tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Classover enters strategic partnership with BitGo for treasury initiatives

Classover (KIDZ) announced that it has entered into a strategic partnership with BitGo through the execution of a memorandum of inderstanding between the two parties. The objectives of the MOU are to formalize and establish details of a partnership aimed at integrating BitGo’s blockchain infrastructure into Classover’s platform and jointly exploring blockchain-based innovations. The MOU acts as a roadmap for transitioning to more detailed and specific contracts. Such contracts would be aimed at allowing Classover to utilize BitGo’s regulated custody platform and other services to manage and scale its digital asset treasury, backed by a total potential financing capacity of up to $900M dedicated to advancing its Solana acquisition, signaling the start of a phased expansion into increasing SOL allocations, enhanced treasury governance and broader Solana-based financial innovation.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1