tl;dr
VeChain has partnered with digital asset custodian BitGo to provide regulated custodial solutions for its VeChainThor blockchain and VeBetter ecosystem, aiming to accelerate institutional integration. BitGo's services support tokenization, node operation, and staking, encouraging professional valida...
VeChain has officially partnered with BitGo, a digital asset custodian, to build strong foundational systems aimed at accelerating the integration of VeChain’s blockchain and digital tokenized assets into institutional frameworks. This partnership offers VeChainThor and the VeBetter ecosystem regulated custodial solutions, unlocking a range of new possibilities for institutional stakeholders. BitGo’s institutional-grade services for tokenization, node operation, and staking provide confidence for professional entities to join as validators, especially in anticipation of VeChain’s planned tokenomics updates scheduled for late 2025.
Beyond BitGo, VeChain is also partnering with Franklin Templeton and Keyrock. Franklin Templeton, a global asset manager with approximately $1.6 trillion in assets under management, is deploying its BENJI platform on VeChain to tokenize its $780 million FOBXX US Treasury money fund. Keyrock contributes liquidity provisioning, derivatives infrastructure, and a validator client, enhancing VeChain’s ecosystem further. Following these announcements, VeChain’s price experienced a modest recovery, trading around $0.0253 with potential upside gains estimated at about 33% if key resistance levels are broken.
VeChain’s application platform, VeBetter, has achieved significant milestones with 4 million active users and over 27.8 million tokenized activities recorded within its first year on the mainnet. With institutional backing and the infrastructure provided by BitGo, VeChain is positioned for continued growth and expansion. Recent infrastructural upgrades include the Stargate update, which introduced NFT-based staking and new ‘Eco Node’ tiers, and the upcoming Hayabusa testnet planned for September 2025, which aims to alleviate network congestion and enhance enterprise utility.
Franklin Templeton’s BENJI platform integration enables businesses to transact capital using tokenized government-backed liquidity on VeChain, facilitating fast, transparent settlements and minimizing counterparty risk. Although BENJI operates across multiple blockchains such as Stellar, Ethereum, and Arbitrum, VeChain offers a low-cost, enterprise-focused Layer-1 solution. Keyrock’s tools provide VeChain with institutional-grade security, compliance, and trading functionalities, reinforcing the blockchain’s robustness and attractiveness to professional investors.