BitGo Launches Labs Unit With AI-Powered Gokubu Consumer App

TL;DR: BitGo has launched a research and product unit focused initially on AI and crypto. Its first projects include Gokubu, a consumer financial app that BitGo says is already live. BitGo is moving further into the application business with a new unit intended to build products on top of its digital-asset infrastructure. The company announced BitGo Labs on October 21, describing an initial focus on the intersection of artificial intelligence and crypto. The unit will develop applications and publish research, prototypes and reference implementations. Its launch includes Gokubu, which BitGo describes as a consumer app combining an AI-assisted card, a personalized financial assistant and automated rewards features. BitGo says the product is live and accepts registrations. From Financial Infrastructure To A Consumer Product The move puts a different kind of execution challenge alongside custody and other infrastructure services. An application must persuade users that its convenience is worth adopting, then deliver that convenience consistently. For an AI-assisted financial product, usefulness also depends on the boundary between suggestions and actions. Showing someone a possible sa...