Tagged: bitgo

BitGo Announces Expansion into Taiwan with Aim to Provide Regulated Digital Assets Solutions

BitGo reports that it has submitted an application to establish its Taiwan-based entity, BitGo Taiwan. This furthers their commitment to supporting demand for digital assets within APAC by providing clients with secure solutions. Establishing this entity paves the way for an application to the FSC… Read More

Monochrome Expands Digital Assets Custody Solutions with Addition of BitGo for IBTC, IETH

Monochrome Asset Management is pleased to announce that it has expanded its custody solution by onboarding BitGo Trust Company, Inc to its list of crypto-asset custodians for the Monochrome Bitcoin ETF (IBTC) and Monochrome Ethereum ETF (IETH). This partnership reportedly aligns with Monochrome’s growth initiatives… Read More

BitGo Singapore Launches to Offer Digital Asset Services to APAC Region

BitGo Singapore Pte. Ltd., a subsidiary of BitGo, Inc., announced its official launch to provide regulated digital asset custody, trading, settlement, and token management services to the APAC region. The launch comes after BitGo obtained its Major Payment Institution License from the Monetary Authority of… Read More

BitGo Unveils 1-1 USD-Backed USDS Stablecoin

This week, BitGo, a digital asset custodian, launched USDS: The USD Standard, a 1:1 USD-backed stablecoin it hopes will transform the digital asset landscape by prioritizing fairness, transparency, and market neutrality. BitGo said USDS is designed to challenge the existing stablecoin market dynamics, specifically targeting… Read More

BitGo to Serve as Custodian for 21Shares’ US Spot ETFs

Digital asset exchange-traded funds (ETFs) have played a pivotal role in providing a diverse range of investors with exposure to cryptocurrencies this year. This, according to an updated shared by BitGo. BitGo noted that since inception these ETFs have seen “approximately $16 billion in inflows,… Read More

BitGo Approved as Custodian Under SIX Exchange Regulation Crypto-Asset Rule

BitGo are pleased to announce that their firm has been approved as a custodian under the new SIX Exchange Regulation Crypto-Asset Rule. This approval marks another milestone in BitGo’s mission “to make secure, regulated custody available for clients around the world.” BitGo Europe provides regulated… Read More

Digital Assets: Pier Two Staking Services to Be Integrated into BitGo Platform

BitGo and Pier Two are pleased to announce that, effective immediately, Pier Two’s staking services will be natively integrated into BitGo’s platform, and accessible by BitGo’s global institutional customers. The coming together of BitGo’s globally regulated custody, financial services, and core infrastructure and Pier Two’s… Read More

BitGo Reportedly Secures Major Payment Institution License from Monetary Authority of Singapore

BitGo says it has obtained the Major Payment Institution License from the Monetary Authority of Singapore (MAS). This comes after its in-principle approval from several months prior. Singapore‘s regulatory framework is said to support its “commitment to offering regulated, secure, and compliant digital asset services… Read More

Crypto ECN Finery Markets and BitGo Partner to Offer Integrated Trading and Settlement Product

BitGo and Finery Markets have announced a partnership that will offer an integrated crypto trading market and off-exchange settlement product. BitGo is a digital asset infrastructure provider that offers custody, wallets, staking, trading, and settlement. Founded in 2013, it reports serving over 1,500 institutional clients…. Read More

Digital Asset Firm BitGo to Support swETH and rswETH, the Liquid Staking and Restaking Tokens for Swell

BitGo has announced support for swETH and rswETH, the liquid staking and liquid restaking tokens for Swell, respectively. Clients can now custody both in Hot, Custodial, and Self-Managed Cold wallets. As explained in a blog post by BitGo, Swell is “a decentralized finance (DeFi) platform… Read More

Digital Assets Custodian BitGo to Support ERC-20 Governance Token for Wormhole

BitGo is pleased to announce support for W, which is the native ERC-20 governance token for Wormhole. BitGo explains that clients can now “custody W in Hot, Custodial, and Self-Managed Cold wallets.” As noted in a blog post from BitGo, Wormhole is an interoperability platform… Read More

BitGo, the Digital Asset Custody and Wallet Solutions Provider, Appoints Brett Reeves for European Expansion Efforts

BitGo, the custody and wallet solutions provider for digital assets, hires Brett Reeves for BitGo’s expansion in Europe. Brett brings 20+ years of experience in traditional finance to BitGo, “including work for various global investment banks within their Prime Brokerage and OTC Clearing sales teams.”… Read More

Digital Assets: BitGo to Support Native Segwit, Requiring 25% Less Data to Spend and Leading to Lower Fees

BitGo says it is changing from default wrapped segwit (P2SH-P2WSH) receive addresses to native segwit (P2WSH), which “require 25% less data to spend — translating to lower fees.” Since the beginning, BitGo has supported “both native segwit and wrapped segwit Bitcoin addresses.” However, many clients… Read More

BitGo Ventures to Establish Partnerships with Fintech Infrastructure Firms and Blockchain focused Projects

BitGo announced the launch of BitGo Ventures, BitGo’s investment arm dedicated to seeking out and fostering partnerships with FinTech infrastructure companies and blockchain projects around the world. BitGo Ventures will invest in startups “that are building secure, scalable, and digital-native financial infrastructure solutions while prioritizing… Read More

Digital Assets Platform BitGo Launches Support for Arbitrum (ARB)

BitGo is pleased to announce support for ARB, the native ERC-20 governance token for Arbitrum. Clients can now custody ARB in Hot, Custodial, and Self-Managed Cold wallets. Arbitrum is a Layer 2 (L2) technology designed “to enhance scaling solutions by empowering users to explore and… Read More

Wrapped Bitcoin: Bitgo Announces Launch of WBTC on Kava

Bitgo is pleased to announce the official launch of WBTC on Kava. Since 2018, Wrapped Bitcoin (WBTC) has created additional liquidity “for decentralized exchanges and enhanced all decentralized applications (dApps) with BitGo Trust Company as the designated custodian.” As a result, use cases, driven by… Read More

BitGo Acquires Brassica, Will Add Private Securities and Alts Capabilities

Youngro Lee of NextSeed 3

Digital asset firm BitGo is moving into the more traditional securities sector. According to a corporate release, Bitgo has acquired Brassica – a Fintech providing digital infrastructure services to facilitate private securities and other alternative investments. Details of the transaction were not immediately available. Focusing on institutions,… Read More

BitGo to Serve as Digital Asset Custodian for Valkyrie Bitcoin ETF

Digital asset financial instruments require regulated custodians to secure the underlying assets. BitGo’s support underscores the growing industry-wide call “for institutional-grade custody-first solutions.” BitGo has been a long-time collaborator with Valkyrie Investments, a global crypto-focused asset manager with $220 million in AUM. BitGo is the… Read More

BitGo Announces Partnership and Investment from Brink’s Global Services

BitGo announces its partnership and investment from Brink’s Global Services, a global leader in secure logistics and asset protection. This investment comes after BitGo’s most recent $100M Series C financing “from new, outside strategic investors with a valuation of $1.75B.” Baylor Myers, Vice President of… Read More

BitGo Obtains In-Principle Approval from Monetary Authority of Singapore for Major Payment Institution License

BitGo will reportedly offer regulated digital payment token services in Singapore. BitGo says that it views Singapore as an “important hub” for digital asset innovation. BitGo, the provider of financial services for digital assets, confirmed recently that its subsidiary in Singapore, BitGo Singapore Pte. Ltd.,… Read More

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