BitGo to Go Public with $90 Billion in Assets
The cryptocurrency custodian BitGo has submitted an application to the U.S. Securities and Exchange Commission (SEC) for an IPO.
BitGo to Go Public with $90 Billion in Assets
The cryptocurrency custodian BitGo has submitted an application to the U.S. Securities and Exchange Commission (SEC) for an IPO.
World Liberty Financial to Launch USD Stablecoin
The DeFi project by the Trump family, World Liberty Financial (WLFI), has confirmed plans to launch a dollar-backed stablecoin, USD1. Meet USD1 — the stablecoin your portfolio’s been waiting for. Built for institutions and retail alike. Backed by dollars. Custodied by BitGo.No games. No gimmicks. Just real stability.https://t.co/vXPbZe0GPn — WLFI (@worldlibertyfi) March 25, 2025 “USD1 […]
BitGo CEO Highlights IPO Benefits for Crypto Firms
An initial public offering (IPO) can “ensure trust in digital assets,” according to BitGo CEO Mike Belshe, as reported by Cointelegraph. In his view, the key components include comprehensive due diligence, associated processes, and oversight by the U.S. Securities and Exchange Commission (SEC). The BitGo CEO welcomed recent changes in the leadership of the SEC […]
BitGo Unveils Retail Cryptocurrency Trading Platform
Digital asset infrastructure provider BitGo has launched a dedicated retail platform for cryptocurrency transactions. The BitGo Retail platform has launched! With BitGo Retail, you get access to:— Secure trading with institutional-grade protection— Custody solutions trusted by industry leaders— Opportunities to stake and earn rewards, all under one platform BitGo’s trusted security… pic.twitter.com/M9vMDBQo2I — BitGo (@BitGo) […]
BitGo to Launch Yield-Bearing Stablecoin USDS
In 2025, BitGo will introduce a dollar-backed stablecoin, USDS. The custodial platform will offer rewards for providing liquidity to the ecosystem, reports CoinDesk. USDS will be backed by short-term US Treasury bills, overnight REPO transactions, and cash. BitGo plans to list USDS on all major exchanges and expects the token’s capitalization to reach $10 billion […]
MakerDAO Halts New Loans Backed by Wrapped Bitcoin
The MakerDAO community has approved a proposal to cease issuing new loans backed by BitGo’s Wrapped Bitcoin (WBTC). This was reported by The Block. The decision involves reducing the debt ceiling of the token to zero, effectively blocking any new borrowings using the asset as collateral. The changes will not affect existing loans backed by […]
BitGo Transfers $2 Billion in Bitcoin Linked to Mt. Gox
Custodian BitGo has transferred 33,140.4 BTC (approximately $1.97 billion) associated with the defunct crypto exchange Mt. Gox, according to analysts at Arkham. BREAKING: Bitgo has just moved $2B of Mt. Gox BTC. pic.twitter.com/3aPFPhmGGN — Arkham (@ArkhamIntel) August 13, 2024 This is the last of five platforms working with the trustee to distribute funds to creditors. […]
BitGo Partners with Justin Sun and TRON to Expand WBTC Custody
Custodial platform BitGo has expanded the jurisdictions for storing bitcoin used in Wrapped Bitcoin (WBTC) to Singapore and Hong Kong. This development follows a strategic partnership with TRON-affiliated firm BiT Global. BitGo is pleased to announce the move of its WBTC business to the world’s first multi-jurisdictional and multi-institutional custody via a unique partnership and […]
BitGo acquires HeightZero, asset-management software provider
BitGo, a crypto custodian, acquired HeightZero — a firm that provides asset-management software. CoinDesk reports.
BitGo raises $100 million at $1.75 billion valuation
The crypto custodian BitGo closed a $100 million financing round, valuing the company at $1.75 billion.We use cookies to improve the quality of our service.
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