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Bitgo
Europe's Economic Crossroads: Recession Fears and S&P Global's
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CryptoCurrency
BitGo Bags Major Payment Institution Licence from Singapore's MAS
2024-08-08T07:46:09.558+02:00
The new licence expands regulated digital payment token services and custody solutions across Asia.
The firm can offer regulated digital payment token services and secure custody solutions in a Class III vault.
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CryptoCurrency
Valkyrie Selects BitGo as Second Custodian for Bitcoin ETF
2024-02-02T19:55:25.694+02:00
This step aligns with US and global regulatory requirements.
BitGo supports over 700 digital assets.
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CryptoCurrency
MAS Greenlights BitGo Singapore with In-Principle Approval for Key License
2024-01-10T11:40:56.692+02:00
With the full license, the firm will enable the trading of digital assets using its insured cold storage solution.
The firm recently obtained a German crypto custody license from BaFin.
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CryptoCurrency
BitGo Secures German Crypto Custody License from BaFin
2023-11-01T12:52:09.163+02:00
The supervision by BaFin was conducted within the framework of a transitional regime.
In 2021, the firm was approved for a New York trust charter.
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CryptoCurrency
BitGo Expands Crypto Services with HeightZero Acquisition
2023-10-17T22:58:35.827+02:00
The firm's CEO, Mike Belshe, has urged wealth managers to embrace crypto before the expected ETF approval.
HeightZero has enabled wealth managers to include cryptocurrencies in their clients' portfolios.
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CryptoCurrency
BitGo Defies Crypto Turmoil: Secures $100M Funding for Custody Services
2023-08-16T19:53:52.357+02:00
The funding increase placed the crypto custodian at a valuation of USD $1.75 billion.
The company attributed the successful funding round to its focus on regulation.
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CryptoCurrency
Crypto Custody Provider BitGo Ditches Plan to Acquire Rival Prime Trust
2023-06-22T22:43:02.395+02:00
The rival companies reached a preliminary agreement earlier this month.
Prime Trust has ceased all deposits of fiat and crypto assets.
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Executives
Edgewater Hires Veteran Andres Cifuentes as Global Head of Liquidity
2023-02-13T19:54:59.735+02:00
Cifuentes previously worked for Cboe, Morgan Stanley, JP Morgan Chase and Goldman Sachs.
Edgewater recently hired forex veteran Chan Chong San as its MD for APAC.
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Solomon Oladipupo
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News
FlyCoin Inks Partnership with BitGo
2022-06-08T21:43:00.000+02:00
FlyCoin held a $33 million seed funding round earlier this year.
Among FlyCoin partners are ThanksAgain, Foley Wines and Ravn Alaska Airlines.
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Felipe Erazo
News
Galaxy Digital to Buy Crypto Custodian BitGo for $1.2 Billion
2021-05-05T14:00:06.000+02:00
The deal is expected to be closed in the fourth quarter of 2021.
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Arnab Shome
News
BitGo Adds $600 Million Crypto Insurance Cover to Lure Institutions
2021-04-21T19:06:15.000+02:00
The custodian now has total coverage of more than $700 million.
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Exchanges
BitGo Secures Trust Charter License from New York Regulator
2021-03-04T20:44:58.000+02:00
The trust charter enables BitGo to offer its cryptocurrency trading and custody services to companies based in the state.
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News
Institutional Investors Go Big on Bitcoin: BitGo’s Peter Najarian Speaks
2021-03-03T14:12:36.000+02:00
Why has Q1 been such an important time for institutional investors in Bitcoin? And what's next?
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Rachel McIntosh
News
KPMG Announces Partnership with BitGo and Coin Metrics
2021-02-19T12:32:48.000+02:00
The new partnership will enable BitGo's clients to manage public blockchain network risks.
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Regulation
BitGo Fined For Allowing Sanctioned Countries Access to its Crypto Wallet
2020-12-31T00:13:37.000+02:00
Based on IP address data, BitGo was aware that users from Ukraine, Cuba, Iran, Sudan and Syria used its hot wallets.
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News
PayPal Reportedly Drops Bid to Acquire Crypto Custodian BitGo
2020-12-24T19:06:50.000+02:00
BitGo CEO said they have been "in talks with everyone over the years” and that they will not accept a "small exit."
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News
Amber Group Selects BitGo to Facilitate Institutional Investors
2020-11-10T14:17:49.000+02:00
The Group will use BitGo Trust to serve its clientele of institutional traders.
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PayPal Starts Acquisition Talks with BitGo, Other Crypto Startups
2020-10-23T08:48:35.000+02:00
The payment company will introduce crypto services on its platform in the ‘coming weeks’.
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News
BitGo Adds Support for FATF’s Travel Rule
2020-07-14T14:02:23.000+02:00
Many jurisdictions are slowly drafting regulations based on Recommendation 16.
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BitGo Launches Crypto Brokerage for Institutions
2020-05-27T13:00:17.000+02:00
Custodian clients can directly trade digital assets from their vault-stored funds.
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News
BitGo to Provide Custody Services to Indian Crypto Exchange CoinDCX
2020-05-14T15:40:40.000+02:00
With BitGo Custody, all cryptocurrencies on CoinDCX will be secured in omnibus and segregated hot and cold wallets
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News
BitGo Buys Lumina Expanding Institutional Crypto Offerings
2020-04-16T15:14:15.000+02:00
The company did not disclose the financials of the deal.
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BitGo Enters Crypto Lending Market with New Services
2020-03-05T14:46:23.000+02:00
The lending platform is supporting over 15 digital currencies.
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BitGo Goes Beyond Custody with Harbor Acquisition
2020-02-19T08:55:01.000+02:00
The financial details of the deal are not disclosed.
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News
BitGo Enters Europe with German and Swiss Entities
2020-02-10T10:00:09.000+02:00
The clients of the company will now have the option to choose their preferred jurisdiction to store crypto assets.
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