BitGo will provide Upexi, an e-commerce company, with Solana asset management services valued at over $100 million

TechFlow news, May 13 — According to The Block, cryptocurrency custodian BitGo announced a partnership with e-commerce company Upexi, providing secure custody and OTC trading services to help manage its growing Solana token holdings. Upexi recently increased its Solana position to approximately 595,000 SOL, worth about $100 million. The company plans to stake these SOL tokens to earn protocol rewards and has a $100 million investment commitment backed by GSR to purchase additional SOL.