Tagged: mike belshe

February 8, 2024 @ 10:56 am By Omar Faridi  |  

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

February 5, 2024 @ 10:59 pm By Omar Faridi  |  

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

January 10, 2024 @ 12:08 pm By Omar Faridi  |  

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

November 2, 2023 @ 10:40 am By Omar Faridi  |  

BitGo, the provider of financial services for digital assets, announces that its subsidiary in Germany, BitGo Europe GmbH, has received a crypto custody license from the German Federal Financial Supervisory Authority (BaFin). BitGo has already been storing crypto assets “for its customers since 2019, also… Read More

June 8, 2023 @ 5:04 pm By JD Alois  |  

BitGo has signed a term sheet to acquire the equity of Prime Core Technologies, the parent company of Prime Trust. Both companies provide services such as custody to digital asset firms. Earlier today, rumors filtered out about a deal with BitGo being in the works… Read More

August 15, 2022 @ 5:57 pm By JD Alois  |  

Galaxy Digital  (TSX: GLXY) has terminated its acquisition of Bitgo, an institutional digital asset trading and custody provider. Galaxy currently has a market cap of around CDN $2.9 billion. The proposed merger, put in place in 2021, valued Bitgo at around  $1.2 billion. In a… 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

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

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

November 8, 2017 @ 12:52 pm By JD Alois  |  

A planned upgrade to improve scalability of Bitcoin, entitled Segwit2X has been suspended. The announcement that the forthcoming fork was not going to happen has caused the price of BTC to rocket higher topping $7800. The public post announcing the halt to 2x is republished… Read More