BitGo provides the most secure and scalable wallet solutions for the digital asset economy, offering regulated custody, staking and trading, and core wallet infrastructure. Founded in 2013, BitGo pioneered the multi-signature wallet and is the first digital asset company to focus exclusively on serving institutional clients. In 2018, it launched BitGo Trust Company, the first qualified custodian purpose-built for storing digital assets, and established BitGo New York Trust in 2021. In 2022, BitGo launched institutional-grade DeFi, NFT, and web3 services. BitGo secures approximately 20% of all on-chain Bitcoin transactions by value and supports more than 700 digital assets within its platform. BitGo provides the security and operational backbone for more than 1,500 institutional clients in 50 countries, including many regulated entities and the world's top cryptocurrency exchanges and platforms.
BitGo, a leading digital asset security and custody company, continues to demonstrate its innovative prowess and market leadership through a series of strategic initiatives and partnerships. The company has recently unveiled plans to launch USDS, a groundbreaking reward-bearing stablecoin backed by Treasury bills and other secure assets, set to debut in January 2025. This move into the stablecoin market aims to revolutionize liquidity by offering unique rewards to participating institutions.
In a significant expansion of its services, BitGo has introduced a Token Management Service, designed to streamline the lifecycle management of digital assets for crypto foundations. This new offering provides regulated and insured custody, addressing the fragmented landscape of token management and further solidifying BitGo's position as a trusted partner in the crypto ecosystem.
BitGo's commitment to enhancing security and compliance in the stablecoin space is evident in its new partnership with Anzens and EMURGO. The company will provide custodial services for the Cardano-based USDA stablecoin, reinforcing its reputation as a reliable custodian for diverse digital assets.
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