLR and SGB (the currency of Songbird, Flare’s canary network) through BitGo’s custody solutions, with support for staking and other Flare features planned for the coming months. The integration lays the foundation for launching new products and expanding into more regulated, compliance-focused markets.
Why BitGo?
BitGo provides Flare with the regulatory strength and institutional-grade infrastructure needed to grow its presence and partnerships across key global financial markets.
As the most trusted name in digital asset custody, BitGo secures over $100B in assets and supports many of the world’s leading exchanges and financial institutions. As a qualified custodian, BitGo offers fully segregated accounts — a critical requirement for compliance-focused counterparties.
Additionally, BitGo’s MiCA license enables FLR and SGB to be listed on regulated European exchanges, while its registration with the New York Department of Financial Services (NYDFS) gives Flare a firm regulatory foundation in the U.S., one of the most important jurisdictions for digital assets.
What does this mean for Flare’s institutional journey?
The BitGo integration is a critical milestone as Flare accelerates its international growth and institutional adoption. Many leading financial platforms and cryptocurrency exchanges rely on BitGo as their preferred custodian, making this partnership essential for expanding FLR and SGB access across new markets.
This also comes at a pivotal time for Flare, as more institutions are beginning to leverage Flare’s infrastructure. Just this week, Flare welcomed VivoPower, a publicly traded company, as the first major institution to deploy an XRP-centric treasury strategy on the Flare network — with VivoPower committing $100 million in XRP to Flare’s DeFi ecosystem.
In choosing a US-based, industry-leading partner, Flare is committed to meeting the highest standards of security, compliance, and operational excellence. BitGo’s support for segregated accounts and its regulatory credentials give institutions the confidence they need to participate in the Flare ecosystem at scale.
What next?
With BitGo now supporting FLR and SGB, institutions can access the Flare ecosystem with confidence. To learn more about opportunities on Flare, reach out to our team. To get started with BitGo custody, visit Bitgo.com.
About BitGo
BitGo is the leading infrastructure provider of digital asset solutions, offering custody, wallets, staking, trading, financing and settlement out of regulated cold storage. Founded in 2013, BitGo is the first digital asset company to focus exclusively on serving institutional clients. BitGo is the world’s largest independent digital asset custodian with multiple regulated entities across the globe and over 2,000 clients across 90 countries.