Overview
- Qualigen announced a strategic partnership with BitGo to execute its C10 corporate treasury strategy.
- The plan targets accumulation of a market‑cap‑weighted basket of the top 10 cryptocurrencies, excluding stablecoins.
- BitGo will provide OTC execution for trades and safeguard the assets in secure, regulated cold storage.
- The company cited a $30 million multi‑asset allocation, with BitGo’s CEO calling it evidence of growing enterprise adoption.
- QLGN rose about 62.6% in after‑hours trading following the news, as disclosures also flagged Nasdaq listing and filing compliance risks.