BitGo News

BitGo CEO Mike Belshe says the market should expect another round of spot Bitcoin ETF rejections as there are still issues to be resolved.

The cryptocurrency custodian BitGo, backed by Goldman Sachs and Galaxy, obtained a custody license from BaFin, the German Federal Financial Supervisory Authority, as stated in a Nov. 1 release from Finance Magnates.

BitGo head Mike Belshe said the firm is close to receiving approval from the Dubai regulator. Cryptocurrency custodian BitGo, backed by Goldman Sachs, is seeking expansion into the Middle East following a recent $100 million funding round, which brought the…

This week, FTX initiated creditor settlement initiatives, as regulatory efforts commanded significant attention. Meanwhile, Stake fell victim to a multi-million-dollar exploit.

FTX, the defunct crypto exchange, has been consolidating coins as part of efforts to settle over $8 billion in debt owed to clients

The South Korean bank KEB Hana Bank closed a new partnership with the cryptocurrency company BitGo to develop crypto custody. The partnership between the two companies will aim to develop a cryptocurrency custody business in South Korea. KEB Hana Bank…

The Palo Alto-based security infrastructure and custodian firm, BitGo, secured a $100 million Series C funding round. This put the company at a $1.75 billion valuation. According to the press release, despite the regulatory differences, BitGo is already regulated in…

Digital assets custodian BitGo, will not be going forward with its planned acquisition of its rival crypto custody platform Prime Trust. 

Banq, a subsidiary of the Nevada-based crypto custodian Prime Trust, has filed for bankruptcy in a US bankruptcy court in Nevada.

The Delaware Court of Chancery has granted a motion by Galaxy Digital, resulting in the dismissal of BitGo's case following the abandoned acquisition.

Wrapped Bitcoin DAO is moving to a new multisig smart contract with 13 new signers including Chainlink.

Galaxy Digital, crypto-focused financial services and investment management giant, has terminated the acquisition deal with major digital assets custodian BitGo, stating that the latter failed to provide the required financial statement as part of the requirement for the deal.  Galaxy…

A company’s maturity phase serves as an important part of a business life cycle. Undoubtedly, the successes open up more profitable opportunities that can uplift an enterprise to greater heights. One way businesses seize this moment is through company acquisitions. …

Rarify has today announced that it is going into partnership with BitGo. The partnership is to provide access to valuable NFT analytics to BitGo’s institutional clients. The program is going to leverage the data API solution on Rarify’s platform. Bring…

TrueUSD, the first regulated stablecoin that is fully backed by the US Dollar has partnered up with internationally renowned banks and custodial accounts to lower the risk of transactions.  TrueUSD (TUSD) is the first independently verified digital asset redeemable at…

California-based digital assets financial services company, BitGo, received a charter to operate in New York as an independent and regulated custodian. BitGo Scores New York Trust Charter According to an official announcement on Thursday (Mar. 4, 2021), BitGo was granted…