Technology
Bullish
BitGo launches BitGo Labs to focus on AI and crypto
Image: Crypto BriefingBitGo has launched BitGo Labs, an innovation unit focused initially on the intersection of artificial intelligence and crypto. The unit will develop applications and publish research, prototypes and reference implementations. Its launch includes Gokubu, a consumer financial app that BitGo says is live and accepts registrations. BitGo describes Gokubu as combining an AI-assisted card, a personalized financial assistant and automated rewards. BitGo says the AI economy needs crypto financial infrastructure.
Key points
- BitGo has launched BitGo Labs, an innovation unit focused initially on artificial intelligence and crypto.
- BitGo Labs will develop applications at the intersection of artificial intelligence and crypto.
- BitGo is a digital asset infrastructure company that provides custody and other infrastructure services.
- BitGo says crypto infrastructure could serve an economy of autonomous software agents.
Why it matters
BitGo Labs gives a custody firm a dedicated unit for AI and crypto applications. Its launch includes a consumer app, but BitGo's announcement does not establish revenue or scale for the new products.
What's unclear
BitGo's announcement does not establish whether Gokubu or other applications have generated material revenue or reached a particular scale.
Sources · 2 publishers
NewsBTC
Tier 2
BitGo Launches Labs Unit With AI-Powered Gokubu Consumer App
Coverage timeline
- First reported by Crypto Briefing
- Also reported by NewsBTC
- CryptoVideos brief published
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