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Articles from BitGo

BitGo and Upexi Announce Strategic Partnership to Secure Digital Asset Treasury Holdings
BitGo, the leading infrastructure provider of digital asset solutions, today announced a strategic partnership with Upexi Inc. (NASDAQ: UPXI), a brand owner specializing in the development, manufacturing and distribution of consumer products with diversification into the cryptocurrency space.
By BitGo · Via Business Wire · May 13, 2025
BitGo’s Strategic Partnership with Republic Expands Access to Private Equity Investments for All Investors
BitGo Trust Company, Inc., a leading infrastructure provider of digital asset solutions, has partnered with Republic, the market-leading private investing platform for alternative assets, to break down barriers to institutional-grade investments, making them accessible to all levels of investors, including retail and non-accredited participants. BitGo’s innovative services are strengthening Republic’s blockchain powered infrastructure to support secure and seamless investments in private markets.
By BitGo · Via Business Wire · March 27, 2025
BitGo Solidifies Position as the World’s Largest Staking Platform with $48B in Assets Staked
BitGo, the leader in institutional digital asset custody, has officially secured its position as the largest staking platform by Total Value Locked (TVL), with $48 billion staked. As the trusted backbone of the digital asset economy, BitGo continues to redefine staking with security, scalability, and unmatched asset coverage.
By BitGo · Via Business Wire · February 27, 2025
BitGo and Copper Launch First Trading Model with Off-Exchange Settlement from Qualified Custody, Featuring Deribit
BitGo Trust Company, Inc., a leading infrastructure provider of digital asset solutions, and Copper, a leader in digital asset custody, collateral management and prime services, today announced the launch of their first-of-its-kind trading and settlement solution. This solution enables clients to trade on Deribit, a leading derivatives exchange, while their assets are secured off-exchange in qualified custody with BitGo Trust, with trades automatically settled via Copper’s ClearLoop and BitGo’s Go Network infrastructure.
By BitGo · Via Business Wire · February 20, 2025
BitGo Launches OTC Trading Desk with Integrated Trading, Derivatives, Lending and Qualified Custody
BitGo, the leading provider of digital asset infrastructure and the world’s largest independent qualified custodian, today announced the launch of its comprehensive OTC trading desk. The platform has operated in stealth mode since early 2024 and has already processed billions in trading volume and has built a lending book of over $150M that services leading asset managers.
By BitGo · Via Business Wire · February 18, 2025
BitGo to Assist the FTX Debtors in Distributing Recoveries
BitGo, the leading digital asset custody and security platform trusted by institutions since 2013, today announced it has entered into an agreement with FTX Trading Ltd. (“FTX”) and its affiliated debtors (the “FTX Debtors”) to assist in distributing recoveries to both retail and institutional customers in supported jurisdictions in accordance with the U.S. bankruptcy court-approved FTX Chapter 11 Plan of Reorganization.
By BitGo · Via Business Wire · December 16, 2024
BitGo Launches Comprehensive Retail Platform
BitGo, the leading infrastructure provider of digital asset solutions trusted by institutions since 2013, today announced the official launch of its dedicated retail platform, providing retail customers access to BitGo’s comprehensive suite of regulated and secure digital asset trading, staking, wallets, and qualified custody services.
By BitGo · Via Business Wire · December 2, 2024
BitGo Appoints Former Silvergate President Ben Reynolds to Lead USD Standard Stablecoin
BitGo today announced the appointment of Ben Reynolds as Managing Director and Head of USD Standard. In this role, Ben will oversee the growth of BitGo’s USD Standard stablecoin and lead efforts to drive global adoption.
By BitGo · Via Business Wire · November 1, 2024
BitGo Introduces A New Standard for Stablecoins: Meet USDS
BitGo, the leading digital asset custodian, is pleased to announce the launch of USDS: The USD Standard, a groundbreaking 1:1 USD-backed stablecoin that aims to transform the digital asset landscape by prioritizing fairness, transparency, and market neutrality.
By BitGo · Via Business Wire · September 19, 2024
A Decade of Excellence: BitGo's 10-Year Journey in Crypto and Forward Focus
BitGo’s mission is to deliver trust in digital assets. Over the course of the last decade, we have provided institutional-grade, regulated, and scalable wallets to large fintech and crypto platforms, global brands, institutions, governments, and developers.
By BitGo · Via Business Wire · April 10, 2023
BitGo Reacts to Receipt Of Galaxy Digital’s Notice of Merger Termination
BitGo, the market leader in digital asset financial services, today said that it intends to hold Galaxy Digital legally responsible for its improper decision to terminate the merger agreement with BitGo, which was not scheduled to expire until December 31, 2022, at the earliest and to not pay the $100 million reverse break fee it had promised back in March 2022 in order to induce BitGo to extend the merger agreement. Galaxy informed BitGo of both decisions this past Friday. BitGo said it has hired litigation powerhouse Quinn Emanuel to take appropriate legal action.
By BitGo · Via Business Wire · August 15, 2022
BitGo Announces Promotion of Chen Fang to Chief Operating Officer and Appointment of Victor Tsou to Vice President of Engineering
BitGo, the leader in digital asset financial services, today announced the promotion of Chen Fang to Chief Operating Officer and the appointment of Victor Tsou to Vice President of Engineering. Mr. Fang and Mr. Tsou will be responsible for driving BitGo’s operational strategy and execution as the company continues to deliver institutional-grade custodial, trading and finance solutions to investors, fintech firms, and crypto native platforms that own digital assets. Mr. Fang and Mr. Tsou will both report to Mike Belshe, CEO of BitGo.
By BitGo · Via Business Wire · August 2, 2022
BitGo Launches First NFT Comprehensive Custody Solution for US Institutions
BitGo, the leading digital asset custody, liquidity and security provider, today announced the launch of their non-fungible tokens (NFT) hot wallet and custody solution.
By BitGo · Via Business Wire · June 22, 2022
BitGo Launches 24/7 Withdrawal Support to Maximize Access and Security for Customers
BitGo, the leader in digital asset financial services, today announced the launch of 24/7 withdrawal support, a first-of-its-kind solution that provides the company’s 700+ clients the ability to transact at any time with the security of holding their digital assets in cold storage.
By BitGo · Via Business Wire · March 17, 2022
BitGo Announces Over $64 Billion in Assets Under Custody and Appoints Cassandra Lentchner as President of BitGo Trust Companies.
BitGo, the leader in digital asset financial services, has exceeded $64 billion in digital assets under custody (AUC). As institutional interest in digital assets continues to grow and volumes on crypto platforms surge, top investors and crypto native firms are seeking institutional-grade custody and self custody solutions alongside financial infrastructure to safely and securely transact, store and lend their digital assets.
By BitGo · Via Business Wire · November 15, 2021
BitGo Appoints Cassandra Lentchner Chief Operating Officer for the BitGo Trust Companies
BitGo, the leader in digital asset financial services, today announced that Cassandra “Cassie” Lentchner has been appointed Chief Operating Officer (COO) for the BitGo Trust Companies subject to regulatory approval.
By BitGo · Via Business Wire · May 18, 2021
BitGo Awarded Contract to Safeguard Digital Assets for the U.S. Marshals Service
BitGo, the leader in digital asset financial services, announced today, it was awarded a contract to custody digital assets for the U.S. Marshals Service (USMS). BitGo was selected for its institutional-grade qualified custody solutions.
By BitGo · Via Business Wire · April 23, 2021
BitGo Secures Over $700M of Cold Storage Insurance Capacity
BitGo, the leader in digital asset financial services, announced today it has surpassed $700M of total Crime/Excess Specie insurance capacity.
By BitGo · Via Business Wire · April 21, 2021