bitgo08

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.

18H ago
VISIBILITY EVENT

Attended Bitcoin Investor Week in NYC on February 10, 2026.

22H ago
PARTNERSHIP

Partners with InvestiFi_CUSO to enable digital asset trading for banks and credit unions across all 50 US states using BitGo's Custody-as-a-Service (CaaS) infrastructure with OCC-chartered federal oversight.

1D ago
PARTNERSHIP

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

2D ago
VISIBILITY EVENT

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

3D ago
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.

5D 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.

6D ago
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.

1W ago
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.

2W ago
FINANCIAL EVENT

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

FINANCIAL EVENT

Raised $212.8M in funding.

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.

3W ago
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

Backs Figure's OPEN platform for native onchain stock trading alongside Jump Trading, with Figure becoming the first company to list shares on Provenance Blockchain.

1M ago
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

Platform holds over $100 billion in assets.

PARTNERSHIP

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

PARTNERSHIP

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

BitGo meets all conditions for full OCC approval shortly after the initial announcement and becomes a fully licensed national trust bank for digital assets, upgrading from the conditional approval status.

BitGo receives conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to convert into a federally chartered national trust bank (BitGo Bank & Trust, National Association), part of broader OCC approvals for crypto firms including Ripple, Circle, Paxos, and Fidelity Digital Assets.

BitGo serves as custodian for 21Shares XRP ETF (ticker TOXR) launched on CBOE Exchange, alongside Coinbase and Anchorage Digital Bank.

Binance lists USD1 stablecoin powered by BitGo infrastructure, opening trading pairs with BNB, ETH, and SOL, and converting BUSD collateral to USD1.

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

2M ago

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.

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.

3M ago

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.

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.

4M ago

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

The SEC issues staff guidance allowing investment advisers to use state-chartered trust companies as qualified custodians for crypto assets under the Investment Advisers Act, explicitly recognizing BitGo among qualified custodians and expanding market access for institutional crypto custody.

BitGo announces partnership with Berachain to enable institutional access at launch through custody and operational services.

Company expands strategic focus to become a gateway to on-chain yield generation services, moving beyond traditional custody as discussed at Bitcoin Fusion conference.

Institutional custody for Zero Gravity ($0G) token is now live on the platform.

Analyst questions revenue reporting accuracy in S-1 filing, suggesting actual ARR is around $150M and alleging creative accounting practices.

Chief Risk Officer scheduled to speak at Bitcoin Fusion conference, adding to company's public presence ahead of planned NYSE listing.

Net income falls to $12.6M on higher costs despite massive revenue growth, while managing $90B in crypto assets.

Reports massive revenue growth to $4.19B in H1 2025 (4x YoY) and confirms NYSE listing plans under ticker $BTGO with Goldman Sachs and Citi as underwriters.

Files S-1 registration for future IPO.

BitGo participates in strategic integrations that create over $14M in Bitcoin liquidity on Osmosis platform alongside multiple blockchain partners.

BitGo's European subsidiary receives extended license from Germany's BaFin, enabling expanded crypto custody, staking, transfer, and regulated trading services.

BitGo emerges as candidate in Hyperliquid's USDH stablecoin governance vote, proposing 24/7 fiat redemption services with automatic HYPE token purchases using generated revenues.

5M ago

BitGo releases case study on partnership with Core, showcasing institutional Bitcoin yield solutions with full custody services.

New partnership with Somnia Network extends institutional custody services to gaming/entertainment sector.

Emerges as one of the top CEX holders of USDC on Solana, alongside major position held by Coinbase and Binance who collectively hold $2B.

New Gate partnership enables off-exchange settlement with institutional-grade custody services.

Integration with Hyperliquid enables qualified custody services for HyperEVM, expanding institutional access to stablecoins, staking, and governance.

95,789 ETH ($427M) moves from custody to 6 newly created wallets with potential Bitmine connection.