Civic and BitGo announce a consumer mobile wallet

Civic ($CVC) announced a partnership with BitGo to build a crypto wallet that maintains anonymity while offering a back-up solution for users, CoinDesk reports. The wallet product was designed alongside Civic Identity, Identity.com, and Civic Pay to operate with BitGo’s multisig solution. BitGo primarily deals in enterprise clients, providing a secure hot wallet for institutions that perform a high volume of transactions. “Civic found a way to leverage the multisig commodity to work at the consumer level,” said Ben Chan, CTO of BitGo.