what's bitgo?
BitGo is a leading digital asset infrastructure company specializing in secure custody solutions for cryptocurrencies and other digital assets. Founded in 2013 and headquartered in Palo Alto, California, BitGo provides institutional-grade services including qualified custody, multi-signature wallets, staking, trading, and stablecoin issuance. The company uses advanced security measures like cold storage, hardware security modules, and regulatory compliance to protect client assets, serving exchanges, funds, and enterprises in the crypto ecosystem. BitGo's platform supports a wide range of assets across major blockchains, enabling seamless management of hot and cold wallets, self-custody options, and integration with DeFi protocols. It holds licenses such as a trust company charter in the US and BaFin regulation in Europe, ensuring bankruptcy-remote protection and insurance for stored assets. BitGo also powers wrapped Bitcoin (WBTC) as its custodian, facilitating Bitcoin's use in Ethereum-based applications. Through innovations like Stablecoin-as-a-Service and scalable trading infrastructure, BitGo accelerates the adoption of digital assets in traditional finance. The company has expanded globally, supporting over 1,000 assets and partnering with major players to build secure bridges between fiat and crypto worlds.
BitGo selected by IXS for BTC collateral custody; CEO speaks, hosts events, partners for funding.
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x.com/bitgoSelected by IXS to custody bitcoin collateral for its institutional product suite, enabling institutions to unlock USD liquidity against BTC and deploy into tokenized RWAs.
Partners with Meet the Drapers for a pitch event during Bitcoin Conference week in Las Vegas on 2026-04-27, where crypto/Web3/blockchain startups can compete for up to $1M in funding with application deadline on 2026-04-19.
CEO Mike Belshe is speaking on a panel about embedding digital assets into institutional portfolios at Paris Blockchain Week on April 15, 2026 at 5:00PM on the Master Stage.
Hosts "Breakfast with BitGo" event in Las Vegas featuring buffet breakfast, 2718 Fund, and AI demonstrations.
Transferred 115 million tokens worth $15.81 million from a BitGo custody wallet, with 68.51 million tokens ($8.32 million) subsequently deposited to Binance and Bybit on April 11, 2026.
Powers AndX Global's regulated U.S. digital asset trading platform through integration of Crypto-as-a-Service infrastructure.
Partnered with Cantina Security to launch a Web3 bug bounty program inviting independent security researchers to find vulnerabilities in BitGo's smart contracts.
Enabled institutions to earn rewards on USDe from Ethena through BitGo's custody service with monthly rewards, no staking requirements, and no lockups.
Serves as custodian for Grayscale's Bittensor Trust ETF (GTAO) on NYSE Arca alongside Coinbase, as disclosed in S-1 Amendment No. 1.
Hosts High Roller Summit at Bitcoin 2026 in Las Vegas at the Venetian, with Simon Griffin (SoFi) and Bill Cannon (CoinShares ETF).
Launched integration with Tempo to provide security infrastructure for their payment platform.
Sold 45,000 ETH (valued at $95.3 million) from BitGo to Bitmine.
Provides custody and liquidation agent services for New Hampshire Business Finance Authority's $100M Moody's-rated (Ba2) taxable revenue Bitcoin-backed bonds for CleanSpark and Waverose Finance Project. Holds BTC in segregated cold storage with initial 1.60x coverage, subject to 140% LTV liquidation triggers, maturing 2029.
Partners with Kazakhstan Stock Exchange to integrate digital assets and blockchain technology into the exchange's market infrastructure.
Launched institutional lending platform with portfolio-based crypto collateral, supporting locked tokens and staked positions.
Integrated WalletConnect functionality enabling direct interaction with over 100 dApps including Aave, Uniswap, Pendle, Fluid, Hyperliquid, and Morpho from BitGo self-custody wallets.
Reached over $3 billion in notional trading volume since January 2026 from institutional clients.
CEO Mike Belshe appeared on Yahoo Finance on March 27, 2026.
Received $23M in custody from TRUMP token team ahead of likely exchange deposits.
Partnered with ZKsync to enable banks to issue, transfer, and settle tokenized deposits, integrating with existing banking operations.
Provides qualified custody infrastructure for Haven Digital Partners' institutional peer-to-peer lending marketplace on Canton Network, supporting CIP-56 token standard assets including Canton Coin, USDCx, and cBTC.
Sponsored EthCC[9] as a SAPPHIRE-tier sponsor and attends EthCC March 30-April 2, 2026.
Received conditional OCC national trust charter under OCC Bulletin 2026-4; integrated with Fold App for bitcoin trading.
Selected as custody partner for Solana Developer Platform, providing multi-sig, MPC, policy controls, and cold storage; supports Base, Optimism, and BNB Chain.
Launched institutional, collateralized OTC prediction markets on BitGo Prime with Susquehanna Crypto, covering elections, sports, macro, and crypto outcomes, supporting BTC, SOL, USDC, USDT collateral, with cold storage settlement.
Participates at Blockworks DAS conference in New York City from March 24-26, 2026.
Launched MCP Server integrating institutional crypto custody and wallets into AI agents and LLMs, enabling natural language tasks like wallet exploration and webhooks.
Provides qualified custody services for BTC and sBTC on Stacks as part of institutional infrastructure integration.
Attending CAC26 (Crypto Assets Conference) hosted by Deutsche Börse Group and Frankfurt School of Finance & Management, and Digital Euro Conference 2026, both in Frankfurt on March 25, 2026.
Partnered with Sui Foundation, Bullish, FalconX, Ledger, and Cubist for Hashi, a native BTC-backed lending primitive on Sui, acting as institutional crypto custodian and wallet infrastructure provider and enabling cross-chain collateral management. Devnet launched 2026-03-19.
Became first qualified custodian for X Layer network (built by OKX), supporting the X Layer token standard for enterprises, RWA projects, and institutions.
Serves as a distribution partner for FTX Recovery Trust's fourth creditor distribution of $2.2B, starting March 31, 2026, alongside Kraken and Payoneer, contributing to over $8B in total recoveries.
Will attend Fintech Americas conference in Miami from March 24-26, 2026 at the Fontainebleau.
COO Jody Mettler speaks at the American Banker On-Chain Executive Summit in New York City on 2026-03-20 at 9:05 AM EST.
CEO Mike Belshe appeared on Bloomberg TV on March 17, 2026.
Sponsors the Day 2 Luncheon at Crypto Peaks conference in Lake Tahoe, scheduled for March 18-20, 2026.
Secured a full Broker-Dealer license in Dubai.
Powered the first stablecoin-based cross-border transaction from the US to 80 countries for Wizz Financial using institutional wallet infrastructure and e-trade services.
Presents at MERGE São Paulo on March 17-18, 2026, with Managing Director for LatAm Luis Ayala discussing digital asset banking strategies in Brazil alongside leaders from Itaú and BCP.
Joined Ubyx as an investor and settlement agent for regulated digital asset settlement infrastructure.
Serves as Lead Sponsor for EthMumbai hackathon taking place on 2026-03-12 through 2026-03-15, with booth presence and prizes for developers building with BitGo infrastructure.
Partnered with Stable Sea for institutional-grade onchain treasury solutions, serving as custodian for StableX's $100M stablecoin token treasury, with OTC desk handling trade execution and Crypto-as-a-Service providing regulated, insured custody.
Participates in the Stockholm Forum on 2026-03-12 to discuss on-chain settlement and MiCAR-compliant stablecoins with Nordic institutions.
Attends Smart Summit in Rio on 2026-03-12 to 2026-03-13 with team presence for networking and engagement in the LatAm market.
Executive Director of Fintech Sales Frank Wang participates in an InvestiFi session on 2026-03-11 at 11 AM to discuss regulatory, risk, and market trends for financial institutions in digital assets.
Secured dual BaFin authorization for BitGo Europe, including MiCAR and PSD2/ZAG licenses for EMT payment services, and added BaFin-regulated market maker tradias to its institutional liquidity network for EUR, GBP, USD pairs.
Received nine Hedgeweek Global Award nominations for 2026 across Custodian of the Year (Global, US, APAC, EMEA, Innovation), Prime Broker of the Year (Global, US, EMEA), and Staking Provider of the Year categories.
First-half 2025 revenue hit $4.2B, representing a 275% year-over-year increase.
Launched BitGo Mint platform on April 6, 2026, for institutions to mint, redeem, and manage digital assets with regulated custody, compliance, and reporting. Initially supports USD1 and SoFiUSD stablecoins, facilitating SoFi's $20B business banking launch on Solana with Mastercard.
Attending PolicyWeek 2026 conference in Sydney, Australia from March 9-13, 2026.
Added qualified custody services for Fidelity Digital Dollar (FIDD) stablecoin, enabling client access to the Fidelity-backed asset.
Transferred 1,298.46 BTC ($86.4M) to 3 newly created wallets on March 3, 2026.
Attending Asobancaria conference in Colombia on 2026-03-05 to 2026-03-06 to discuss digital asset infrastructure.
Launched real-time onchain Proof of Reserves for USD1 stablecoin, issued by World Liberty Financial, integrating Chainlink oracles for updates every second and BitGo for custody services. Deepened BitGo integration throughout Q1 2026.
Participates in the Web3 Banking Symposium in Zürich hosted by Crypto Valley, scheduled to begin on 2026-03-02, with agenda topics including stablecoins, tokenization, and Web3 in banking infrastructure.
Attending CryptoExpoEu conference in Bucharest on March 1-2, 2026.
USD1 stablecoin soft-depegged to $0.99422 on 2026-02-23 during market stress before recovering to approximately $0.998–0.999.
USD1 reached $5 billion in market capitalization.
Deployed capital decreased by 29.4% over 30 days, losing market share among RWA issuers.
Participates as Platinum Sponsor at Strategy World 2026 conference in Las Vegas.
CEO and co-founder Mike Belshe is confirmed as a speaker at Bitcoin 2026 conference.
Participates in a panel discussion titled "Digital Assets: Transition into Traditional Finance Ecosystem" at iConnections Global Alts conference on 2026-02-25 at 2:40 PM, alongside representatives from Pantera Capital and ClearStreet LLC Digital.
Launched a Bitcoin Treasury Course on 2026-02-18 to provide educational content on bitcoin treasury strategy, architecture, and execution.
Transferred 20,000 ETH ($39.8M) to Tom Lee's Bitmine approximately 2 hours before 2026-02-18 14:57 UTC.
Co-hosted the High Ground event during Consensus HK alongside OpenEden Labs, Morph Network, and Zoth.
Developing an SDK for self-custody bots and wallets with multi-signature functionality to enable controlled bot autonomy.
Received 1000 BTC from Cumberland Market Maker on February 14, 2026.
Co-Founder and CEO Mike Belshe is scheduled to appear at the World Liberty Financial Forum (#WLF2026) at Mar-a-Lago on 2026-02-18.
Supports the ETH Pectra upgrade, enabling higher validator limits and automatic staking rewards.
Raised $212.8M from an IPO at a $2.1B valuation, becoming the first digital asset company to go public in 2026.
Integrated WalletConnect Network to enable institutional self-custody wallet connections to decentralized applications across Ethereum, EVM networks, and Solana.
CEO Mike Belshe appeared on CNBC live from Bitcoin Investor Week in NYC on February 10, 2026.
Obtained conditional national trust bank charter from OCC, becoming the first publicly traded company to enable digital asset trading, custody, stablecoin issuance, and financial services across all 50 states without state licensing. Partners with InvestiFi CUSO for banks and credit unions using CaaS infrastructure.
provides custody services for the Sei Network ecosystem as part of institutional infrastructure supporting tokenized treasuries and RWA deployment
Will exhibit at iFX EXPO in Dubai from February 10-12, 2026 at Booth 35.
Announced partnership with Justin Sun's BiT Global in August 2024 to provide multi-signature custody for wBTC across United States, Singapore, and Hong Kong.
CRO Chen Fang is scheduled to participate in a fireside session at Consensus Hong Kong on February 11, 2026 at 1:55 PM at HKCEC Convergence Stage.
Partnered with Sharps Technology (NASDAQ: STSS) to provide custody services and Solana validator services for STSS's treasury strategy, which holds over 2 million SOL.
Hiring Product Designers with 3+ years of experience in San Francisco, New York City, Toronto, and India.
IPOs at a valuation of $2 billion or more
Banned employee profiles on LinkedIn in 2025 as a security measure and implemented a policy requiring physical meetings before hiring.
Completed an initial public offering (IPO), with shares trading up 25% from the offering price.
Raised $212M in a pre-IPO funding round in January 2026.
Shares fell below their IPO price on the second day of trading.
Debuted on New York Stock Exchange (NYSE) via initial public offering (IPO) with backing from YZi Labs.
BitGo CEO stated on CNBC that Bitcoin is a great store of value that will keep going up over time.
IPO is available for purchase on Solana through Ondo Finance.
Listed on the New York Stock Exchange on January 22, 2026.
Holds 2,369 Bitcoin on the balance sheet as of January 2026.
Analysis questions BitGo's ability to sustain profitability through market cycles, citing dependency on SUI staking revenue (71.6% of staked assets) which has declined 52% since the initial S-1 filing, and subscription revenue that covers only 56.6% of operating expenses.
co-hosts a roundtable titled "Beyond MiCA: Stablecoins, Infrastructure & the GENIUS Era" with Nordic Blockchain Association at the World Economic Forum in Davos on 2026-01-20 through 2026-01-24
Integrates with Figure's OPEN platform for native onchain stock trading alongside Jump Trading, serving as independent trust layer for blockchain-native equity settlement with regulated custody. Figure is first to list shares on Provenance Blockchain.
Achieved $10 billion in revenue in 2025.
Will present at CFC St. Moritz conference with sessions on institutional Bitcoin (January 14, 2026 at 17:15) and privacy & security (January 15, 2026 at 09:55).
Three wallets withdrew $278,700,000 in BTC from BitGo on January 7, 2026.
Assets under custody grew from $30.8B in 2024 to over $104B by September 2025.
Partners with NYU Langone Health to power their digital asset donation infrastructure.
Partners with Voltage to provide institutional custody services for Bitcoin Lightning Network transactions.
Holds OCC, BaFin, and MiCAR licenses; launched MiCA-compliant Crypto-as-a-Service across all 30 EEA countries.
Received full OCC approval as a federally chartered national trust bank by late 2025, enabling custody of crypto, stablecoin issuance, and reserve management. Became the first publicly traded, federally chartered digital asset infrastructure firm, and issuer and custodian for FYUSD, a GENIUS Act-compliant stablecoin for institutional investors in Asia with a programmable layer for agentic AI commerce.