BitGo CPO says the custodian cannot touch client assets without permission

Eugene Hahr says BitGo's custody agreements bar it from accessing or redeploying client funds unless clients explicitly authorize it BitGo wants to make one thing very clear. The client assets it holds are not BitGo’s to play with. Chief Product Officer Eugene Hahr has reaffirmed that the company operates strictly as a custodian. BitGo cannot touch or redeploy client assets without explicit permission. The timing matters. BitGo is pushing into prime brokerage, staking and tokenized assets. Each new business line raises a familiar question from institutional clients: where does my money actually sit, and who can move it?

Source: Crypto Briefing