BitGo Adds Custody for StorX SRX, Pushing DePIN Toward Institutional Access
StorX Network’s SRX token has been added to BitGo’s institutional custody platform, with parallel support from Fireblocks, enabling regulated custody, treasury and transaction workflows required by funds, exchanges and asset managers. Announced January 14, 2026, the listings position SRX as more “institution-ready,” complementing existing self-custody support (Trezor, ELLIPAL, D’CENT, Guarda, Infinity, ONTO and Tangem integration guidance) and exchange liquidity on BTSE, Bitmart, MEXC, BingX, Biconomy, Bitrue, Coinstore and Probit. Custody by BitGo — a provider that already securitizes 600+ tokens — removes an operational barrier for institutional allocation, opening channels for OTC, treasury holdings and fund mandates. The move is timed amid growing attention on DePIN (decentralized physical infrastructure networks), a sector tracked by market data providers and described as having hundreds of projects and tens of billions in market cap. StorX’s decentralized storage model rewards node operators with SRX for providing encrypted, distributed storage, aligning token economics with infrastructure growth. For traders, the BitGo and Fireblocks additions may increase institutional demand expectations and liquidity profile for SRX, potentially reducing custody-related flows and volatility while improving suitability for larger allocations.
Bullish
Adding BitGo and Fireblocks custody is a constructive, market-structure development for SRX. Custody by reputable providers removes an operational and compliance hurdle that typically prevents institutional desks, funds and exchanges from allocating capital to a token. Historically, custody listings correlate with increased institutional inflows, improved over-the-counter activity, and deeper liquidity — all of which can support price appreciation or reduced sell-side pressure. In the short term, expect modest bullish pressure on SRX as market participants price in improved institutional accessibility and potential demand from funds that require qualified custodians. Volatility may temporarily spike on news-driven trading but should dampen as larger, risk-managed holders establish positions. In the medium-to-long term, custody support facilitates treasury management, fund inclusion and OTC trades that deepen liquidity and reduce execution risk, improving SRX’s suitability for allocation by asset managers. However, impact size depends on actual institutional uptake, continued exchange liquidity, and broader DePIN sentiment; if adoption remains limited, the effect will be muted. Comparable precedents include infrastructure tokens that gained traction after custody and exchange onboarding — such steps did not guarantee sustained rallies but materially improved institutional distribution pathways.