Archives

July 21, 2022 @ 2:00 pm By Omar Faridi  |  

BitGo, which claims to be the leader in digital asset financial services, recently announced a partnership with the NEAR Foundation, which is reportedly among the “fastest growing,” carbon neutral, open source blockchains that “enables developers to easily build, test, and deploy applications.” The partnership “makes… Read More

December 18, 2021 @ 10:00 am By Omar Faridi  |  

BitGo, the provider of digital asset financial services, now supports the Avalanche (AVAX) native token and assets launched natively on Avalanche’s C-Chain “across its custody and hot wallet products.” As mentioned in the update, this gives BitGo’s clients the “most secure and reliable way to… Read More

October 5, 2021 @ 10:56 pm By Tony Zerucha  |  

Matrix, a virtual assets trading platform serving global investors, has partnered with BitGo, a provider of digital asset financial services. The union will see BitGo provide Matrix with several different options for custodial services, including hot- and cold-storage capabilities for traders utilizing the Matrix platform. The… Read More

May 21, 2021 @ 9:26 pm By Samantha Hurst  |  

  BitGo, a digital asset financial services provider, announced earlier this week it has appointed Cassandra Lentchner as the new Chief Operating Officer for BitGo Trust companies. According to BitGo, Lentchner has more than 20 years of experience in the financial services industry. She notably oversaw compliance and regulatory standards for… Read More

April 23, 2021 @ 6:48 am By Samantha Hurst  |  

      BitGo, a digital asset financial services provider, announced earlier this week it has surpassed $700M of total Crime/Excess Specie insurance capacity. The company reported that in 2020, it claims it became the first digital asset custodian to offer clients the ability to… Read More

April 19, 2021 @ 10:00 am By Samantha Hurst  |  

BitGo, a digital asset financial services provider, recently announced it has acquired Lumina, a financial platform for managing digital assets. BitGo reported that with the acquisition, it introduced its next-generation wallet platform: BitGo Portfolio: Clients can now bring data from any exchange or wallet into a single dashboard… Read More

March 4, 2021 @ 10:14 am By Samantha Hurst  |  

  BitGo, a digital asset financial services provider, announced on Thursday it received a New York Trust license to operate as an independent, regulated qualified custodian under New York State Banking Law. BitGo reported that the charter was issued by The New York State Department… Read More

January 13, 2021 @ 2:38 pm By Samantha Hurst  |  

BitGo, a digital asset financial services provider, announced on Wednesday it has appointed Jeff Horowitz as its new Chief Compliance Officer (CCO). According to BitGo, Horowitz recently served as COO for Coinbase. He will oversee BitGo’s Compliance and AML programs across the entire enterprise to… Read More

January 6, 2021 @ 7:37 pm By Omar Faridi  |  

BitGo, a digital asset financial services provider, reports that it has successfully introduced Wrapped Bitcoin (WBTC) and ETH tokens on the TRON blockchain network, which should help with supporting the “unlimited” potential of decentralized finance (DeFi) TRON, which is notably one of the largest and… Read More

December 24, 2020 @ 10:03 am By Samantha Hurst  |  

PayPal’s rumored talks about acquiring BitGo, a digital asset financial services provider, has reportedly fallen through. According to Fortune, rumors began to circulate about PayPal being in talks to acquire BitGo and now the deal will officially not be happening and the cryptocurrency firm is… Read More

December 17, 2020 @ 1:45 pm By Samantha Hurst  |  

    BitGo, a digital asset financial services provider, announced on Thursday it has launched an institutional-grade multi signature wallet solution. According to BitGo, the solution provides on-chain, multi-signature security fo Hedera’s HBAR token through its affiliate BitGo Inc. Additionally, BitGo Trust will provide insured,… Read More

October 2, 2020 @ 11:14 am By Samantha Hurst  |  

BitGo, digital asset financial services provider, announced on Thursday  it is adopting oracle network, Chainlink, to provide on-demand, definitive truth around the collateralization of “Wrapped Bitcoin” (WBTC). BitGo revealed that over the past year it has bridged close to $1 billion onto the Ethereum blockchain… Read More

September 3, 2020 @ 10:43 am By Samantha Hurst  |  

BitGo, a digital asset financial services provider, announced on Wednesday that Bitgate, a Financial Services Agency (FSA) regulated exchange based in Japan, has selected its Self-Managed Custody solution to hold Bitgate customers’ digital assets securely and meet new regulations. According to BitGo, The regulations came… Read More

August 26, 2020 @ 11:03 am By Samantha Hurst  |  

BitGo, digital asset financial services provider, announced on Wednesday it has formally applied before the New York State Department of Financial Services (NYDFS) for a New York Trust to operate as an independent, regulated qualified custodian under New York State Banking Law. BitGo reported that… Read More

August 13, 2020 @ 9:44 pm By Omar Faridi  |  

Mike Belshe, the CEO at BitGo, a Palo Alto, California-based digital asset trust and security firm offering a multi-signature Bitcoin (BTC) wallet service, recently noted that many companies are now going out of business due to challenges related to COVID-19. Belshe points out that there… Read More

July 15, 2020 @ 2:15 pm By Samantha Hurst  |  

BitGo, digital asset financial services provider, announces API support for the Financial Action Task Force (FATF) Travel Rule. BitGo claims it is the first wallet provider to come to market with a solution for the Travel Rule for its cold and hot wallet services by… Read More

May 27, 2020 @ 8:01 am By Samantha Hurst  |  

Digital asset custody provider BitGo announced on Wednesday it is now offering institutional trading services through its new entity, BitGo Prime. BitGo claims that the BitGo Prime’s trading services will provide institutional investors with best-in-class service, increased liquidity, fast execution, and competitive aggregate pricing. “Institutional… Read More

May 14, 2020 @ 10:50 am By Samantha Hurst  |  

Digital asset custody provider BitGo announced on Thursday it has been named as the custodian of India-based crypto exchange, CoinDCX. BitGo reported that as the custodian of CoinDCX, it will provide the secure storage and custodianship of cryptocurrencies held on CoinDCX, fully insured and protected by… Read More

April 16, 2020 @ 2:31 pm By Samantha Hurst  |  

Blockchain software firm BitGo announced on Thursday it has acquired Lumina, which is a comprehensive crypto-naive financial platform. BitGo also revealed that it has completed the first phase of product integration, expanding its services to give institutional investors a dashboard for managing, accounting, and tracking… Read More

March 18, 2020 @ 8:29 am By Samantha Hurst  |  

Blockchain software firm BitGo announced on Wednesday it is now offering dedicated customer Excess Specie Insurance to BitGo Custody clients. The digital asset financial services provider reported that last year it introduced its digital asset insurance protections, including $100 million for assets held in BitGo… Read More