US custodian BitGo has announced support for two new coins, Dash (DASH) and Stellar Lumens (XLM), the company’s founder and chief executive officer Mike Belshe told Fortune on Friday.

Dash was added last week because of its ability to make “instant payments” possible for institutional investors while XLM, which focuses on “global payments more for consumers,” will be adjoined in a couple of weeks. Currently, Stellar is the sixth largest cryptocurrency by market capitalization with $4.6 billion in value while DASH ranks number 13 with $1.5 billion market cap.

Commenting on the differences between BitGo and exchanges, Belshe said that his company is entirely dedicated to secure custodian services and targets mainly large players like hedge funds while trading platform focuses on retail investors.

“Exchanges sometimes offer custodianship, but they’re not qualified custodians themselves. They&r…

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