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FTX to Distribute Funds to Investors Through Kraken and BitGo, Process to Start in January
- Payments will reportedly be made in phases, with the first distribution expected within 60 days of the effective date.
- Eligible creditors must verify their identity and meet other requirements.
Monday, 16/12/2024 | 19:00 GMT by
Jared Kirui
BitGo Bags Major Payment Institution Licence from Singapore's MAS
- 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.
Thursday, 08/08/2024 | 05:46 GMT by
Tareq Sikder
MAS Greenlights BitGo Singapore with In-Principle Approval for Key License
- 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.
Wednesday, 10/01/2024 | 09:40 GMT by
Tareq Sikder
BitGo Expands Crypto Services with HeightZero Acquisition
- 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.
Tuesday, 17/10/2023 | 20:58 GMT by
Jared Kirui
Galaxy Digital to Buy Crypto Custodian BitGo for $1.2 Billion
- The deal is expected to be closed in the fourth quarter of 2021.
Wednesday, 05/05/2021 | 12:00 GMT by
Arnab Shome
BitGo Adds $600 Million Crypto Insurance Cover to Lure Institutions
- The custodian now has total coverage of more than $700 million.
Wednesday, 21/04/2021 | 17:06 GMT by
Arnab Shome
BitGo Adds Support for FATF’s Travel Rule
- Many jurisdictions are slowly drafting regulations based on Recommendation 16.
Tuesday, 14/07/2020 | 12:02 GMT by
Arnab Shome
BitGo Launches Crypto Brokerage for Institutions
- Custodian clients can directly trade digital assets from their vault-stored funds.
Wednesday, 27/05/2020 | 11:00 GMT by
Arnab Shome
BitGo Buys Lumina Expanding Institutional Crypto Offerings
- The company did not disclose the financials of the deal.
Thursday, 16/04/2020 | 13:14 GMT by
Arnab Shome
BitGo Enters Crypto Lending Market with New Services
- The lending platform is supporting over 15 digital currencies.
Thursday, 05/03/2020 | 12:46 GMT by
Arnab Shome
BitGo Goes Beyond Custody with Harbor Acquisition
- The financial details of the deal are not disclosed.
Wednesday, 19/02/2020 | 06:55 GMT by
Arnab Shome
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