DealsMay 22, 2026, 05:12 PM
Teucrium Fund Secures BitGo for Bitcoin Custody & Trading
AI Summary
The 7RCC Spot Bitcoin and Carbon Credit Futures ETF, a series of Teucrium Commodity Trust, entered into two material agreements. On May 18, 2026, it signed a Custodial Services Agreement with BitGo Bank & Trust, National Association, for the safekeeping of its bitcoin holdings. Additionally, on May 22, 2026, the Fund executed a Master Purchase Agreement with BitGo Prime, LLC, an affiliate of BitGo, to serve as a Bitcoin Trading Counterparty, facilitating spot digital asset transactions without commissions or fees. These agreements establish key infrastructure for the Fund's operations.
Key Highlights
- 7RCC Spot Bitcoin and Carbon Credit Futures ETF signed Custodial Services Agreement with BitGo Bank & Trust on May 18, 2026.
- BitGo will establish and maintain segregated custody accounts for the Fund's bitcoin holdings.
- The custodial agreement has an initial one-year term, with automatic renewals.
- The Fund signed a Master Purchase Agreement with BitGo Prime, LLC on May 22, 2026.
- BitGo Prime will serve as a Bitcoin Trading Counterparty for the Fund.
- The Fund will not pay commissions or transaction fees for trading with BitGo Prime.
- Trading services will be settled using BitGo Trust Settlement Services.
Price Impact
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