Binary Financial, a digital asset investment manager, has launched BTC-01, a bitcoin liquidity service for institutional clients and high net worth individuals (HNWIs).
The new service will open Binary Financial’s established bitcoin trading services to the family offices, investment institutions and wealthy individuals.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The new service will provide bitcoin access to new investors globally through high-touch service and best-in-class security.
Also, Binary Financial partnered with BitGo for institutional security.
Under the partnership, Binary Financial will leverage BitGo’s platform to manage its clients’ holdings and trade on their behalf while ensuring the security of the private keys in each multi-sig wallet.
Harry Yeh, co-creator of BTC-01 and managing partner of Binary Financial, said: "The current process and rationale for buying and owning Bitcoin is similar to acquiring large amounts of physical gold. The logistics can be complex and risky. BTC-01 was created to give clients peace of mind when adding Bitcoin to large and diverse portfolios.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData"In the past when Binary Financial received requests to purchase digital assets on our clients’ behalf we required our clients to provision their own wallets. By partnering with BitGo, we are able to use their multi-sig wallet platform to manage holdings for our clients, reducing the barriers to entry for new investors," he added.
