PANews reported on May 23rd that according to PaymentsJournal, crypto custody company Bitgo launched the Crypto-as-a-Service (CaaS) platform to provide financial institutions with a one-stop solution for integrating crypto asset trading functions. The platform provides wallet infrastructure, API interfaces, compliance tools and insurance support to help banks and fintech companies quickly deploy crypto services. Analysts pointed out that this modular service can significantly reduce the development costs and compliance thresholds of institutions and accelerate the integration of crypto and traditional finance. Bitgo received investment from Goldman Sachs in its early days.