BitGo Trust Company Inc, a South Dakota-chartered trust company, is a qualified third-party Custodian. Their Custody services offer secure storage, management, and protection of diverse assets, including the management of your shares in Groundfloor.

A Custodian ensures that all investors, rather than being individual line items on Groundfloor’s cap table, are consolidated under a single line, with Bitgo Trust Company, Inc. as the single record holder.

This step of consolidating all investors under the Custodian is essential to private companies in ensuring that they are adhering to SEC guidance for the management of their Cap Table.

Your participation in the below is crucial in allowing Republic to finalize the Groundfloor campaign and issue your securities in a timely manner. Any investor that does not take the steps to open an account with BitGo will significantly delay the process of disbursing the raised funds to Groundfloor and may result in your investment being cancelled.

Remember, you have already agreed to have BitGo (formerly Brassica) hold your shares when you completed your investment. The next and final step is to open your account with BitGo, which is done entirely on the Republic platform through our integrated system.

Republic has and, will not, hold or manage Custodial accounts. Rather, Republic is helping to facilitate the process of opening your account with the Custodian, BitGo.