bitgo17

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.

Snapshot

Bitgo's CRO speaks at Consensus HK, following a Sharps Tech partnership and $2B+ IPO.

5H ago
TECH EVENT

Implemented real-time proof of reserves for USD1 stablecoin using Chainlink oracles to continuously pull BitGo reserves onchain every second, serving as custodian for USD1's reserves.

16H ago
VISIBILITY EVENT

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.

21H ago
VISIBILITY EVENT

Attending CryptoExpoEu conference in Bucharest on March 1-2, 2026.

4D ago
RISK ALERT

USD1 stablecoin soft-depegged to $0.99422 on 2026-02-23 during market stress before recovering to approximately $0.998–0.999.

ONCHAIN METRICS

USD1 reached $5 billion in market capitalization.

1W ago
ONCHAIN METRICS

Deployed capital decreased by 29.4% over 30 days, losing market share among RWA issuers.

VISIBILITY EVENT

Participates as Platinum Sponsor at Strategy World 2026 conference in Las Vegas.

VISIBILITY EVENT

CEO and co-founder Mike Belshe is confirmed as a speaker at Bitcoin 2026 conference.

VISIBILITY EVENT

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.

VISIBILITY EVENT

Launched a Bitcoin Treasury Course on 2026-02-18 to provide educational content on bitcoin treasury strategy, architecture, and execution.

WHALE ACTIVITY

Transferred 20,000 ETH ($39.8M) to Tom Lee's Bitmine approximately 2 hours before 2026-02-18 14:57 UTC.

VISIBILITY EVENT

Co-hosted the High Ground event during Consensus HK alongside OpenEden Labs, Morph Network, and Zoth.

TECH EVENT

Developing an SDK for self-custody bots and wallets with multi-signature functionality to enable controlled bot autonomy.

WHALE ACTIVITY

Received 1000 BTC from Cumberland Market Maker on February 14, 2026.

VISIBILITY EVENT

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.

2W ago
TECH EVENT

Supports the ETH Pectra upgrade, enabling higher validator limits and automatic staking rewards.

FINANCIAL EVENT

Filed for a $212M IPO.

PARTNERSHIP

Integrated WalletConnect Network to enable institutional self-custody wallet connections to decentralized applications across Ethereum, EVM networks, and Solana.

VISIBILITY EVENT

CEO Mike Belshe appeared on CNBC live from Bitcoin Investor Week in NYC on February 10, 2026.

PARTNERSHIP

Partners with InvestiFi CUSO for digital asset trading for banks and credit unions across all 50 US states, using Custody-as-a-Service (CaaS) infrastructure with OCC-chartered federal oversight.

PARTNERSHIP

provides custody services for the Sei Network ecosystem as part of institutional infrastructure supporting tokenized treasuries and RWA deployment

VISIBILITY EVENT

Will exhibit at iFX EXPO in Dubai from February 10-12, 2026 at Booth 35.

PARTNERSHIP

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.

3W ago
VISIBILITY EVENT

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.

PARTNERSHIP

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.

TEAM UPDATE

Hiring Product Designers with 3+ years of experience in San Francisco, New York City, Toronto, and India.

FINANCIAL EVENT

IPOs at a valuation of $2 billion or more

TEAM UPDATE

Banned employee profiles on LinkedIn in 2025 as a security measure and implemented a policy requiring physical meetings before hiring.

1M ago
FINANCIAL EVENT

Completed an initial public offering (IPO), with shares trading up 25% from the offering price.

FINANCIAL EVENT

Raised $212M in a pre-IPO funding round in January 2026.

MARKET ACTIVITY

Shares fell below their IPO price on the second day of trading.

FINANCIAL EVENT

Completed initial public offering (IPO) and began trading on the New York Stock Exchange (NYSE) with backing from YZi Labs.

OPINION SPECULATION

BitGo CEO stated on CNBC that Bitcoin is a great store of value that will keep going up over time.

FINANCIAL EVENT

IPO is available for purchase on Solana through Ondo Finance.

MARKET ACTIVITY

Listed on the New York Stock Exchange on January 22, 2026.

ONCHAIN METRICS

Holds 2,369 Bitcoin on the balance sheet as of January 2026.

OPINION SPECULATION

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.

VISIBILITY EVENT

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

PARTNERSHIP

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.

ONCHAIN METRICS

Achieved $10 billion in revenue in 2025.

VISIBILITY EVENT

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).

WHALE ACTIVITY

Three wallets withdrew $278,700,000 in BTC from BitGo on January 7, 2026.

ONCHAIN METRICS

Holds over $100 billion in assets under custody.

PARTNERSHIP

Partners with NYU Langone Health to power their digital asset donation infrastructure.

2M ago
PARTNERSHIP

Partners with Voltage to provide institutional custody services for Bitcoin Lightning Network transactions.

Holds OCC license as a federally chartered trust bank in the US and BaFin license as a regulated crypto services provider in the EU.

Received full OCC approval to convert into 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 named issuer and custodian for FYUSD, a GENIUS Act-compliant stablecoin for institutional investors in Asia with a programmable layer for agentic AI commerce.

Expanded 21Shares partnership to provide staking, custody, and trading infrastructure for crypto ETFs and ETPs across US and EMEA. Serves as custodian for 21Shares XRP ETF (TOXR) with Coinbase and Anchorage Digital Bank.

Lists USD1 stablecoin powered by BitGo infrastructure, converting BUSD collateral to USD1, with BNB, ETH, and SOL trading pairs. Supports USD1 with a 235 million WLFI token airdrop for USD1 holders.

iBERA integrates BitGo as qualified custodian on Berachain, becoming the first and only liquid staking token with institutional-grade custody infrastructure for BERA staking.

BitGo becomes official ecosystem partner for Tempo, a payments-focused Layer 1 blockchain, providing institutional infrastructure including wallets, token vesting, grant management, developer tooling, and stablecoin issuance capabilities.

BitGo provides custody and wallet infrastructure for USDA's fiat gateway expansion to 50 markets on Cardano through partnership with Anzens.

BitGo attends Solana Breakpoint conference in Abu Dhabi December 11-13, focusing on secure infrastructure solutions for Solana builders and institutions.

BitGo adds institutional-grade custody support for USDi, an inflation-protected stablecoin, with service now live and available for clients.

BitGo operates as a VARA-regulated custodian in UAE, offering compliant staking services and conducting business meetings in Abu Dhabi to expand in the MENA region.

BitGo provides custody integration for iBERA, Infrared Finance's liquid staking token on Berachain, targeting institutional users.

BitGo brings native WBTC to Sui blockchain through LayerZero infrastructure, enabling crosschain movement with gas-only fees and no wrappers.

Bitmine purchases 41,946 ETH ($130 million) through BitGo and FalconX today, with total weekly purchases of 97,649 ETH ($296 million).

BitGo backs Beyond, a Bitcoin bridge project that connects BTC to over 140 blockchains, alongside other investors including Animoca and BNB Chain.

BitGo partners with Goobit (Sweden's first Bitcoin company and BTCX operator), with BitGo Europe providing digital asset infrastructure for Nordic market operations.

BitGo integrates USDA as one of the first supported Cardano Native Tokens on its platform, providing institutions with access to the Cardano DeFi ecosystem.

Ten newly created wallets receive 2,612 BTC worth $231 million from BitGo in the past week.

BitGo partners with Hypha to provide institutional-grade Avalanche staking access.

3M ago

A newly created wallet associated with Bitmine receives 20,532 ETH worth $62.85 million from BitGo.

Bitmine receives 14,618 ETH ($44.34M) from BitGo.

Added support for 28 new blockchains in 2025, strengthening infrastructure for institutional digital assets.

BitGo adds custody support for FBTC, a 1:1 Bitcoin-backed asset from Function Bitcoin, allowing institutional clients to custody FBTC alongside native BTC. BitGo partners with Somnia Network to provide custody, staking, and node infrastructure services.

A newly created wallet received 1,300 BTC ($120.6M) from BitGo over the past 6 hours.

BitGo serves as custodian for 21shares' Canton Network ETP ($CANTN), the first ETP offering exposure to Canton Network, now trading on Euronext Amsterdam and Paris. BitGo transfers 24,827 ETH ($72.52M) to a Bitmine-linked wallet.

New Hampshire's $100M Bitcoin-collateralized bond program launches and becomes operational, with borrowers required to post 160% collateral in BTC held by BitGo as custodian and liquidation triggering at 130%.

New Hampshire becomes the first state to approve a $100 million Bitcoin-collateralized municipal bond with BitGo serving as custodian, allowing companies to borrow against over-collateralized Bitcoin without selling or triggering taxes.

BitGo filed an IPO to become a publicly traded company.

WBTC becomes available on the Hedera network through collaboration between BitGo, LayerZero, and Hedera Foundation.

BitGo transfers 23,521 ETH worth $83.17 million to a newly created wallet belonging to Bitmine Immersion.

Antitrust lawsuit between BitGo and Coinbase over BTC wrappers has been dropped, resolving the legal dispute.

Launches Crypto Treasuries product providing regulated custody framework for BTC, ETH, stablecoins, and staked assets.

Adds custody support for stETH and stAVAX staking assets for clients.

4M ago

BitGo facilitates Bitmine's accumulation of 61,264 ETH ($248 million) this week alongside FalconX, demonstrating active institutional usage for large-scale ETH transactions.

BitGo launches JitoSOL custody with full minting, burning, staking, and unstaking support for Registered Investment Advisors and institutions accessing Solana DeFi.

Selected as custodian for 21Shares spot HYPE ETF (SEC S-1 filing) and adds Canton Coin custody support for US institutions.

Serves as qualified custodian for CanaryFunds' newly launched Litecoin and Hedera spot ETFs, and provides custody and digital asset infrastructure for Reliant's RAMFi payment platform.

Participates as institutional custodian in Circle's Arc public testnet launch, joining an ecosystem that includes major global financial institutions, payment companies, and blockchain infrastructure providers across multiple continents.

Featured in Messari State of Stacks H1 2025 report for integration with Stacks ecosystem, joining Jump Crypto, Hex Trust, and Copper.

BitGo secures $30 million crypto treasury management deal with Qualigen Therapeutics, following the recent launch of its Crypto Treasuries product.

Adds institutional custody services for $ASTER token from Aster_DEX.

Joins @blockchainssc security standards organization to help build infrastructure and advance security practices for the digital asset industry.

BitGo provides Qualified Custodian services for $HYPE token, joining Anchorage and other institutional providers supporting the asset.

BitGo announces strategic collaboration with Crescite to explore faith-based blockchain initiatives, including potential custody and reserve management for proposed Catholic USD stablecoin.

Launches Crypto Treasuries product providing regulated framework for traditional corporate treasuries to manage digital assets including BTC, ETH, stablecoins, and staked assets under qualified custody.

BitGo serves as a distribution provider for FTX bankruptcy claims, handling creditor distributions alongside Kraken and Payoneer.

Participates in Wall Street on Chain at the New York Stock Exchange, the first blockchain event in NYSE history, joining industry leaders and institutions.

BitGo launches 24/7 trading access for European clients with spot and OTC market capabilities.

Canary Capital files SUI ETF for Cboe listing with BitGo handling custody through multi-key cold storage, marking BitGo's expansion into SUI cryptocurrency custody services beyond its existing ETH and BTC operations.

BitGo processes additional 72,898 ETH ($279M) custody transfer to BitMine in past 5 hours from FalconX and BitGo, bringing BitMine's weekly total accumulation to 203,433 ETH ($800M) at $3,935 average price.

BitGo processes $417M ETH custody transaction as BitMine adds 104,336 ETH to its treasury via Kraken and BitGo.

Sponsors and attends DigiAssets US 2025 institutional conference in Miami on October 20-21, focused on tokenization, ETFs, custody, and compliance for asset managers, hedge funds, private banks, and regulators.

BitGo announces Crypto Treasuries, a regulated framework for institutional holding of BTC, ETH, stablecoins, and staked assets under qualified custody and governance controls.

BitGo files for a bank charter in 2025 as one of over 20 crypto firm applications, seeking direct Federal Reserve payment rail access, custody rights, and the ability to issue fully-collateralized stablecoins under the GENIUS Act framework.

BitGo partners with StableX to custody $100M digital asset treasury and provide trading platform support for acquisitions.

BitGo becomes the first custodian to integrate Narval's DeFi Gateway, enabling institutional access to DeFi while maintaining qualified custody.