What BitGo does

BitGo is a digital asset infrastructure company founded in 2013 and headquartered in Sioux Falls, South Dakota (corporate) with operating hubs in Palo Alto, New York, Frankfurt, Singapore, Zurich, and Dubai. It became the first publicly traded crypto custodian on January 22, 2026, listing on the New York Stock Exchange under ticker BTGO. BitGo operates a multi-entity regulated stack anchored by BitGo Bank & Trust, National Association (OCC-chartered national trust bank since December 2025), BitGo Europe GmbH (BaFin MiCAR license for all 30 EEA countries), BitGo Singapore Pte. Ltd. (MAS Major Payment Institution), and BitGo MENA FZE (VARA Broker-Dealer in Dubai). The company serves more than 5,500 institutional clients across 100+ countries, including asset managers, ETF/ETP issuers, banks, neobanks, exchanges, trading firms, hedge funds, fintechs, brands, credit unions, protocols and foundations, stablecoin issuers, corporations, governments, and bankruptcy estates.

The product platform centers on qualified custody with multi-signature plus MPC key management, $250M insurance, SOC 1/2 Type 2 certifications, and bankruptcy-remote segregation. Layered on top are Go Network settlement (Off-Exchange Settlement and Delivery-vs-Payment), Prime Services (OTC trading, financing, collateral management, wealth management), Staking and Restaking (ETH, SOL, SUI, BTC via Babylon and Core, EIGEN via EigenLayer with curated AVS operators), DeFi access from custody via Narval and Morpho/Concrete vault strategies, Real World Assets via the BitGo Stakeholder Services LLC SEC-registered transfer agent, and a Token Management and Listing Services network spanning 120+ exchanges. A dedicated Crypto-as-a-Service (CaaS) module exposes the regulated stack via APIs to banks, fintechs, brands, and credit unions (Fold, Bielik.io, dtcpay, Moon Inc., Liquid Mercury), and Stablecoin-as-a-Service plus BitGo Mint underpin white-label issuance including the USD1 stablecoin with World Liberty Financial. Developer infrastructure includes the BitGo SDK, REST APIs, BitGo Express, the Ask AI chatbot, and an MCP server.

Revenue is generated across custody (subscription/AUM-linked), prime brokerage and trading (transaction fees), staking (usage-based yield share), Stablecoin-as-a-Service and Mint/Redeem (managed services plus reserve interest), Crypto-as-a-Service (subscription plus usage), digital asset lending and financing (usage-based), collateral management, ecosystem and listing services, transfer agent and capital formation fees (RWA), and prediction markets trading. Reported FY2025 revenue was $16.2 billion (a 425% YoY increase), with 42% YoY growth in institutional clients to 5,569 in Q1 2026 and 43.6% YoY growth in stablecoin-as-a-service revenue to $38.2M in Q1 2026. BitGo also raised approximately $213 million in its January 2026 NYSE IPO and announced a $50 million share repurchase program in June 2026.

Name

BitGo

Legal name

BitGo Holdings, Inc.

Website

https://bitgo.com

Company type

Public

Founded year

2013

Operating status

Operating

Headcount range

251–500 employees

Short description

BitGo is a regulated digital asset infrastructure company providing qualified custody, prime brokerage, settlement, staking, stablecoin issuance, and crypto-as-a-service to 5,500+ institutional clients across 100+ countries via OCC, BaFin, MAS, and VARA licensed entities.

Ownership category

akta.pro rank

Product category

Digital Asset Custody & Institutional Crypto Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Exchanges (5232), Trusts, Estates, and Agency Accounts (52592), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211), Finance Services (6199)

akta.pro primary industry

Smart Contract Wallets & Account Abstraction (FSADACAF)

akta.pro secondary industries

B2B Crypto Payouts, Mass Payments & Treasury Disbursements (FSADAIAF), Digital Asset Custody & Wallet Infrastructure for Institutions (MPC/HSM, key mgmt, policy controls) (FSAPAIAE), On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury) (FSAGAMAD), Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails) (FSAPAIAJ), Decentralized Lending Protocols (DeFi Money Markets) (FSADAFAB), Smart Contract Wallets / Account Abstraction (MPC/AA, social recovery, paymasters) (FSAPACAB), Authorization & Permissions (delegation, allowances, capability-based access, session keys) (FSAPACAJ)

Keywords

• Digital asset custody
• Institutional crypto custody
• Crypto prime brokerage
• Stablecoin-as-a-service
• Digital asset settlement

Headquarters

HQ city

Sioux Falls

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Qualified Custody Fees: Recurring revenue from custody of digital assets on behalf of institutional clients, with $250M insurance, segregated bankruptcy-remote accounts, SOC 1/2 Type 2 certifications, and per-asset or AUM-based pricing; underpinned by BitGo Bank & Trust, N.A. (OCC-chartered national trust bank) and foreign regulated entities.
2. Prime Brokerage and Trading Fees: Spread and transaction revenue from OTC desk, electronic trading platform, and APIs across spot, derivatives, credit, prediction markets, and DeFi, including margin, financing, and collateral management services.
3. Staking Service Fees: Revenue share on staking rewards across multiple proof-of-stake networks (SOL, SUI, ETH, EIGEN, BTC via Babylon/Core), delivered through segregated validators and one-click staking from qualified or self-custody wallets.
4. Stablecoin-as-a-Service and Mint/Redeem: Recurring and usage-based fees from white-label stablecoin issuance, including reserve management (interest earned on permitted investments), mint/redeem transaction fees, regulatory infrastructure, and integrations with BitGo's banking partners and fiat rails. USD1 with World Liberty Financial is the flagship deployment.
5. Crypto-as-a-Service (Embedded B2B): API-driven B2B revenue from banks, neobanks, fintechs, brands, and credit unions embedding BitGo's regulated crypto trading, staking, transfers, and wallet infrastructure under their own front-end, leveraging BitGo's OCC, MiCAR, and Singapore MPI licenses.
6. Digital Asset Lending and Financing: Interest income and credit fees from crypto loans, portfolio-based financing, lending to BitGo at competitive rates, and OTC borrowing/lending for sophisticated institutional clients since 2019.
7. Tri-Party Collateral Management: Fees from segregated collateral management with daily mark-to-market monitoring and Account Control Agreements/Custodial Services Agreements governing accounts for trading counterparties.
8. Ecosystem and Listing Services: Revenue from token management (vesting, unlocking, distributions) and listing services connecting asset issuers with 120+ exchanges, market makers, and liquidity providers using BitGo wallets.
9. Transfer Agent and Capital Formation Services (RWA): Fees from BitGo Stakeholder Services LLC, an SEC-registered transfer agent and wholly-owned subsidiary of BitGo, providing RWA transfer agent, capital formation, and programmatic securities services under Reg CF, Reg A+, Reg D, and other exemptions.
10. Prediction Markets Revenue Share: OTC-based trading fees from event-linked derivatives (elections, sports, macro, crypto outcomes) executed through BitGo's OTC desk in partnership with Susquehanna Crypto as back-end liquidity provider.

Pricing tiers

Go-to-market motion6 records

Distribution channels7 records

Marketing channels8 records

Core offering

BitGo provides institutional-grade digital asset custody, trading, financing, settlement, and infrastructure through a federally chartered national trust bank and other regulated entities globally. Its unified platform spans qualified custody wallets, self-custody hot and cold wallets, Wallet-as-a-Service APIs, Prime Services, the Go Network settlement layer, Crypto-as-a-Service white-label APIs, Stablecoin-as-a-Service, staking and DeFi products, and an SEC-registered transfer agent for real-world assets.

Product overview

BitGo offers a unified, modular digital asset infrastructure platform composed of a regulated qualified custody core (BitGo Bank & Trust, N.A.) and an integrated suite of products around it. The core platform centers on Custody Wallets, Qualified Custody, and self-custody Wallet-as-a-Service, hot and cold wallets, and the Go Account multi-asset custody account, all anchored by multi-signature and MPC key management with $250M insurance. Layered on top are Prime Services (Trading, Financing, Collateral Management, Wealth Management) and Settlement services (Go Network Off-Exchange Settlement and Delivery-vs-Payment). A separate Crypto-as-a-Service module lets banks, fintechs, brands, and credit unions embed the same capabilities via APIs. Protocol Solutions include Staking, Bitcoin Staking (Babylon, Core), Restaking (EigenLayer), DeFi vault strategies (via Narval), and token management and listings for protocols. The stablecoin stack combines Stablecoin-as-a-Service, BitGo Mint, and the USD1 stablecoin. A Wealth Management platform serves advisors, and Real World Assets offerings combine a Qualified Custodian and an SEC-registered Transfer Agent for alternative and tokenized assets. BitGo also offers Lightning Network support from custody and the new Lightning Earn product for institutional bitcoin fee generation.

Differentiator

Problem solved

Functional benefit

Brands

• BitGo Bank & Trust: National trust bank providing regulated digital asset custody; a wholly-owned subsidiary of BitGo Holdings, Inc.
• BitGo Prime
• Go Network
• BitGo Mint

Products and services

• Qualified Custody Institutional-grade regulated qualified custody for digital assets combining customizable multi-signature and MPC key management with 100% cold storage and $250M in insurance against theft or loss.
• Custody Wallets Custodial wallets in which BitGo holds all three private keys and secures them in cold storage, fully isolated from internet-connected systems, with policy controls, whitelisting, and 24/7 withdrawal.
• Wallet-as-a-Service Programmatic self-custody hot wallet infrastructure that lets platforms create and manage wallets and receive addresses at scale via REST APIs and SDKs, with over 9.3M wallets created and 1,700+ assets supported.
• Hot Wallets (Self-Custody) Self-custody hot wallets where the client holds the Client Key and Backup Key while BitGo holds the Platform Key, with policy controls and multi-signature security for operating liquidity.
• Cold Wallets (Self-Custody) Self-custody cold wallets where clients control two of three private keys offline, supporting jurisdictional key-location requirements with multi-signature approvals.
• Go Account Multi-asset qualified custody account combining trading, staking, financing, lending, settlement, and USD fiat access in one institutional wallet experience with $250M insurance.
• Prime Services Digital asset prime brokerage offering trading, financing, collateral management, and settlement within regulated qualified custody, with segregated accounts, $250M insurance, and multi-signature / MPC technology.
• Prediction Markets Institutional event-linked derivatives for elections, sports, crypto, and macro outcomes, traded through BitGo's OTC desk in partnership with Susquehanna Crypto, with crypto or stablecoins as collateral.
• Settlement (Go Network) Real-time, automated, off-chain settlement infrastructure for digital assets and fiat across borders, including Delivery-vs-Payment and Off-Exchange Settlement against exchange and ECN partners.
• Off-Exchange Settlement (Go Network OES)
• Delivery-vs-Payment (Go Network DvP) Bilateral Delivery-vs-Payment settlement that exchanges digital assets and payments simultaneously, with assets remaining in regulated qualified custody until time of settlement.
• Collateral Management Tri-party collateral management that holds assets in BitGo's qualified custody with daily mark-to-market monitoring, Account Control Agreements, and $250M insurance to minimize counterparty risk.
• Financing (Digital Asset Lending) Institutional digital asset financing offering Bitcoin and crypto loans, portfolio-based financing, lending income, credit solutions via Go Network OES, and bespoke OTC borrowing/lending — all within qualified custody.
• Wealth Management Wealth management platform offering multi-venue trading, in-kind transfers, segregated custody, automated billing, and TAMP integrations for advisors managing client digital assets.
• Real World Assets (RWA) API-first investment infrastructure for alternative assets combining regulated qualified custody, capital formation services, and a programmatic SEC-registered transfer agent for tokenized and traditional securities.
• Transfer Agent SEC-registered transfer agent built for alternative investments, supporting Reg CF, Reg A+, Reg D and other exemptions via API-driven transfers, real-time ownership records, and in-platform secondary liquidity.
• Staking Services Institutional crypto staking with delegated validators, segregated assets, on-demand multi-asset reporting, and integration with Babylon (Bitcoin) and Core (Bitcoin-supported Layer 1).
• DeFi Institutional access to decentralized finance via onchain vault strategies from qualified custody, direct protocol access through Narval's DeFi Gateway, and WalletConnect-enabled self-custody wallet interactions.
• Bitcoin Staking Bitcoin-native staking via Babylon and Core that lets institutions stake BTC to secure proof-of-stake networks while assets remain in regulated qualified custody.
• Restaking Native ETH restaking and EIGEN token staking via EigenCloud (EigenLayer) in self-custody cold, self-custody hot, and custody wallets, with curated AVS operators including Figment, Blockdaemon, Kiln, and P2P.
• Ecosystem Services End-to-end services for protocols and foundations including institutional-grade custody for treasuries, token management, vesting, distribution, and exchange listings.
• Token Management Automated token vesting, unlocking, and distribution platform supporting Solana, Ethereum, and major EVMs with full policy controls, on-chain verifiable custody, and audit trails.
• Listing Services Network of 120+ exchanges and trading venues enabling asset issuers to activate wallets and enable listings across BitGo's institutional platform.
• Stablecoin-as-a-Service End-to-end stablecoin issuance platform providing reserve management, smart contracts, regulatory infrastructure, white-label KYC/mint/redeem UIs, and access to banking partners and fiat rails.
• BitGo Mint Native minting and redemption of stablecoins and other assets within BitGo's platform, with built-in KYB, transaction monitoring, and audit capabilities in a GENIUS Act-ready workflow.
• Crypto-as-a-Service Plug-and-play platform that lets banks, fintechs, brands, and credit unions embed crypto trading, staking, transfers, and wallets via APIs, leveraging BitGo's OCC charter, MiCAR license, and Singapore Major Payment Institution license.
• Lightning Earn Institutional Lightning Network fee product via integration with Amboss Technologies' Rails, allowing corporate treasuries and institutional allocators to deploy bitcoin as liquidity and earn bitcoin-denominated routing fees.

Quantifiable outcome

• 425% year-over-year revenue growth in 2025, reaching $16.2 billion in revenue
• +5 more outcomes

Named customers37 records

Segments13 records

Ideal customer profiles9 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration21 records

AI capability7 records

Feature13 records

Partnerships

39 partnerships are on record, tiered core, minor and flagship.

• Hashi protocol (Sui Foundation)coreStrategic or Co-development Partner · 23 June 2026BitGo joined Sui Foundation's Hashi institutional coalition ahead of a global testnet scheduled for July. Hashi enables Bitcoin-backed lending using multi-party computation custody and ERC-3643 identity-aware tokens, allowing BTC to serve as DeFi collateral without wBTC counterparty risk.
• CumberlandcoreStrategic or Co-development Partner · 23 June 2026Joined Sui Foundation's Hashi institutional coalition ahead of the global testnet, alongside BitGo, Bullish, FalconX, Erebor Bank, and CF Benchmarks.
• FluidminorStrategic or Co-development Partner · 23 June 2026Joined Sui Foundation's Hashi institutional coalition alongside BitGo and other institutional counterparties.
• SwissBorgminorStrategic or Co-development Partner · 23 June 2026Joined Sui Foundation's Hashi institutional coalition alongside BitGo and other institutional counterparties.
• Bielik.io (Bielik Vault Sp. z o.o.)coreChannel Partner/ Reseller/ Distributor · 18 June 2026BitGo Europe GmbH and Bielik.io partnership supporting Bielik.io's transition from Poland's legacy Virtual Asset Service Provider framework to compliance with the EU's Markets in Crypto-Assets Regulation (MiCAR). Bielik.io will provide eligible users with access to digital asset services including deposits, trading of 40+ digital assets, and custody through BitGo Europe's Crypto-as-a-Service infrastructure.
• dtcpaycoreStrategic or Co-development Partner · 17 June 2026Strategic partnership between BitGo Singapore and dtcpay to develop secure, compliant digital asset payment infrastructure across global markets. dtcpay will leverage BitGo Singapore's MAS-licensed digital asset infrastructure for Digital Payment Token Service and Cross-border Money Transfer Service.
• Amboss TechnologiescoreTechnology or Integration · 11 June 2026Integration with Amboss Technologies' Rails platform to launch Lightning Earn, enabling institutional clients to deploy bitcoin as liquidity on the Lightning Network to earn routing fees. BitGo also deployed its own treasury bitcoin into Amboss Rails as a demonstration of confidence in the product.
• Liquid MercuryminorChannel Partner/ Reseller/ Distributor · 3 June 2026Liquid Mercury LLC announced that BitGo Inc. and BitGo Bank & Trust, N.A. will serve as its Crypto-as-a-Service provider, enabling Liquid Mercury to offer qualified custody, insurance coverage, and compliance frameworks for Mercury Pro, Mercury OTC, and Mercury RWA.
• Transparency Alliance (industry consortium)minorStrategic or Co-development Partner · 27 May 2026BitGo joined more than 40 crypto firms, including Coinbase, Kraken, Binance.US, MEXC, Anchorage Digital, Copper, GSR, FalconX, and Auros, in launching the Transparency Alliance to promote standardized token disclosures using Blockworks' Token Transparency Framework.
• Silence LaboratoriescoreTechnology or Integration · 26 May 2026Joint completion of the first post-quantum transaction simulation by a regulated custodian using Silence Laboratories' PQ-MPC protocol based on NIST-standardized ML-DSA (FIPS 204) combined with BitGo's institutional custody and wallet platform.
• Teucrium Commodity Trust (7RCC ETF)minorChannel Partner/ Reseller/ Distributor · 23 May 2026Teucrium filed Form 8-K with the SEC disclosing a Custodial Services Agreement with BitGo and a Master Purchase Agreement with BitGo Prime, LLC for the 7RCC Spot Bitcoin and Carbon Credit Futures ETF (BTCK).
• VoltagecoreTechnology or Integration · 20 May 2026Strategic partnership enabling BitGo Crypto-as-a-Service support for the Lightning Network through Go Accounts. Combines Lightning Network payment rails with BitGo's qualified custody, wallets, and BitGo Bank & Trust nationwide coverage, with Voltage powering automated node and liquidity management.
• Moon Inc.coreChannel Partner/ Reseller/ Distributor · 15 May 2026BitGo serves as the foundational infrastructure layer powering Moon Inc.'s bitcoin-linked consumer card products across Asia. BitGo provides institutional-grade custody through its MAS-regulated Singapore entity, initially supporting Moon Inc.'s prepaid bitcoin gift card program in Hong Kong with planned expansion to Japan, Thailand, South Korea, and Taiwan.
• Canary Capital GroupminorChannel Partner/ Reseller/ Distributor · 28 October 2025Canary Capital HBAR ETF (ticker HBR) launched on Nasdaq on October 28, 2025, with custody arranged through BitGo and Coinbase, attracting over $70M AUM within six days.
• BrassicacoreStrategic or Co-development Partner · 8 February 2024BitGo acquired fintech firm Brassica, which underpins the BitGo Real World Assets (RWA) Transfer Agent and Capital Formation services accessed at developers.brassicafin.com. The Brassica acquisition is the foundation for BitGo's programmatic transfer agent platform.
• Brink'scoreStrategic or Co-development Partner · 24 January 2024Strategic partnership where Brink's provides secure logistics and vaulting services for digital assets to enhance physical security capabilities for BitGo and expand BitGo's regional presence; Brink's also made a strategic investment in BitGo.
• HeightZerocoreStrategic or Co-development Partner · 18 October 2023BitGo acquired HeightZero, a digital asset management platform, to enhance its wealth management solutions and provide a comprehensive and secure platform for wealth managers and advisors dealing with digital assets.
• Susquehanna CryptoflagshipStrategic or Co-development PartnerStrategic partnership launching the first-of-its-kind institutional prediction markets platform; Susquehanna Crypto serves as the back-end liquidity provider for every BitGo prediction markets trade, bringing decades of derivatives market-making experience to event-linked derivatives on elections, sports, macro events, and crypto outcomes.
• Concrete Network ServicescoreStrategic or Co-development PartnerStrategic partnership between BitGo Bank & Trust, National Association and Concrete Network Services, Ltd. to create an institutional onchain optimized asset growth platform. Combines Concrete's vault architecture with BitGo's OCC-chartered custodial infrastructure, allowing clients to deploy digital assets into Concrete's vetted vault strategies while assets remain in BitGo Bank & Trust custody.
• MorphocoreStrategic or Co-development PartnerBitGo announced plans to expand institutional access to third-party DeFi vault products and onchain lending opportunities through a vault offering developed with Morpho, a decentralized lending infrastructure protocol. Vault integrates with BitGo Bank & Trust, with independent risk managers setting strategy parameters.
• OKXcoreChannel Partner/ Reseller/ DistributorOKX joined BitGo's Go Network for Off-Exchange Settlement, allowing institutions to trade on OKX while assets remain in segregated qualified custody at BitGo. Listed as a Go Network OES partner.
• STS DigitalcoreChannel Partner/ Reseller/ DistributorSTS Digital joined BitGo's Go Network for Off-Exchange Settlement, becoming the first principal derivatives dealer integrated into BitGo's Go Network. Institutions can execute trades with STS Digital while assets remain in regulated, qualified custody at BitGo Bank & Trust, N.A.
• DeribitcoreChannel Partner/ Reseller/ DistributorDeribit is listed as a Go Network Off-Exchange Settlement partner where institutions can trade derivatives while assets stay in BitGo's regulated custody.
• KuCoincoreChannel Partner/ Reseller/ DistributorKuCoin joined BitGo's Go Network Off-Exchange Settlement, with assets safeguarded by BitGo Singapore in regulated cold custody.
• HTXcoreChannel Partner/ Reseller/ DistributorHTX joined BitGo's Go Network Off-Exchange Settlement via BitGo Singapore qualified custody.
• World Liberty Financial (WLFI)flagshipStrategic or Co-development PartnerWLFI is the issuer of the USD1 stablecoin, brought to market using BitGo's Stablecoin-as-a-Service blueprint. USD1 combines the power of DeFi with BitGo's institutional security infrastructure, is fully backed by short-term U.S. Treasuries, U.S. dollar deposits, and cash equivalents, and reports monthly third-party attestation under AICPA criteria.
• Babylon LabscoreTechnology or IntegrationBitGo clients can stake BTC with Babylon directly from their secure wallets while maintaining full ownership and custody. Babylon introduces a Bitcoin-native staking layer allowing holders to lock BTC and earn rewards by helping secure proof-of-stake networks.
• CoreDAO (Core)coreTechnology or IntegrationThrough BitGo, institutions can stake BTC to support Core's novel Layer 1 blockchain consensus and governance — without token wrapping or relying on cross-chain bridges — ensuring alignment with Bitcoin's ethos.
• EigenCloud (EigenLayer)flagshipTechnology or IntegrationBitGo Trust Company, Inc. integrated with EigenLayer to support native ETH restaking and EIGEN token staking in self-custody cold, self-custody hot, and custody wallets. BitGo offers access to vetted AVS operators including Figment, Blockdaemon, Kiln, and P2P.
• BullishminorStrategic or Co-development PartnerMember of Sui Foundation's Hashi BTC-backed lending institutional coalition alongside BitGo, Cumberland, Fluid, SwissBorg, Erebor Bank, FalconX, and CF Benchmarks.
• FalconXminorStrategic or Co-development PartnerMember of Sui Foundation's Hashi BTC-backed lending institutional coalition. FalconX also co-founded the Transparency Alliance for standardized token disclosures alongside BitGo, Coinbase, Kraken, Binance.US, Anchorage Digital, Copper, GSR, Auros, and MEXC.
• CF BenchmarksminorStrategic or Co-development PartnerMember of Sui Foundation's Hashi BTC-backed lending institutional coalition alongside BitGo and other institutional counterparties.
• VirtuneminorChannel Partner/ Reseller/ DistributorSwedish crypto ETP issuer appointed BitGo as custodian for its Stablecoin Index ETP under BitGo's MiCAR license from BaFin.
• FTX Recovery TrustcoreImplementation/ SI/ Consulting PartnerBitGo serves as a Distribution Service Provider for FTX creditor distributions commencing July 31, 2026 and NFT distributions starting June 30, 2026.
• Figure MarketsminorStrategic or Co-development PartnerMoomoo partnered with Figure Markets and BitGo to expand into tokenized secondary market offerings and tokenized securities as part of its institutional-grade crypto trading offering.
• Banco de Crédito del PerúminorChannel Partner/ Reseller/ DistributorOne of the first institutions on BitGo's modular bank-ready operating model providing custody, trading, staking, stablecoins, and wealth management services within a compliance framework.
• TowerBankminorChannel Partner/ Reseller/ DistributorOne of the first institutions on BitGo's modular bank-ready operating model providing custody, trading, staking, stablecoins, and wealth management services.
• InvestiFi (Investipay)minorChannel Partner/ Reseller/ DistributorOne of the first institutions on BitGo's modular bank-ready operating model providing custody, trading, staking, stablecoins, and wealth management services.
• Galaxy DigitalminorStrategic or Co-development PartnerOngoing Delaware Chancery Court litigation over a failed $1.2 billion merger announced in 2021 and terminated in 2022, with BitGo seeking at least $100 million in damages/termination fee and Galaxy claiming SEC regulatory approval difficulties. Case is being watched as a leading M&A liability precedent for crypto firms.

Scale indicators18 records

Recent moves10 records

Expansion highlights8 records

Direct peers

• Coinbase: Largest U.S. crypto exchange and qualified custodian with Coinbase Custody Trust; competes directly with BitGo for institutional custody, prime brokerage, and staking, and is also an OCC trust charter applicant.
• Anchorage Digital: Federally chartered digital asset bank (OCC trust charter) offering institutional custody, trading, staking, and onchain services — directly comparable to BitGo Bank & Trust across regulated custody and CaaS.
• Fireblocks: Institutional digital asset custody and wallet infrastructure provider with MPC-based wallets, settlement network, and staking — directly competes with BitGo Wallet-as-a-Service and qualified custody for exchanges and fintechs.
• Paxos: Regulated blockchain infrastructure and stablecoin issuer (USDP, PYUSD with PayPal); competes with BitGo Stablecoin-as-a-Service and is also an OCC trust charter applicant.
• Fidelity Digital Assets: Institutional crypto custody and trading arm of Fidelity Investments, serving asset managers, hedge funds, and corporates — directly comparable to BitGo on qualified custody, trading, and now also pursuing OCC national trust charter status.
• Circle: Issuer of USDC and operator of regulated money infrastructure including custody and onchain services; competes with BitGo Stablecoin-as-a-Service and is also an OCC trust charter applicant.

Broad incumbents

• Galaxy Digital: Diversified crypto financial services firm offering trading, asset management, custody via Galaxy One, and prime brokerage; broader incumbent overlapping with BitGo Prime, custody, and ETF/ETP servicing.
• Crypto.com: Vertically integrated crypto exchange, custodian, and card issuer pursuing an OCC national trust charter; competes with BitGo across custody, exchange-side services, and consumer crypto infrastructure.

Emerging players

• Bakkt Holdings: Public crypto financial services platform offering institutional trading, custody, and consumer crypto products; smaller-scale competitor with overlapping custody and trading capabilities relevant to BitGo Prime.
• Kraken: Crypto exchange and staking provider that has expanded into institutional custody, banking (via Wyoming SPDI), and trading; partial overlap with BitGo custody, staking, and exchange-side services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/BitGo
• YouTubeyoutube.com/@BitGo
• Facebookfacebook.com/61566846337663
• LinkedInlinkedin.com/company/bitgo

Compliance10 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries12 records

Funding overview

Funding rounds7 records

Investors22 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A6 records

Investments11 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BitGo