BitGo is a blockchain company that was founded in 2013 by Mike Belshe and Ben Davenport and the main office is currently headquartered in Palo Alto, California. The main goal of the company is the BitGo digital wallet that was initially an online storage only for Bitcoin though the system now supports almost all of the popular altcoins. This web wallet can be connected to any device and the mobile version of the BitGo app allows users to keep the key for it on the gadget. There are two versions of the platform, such as for private and business use and the main difference between them that the second one has access to the large, verified cryptocurrency trading platforms. Besides cryptocurrency online storage, the BitGo wallet offers special tools for keeping digital money and other kinds of assets offline.
The rise of crypto custody continues as more institutional investors seek exposure to Bitcoin, Ether and decentralized finance.
MetaMask pushes institutional offering with BitGo integration
Arianna Simpson has been a general partner at 16z for more than a year as the venture capital firm has led several high-profile raises for crypto and blockchain...
Former BitGo employee will help deploy Andreessen Horowitz's $2.2B crypto fund
Crypto debit cards continue to catch on as an Australian digital assets startup gets approval from Visa to release a spending card down under.
Visa to approve Bitcoin spending card for Australian startup CryptoSpend
More than $6 billion worth of Bitcoin is now tokenized on Ethereum as WBTC.
1% of Bitcoin’s supply has been locked in the WBTC protocol
Under the acquisition’s terms, BitGo shareholders will get 33.8 million in newly issued shares of Galaxy Digital, in addition to $265 million in cash.
Galaxy Digital to acquire crypto custodian and services provider BitGo
Goldman Sachs-backed crypto custodian BitGo has acquired a New York Trust license to operate as an independent custodian in the state.
BitGo receives trust license from New York regulators
BitGo has hired a former Coinbase compliance officer following a $98,000 settlement with the U.S. Treasury.
Former Coinbase compliance exec joins BitGo as new CCO