Cryptopolitan
2026-01-24 15:26:20

BitGo Adds Custody Support for StorX’s SRX token as DePIN Tokens Push Further Into Institutional Rails.

StorX Network’s $SRX token has been added to BitGo’s custody platform , a move that gives the decentralized storage project access to institutional custody workflows that many funds and corporate desks require before holding assets at scale. In parallel, StorX has also enabled institutional access through Fireblocks , extending support to secure custody, treasury management, and transaction workflows used by regulated financial institutions, exchanges, and asset managers. The update was disclosed by StorX Network on January 14, 2026, positioning $SRX as increasingly compatible with institutional-grade digital asset infrastructure. https://x.com/StorXNetwork/status/2012136272450715836 Why BitGo matters for “institutional-grade” crypto BitGo is a long-standing digital asset infrastructure provider that positions its offering around regulated/qualified custody, governance controls, and operational workflows used by institutions. BitGo has also said it safeguards 600+ tokens across multiple chains and has built custody offerings designed for institutional requirements. For DePIN networks, where tokens are tied to real-world infrastructure incentives, custody support is often treated as a “plumbing” milestone : it doesn’t change the protocol, but it can make the asset easier to hold for allocators who can’t (or won’t) self-custody. Alongside BitGo custody, $SRX also offers broad self-custody wallet coverage, increasing operational accessibility for both retail and professional users. StorX’s official wallet support list includes D’CENT, Guarda, ELLIPAL, Trezor, Infinity Wallet, and ONTO Wallet, spanning mobile apps, desktop/web wallets, and hardware options. StorX has also published an integration guide for adding SRX to the Tangem app, extending SRX’s availability into another hardware-wallet ecosystem used for cold-storage-style custody workflows. On the trading side, $SRX is available on exchanges such as BTSE, Bitmart, MEXC, BingX, Biconomy, Bitrue, Coinstore, and Probit, providing liquidity across both retail and professional trading environments. Why this listing is strategically timed StorX positions itself in the DePIN segment through decentralized cloud storage , using token incentives to coordinate node operators and expand infrastructure capacity. With SRX now supported by a major custody provider, StorX can credibly pitch SRX as “institution-ready” infrastructure exposure rather than purely retail flow, particularly at a time when DePIN, as a category, is being tracked more formally by market data providers. For context, CoinMarketCap’s DePIN research has described a sector with hundreds of projects and a market cap in the tens of billions of dollars , alongside billions raised across the category, evidence that DePIN is moving from niche to investable theme for larger capital pools. What this could signal: SRX positioning for the next leg of DePIN market access From a market-structure perspective, custody is a prerequisite for several downstream channels, OTC facilitation, treasury holdings, fund mandates, and risk-managed storage for professional operators. By securing BitGo custody support, StorX can argue SRX is building the institutional “checklist” (custody → broader access → deeper liquidity), aligning with how other infrastructure tokens have historically expanded distribution. BitGo removes a major operational blocker , and that’s often how tokens transition from “tradable” to “allocatable” for institutional buyers. How StorX’s DePIN Model Operates At the protocol level, StorX Network operates a decentralized storage model in which node owners supply unused disk capacity to the network and earn $SRX rewards for providing encrypted, redundant storage services. User data is fragmented, encrypted, and distributed across multiple independent nodes, reducing reliance on centralized data centres and mitigating single-point-of-failure risks. End users, including individuals and enterprises, can access decentralized storage and backup services through StorX’s platform , while node operators are incentivized to maintain uptime and performance through protocol-level economics. This dual-sided model aligns infrastructure providers and storage consumers within a token-driven framework that is increasingly characteristic of the DePIN sector.

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