TokenSoft, a digital asset issuance and management platform, announced that after a successful beta, it can now officially support SegWit for transactions across its suite of tools.

The TokenSoft platform will support receiving BTC directly into its client’s cold storage using SegWit. Tokensoft’s Knox Wallet also supports sending and receiving in native Bech32 SegWit addresses.

SegWit, short for Segregated Witness, is a Bitcoin protocol change that allows a different format for storing transactions to increase block usage and prevent transaction malleability. With these changes, SegWit helps solve previously limiting scale issues experienced on the Bitcoin network.

According to Diar, approximately 36 percent of blocks on average use SegWit and its share is expected to grow.