ATW Partners Agrees To Invest $50 Million in Frax’s frxUSD Stablecoin, Custodied by BitGo
ATW Partners, Frax, and BitGo Bank & Trust, National Association (“BitGo”), today announced a joint initiative under which ATW Partners, a New York based investment firm, through its affiliates and portfolio companies will deploy up to $50 million into the frxUSD stablecoin. Under the arrangement, BitGo will provide qualified custody of frxUSD for ATW Partners. […]