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BitGo is a leading digital asset security company, providing institutional-grade investment solutions to individuals and businesses alike. BitGo has been on the forefront of the digital asset industry...

BitGo News & Headlines

Swan Bitcoin has announced its plan to create a Bitcoin-only trust company, ensuring secure custody of Bitcoin on its platform. By avoiding the risks associated with storing multiple altcoins in the same trust company, Swan aims to drive Bitcoin adoption while minimizing exposure. This move is particularly significant for institutional investors in the US, as they await the arrival of the Bitcoin ETF.

KEB Hana Bank, one of South Korea's largest financial institutions, will offer digital asset custody services in the latter half of 2024 through its partnership with BitGo. The collaboration aims to elevate global standards in South Korea's digital asset market. Hana Bank plans to enhance its digital asset custody services with BitGo and explore the potential for a joint venture. The Californian company will contribute by developing custody services and security solutions.

BitGo has withdrawn from a deal to buy Prime Trust, and has also faced a failed acquisition deal with Galaxy Digital.

BitGo has decided to terminate its acquisition of Prime Trust, a crypto custodian firm, after putting in "considerable effort and work" to resolve ongoing issues with the latter's deposits. The decision came just two weeks after BitGo announced its plans to acquire Prime Trust.

Cryptocurrency-focused financial services firm, Galaxy Digital, has been pleased with the $100m lawsuit dismissal, following the breakdown of its planned acquisition of BitGo, a crypto custodian. The ruling from the Delaware Court of Chancery stated that Galaxy had a "clean termination right" to the acquisition.

Crypto custody firm BitGo has reached a preliminary agreement to purchase Prime Trust, another Nevada-based custodian. Although there are no specific details available, the acquisition would combine two major crypto custodians that provide asset custody services. Prime Trust has been seeking emergency funding, and rumors suggest it may be struggling financially.

BitGo Overview

BitGo is the leader in digital asset financial services, providing institutional investors and crypto platforms with liquidity, custody, and security. In 2020, the company reached new milestones with the launch of BitGo Prime, the first and only deeply integrated, full-stack solution with custody, trading and lending. With the launch of BitGo Portfolio and BitGo Tax, the company also manages activities across wallets, exchanges and service providers.

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BitGo Meta Data

Company Legal Name: BitGo Inc

Year Founded: 2013

HQ Location: 2443 Ash St, Palo Alto, CA 94306, USA

HQ Timezone: America/Los_Angeles

Alexa US Rank: 40,552

Alexa Global Rank: 107,104

Total Employees: 340

Total $ Raised: 112,000,000

Estimated Annual Revenue: $50M-$100M

BitGo Jobs by Location

Check below to see all of the open BitGo jobs organised by office location.

Bangalore (5)

Bengaluru (2)

Palo Alto (1)

Sioux Falls (1)

BitGo Jobs by Team

Check below to see all of the open BitGo jobs organised by team.

Engineering & Modelling (7)

Finance & Accounting (1)

Information Technology (1)

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