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BitGo Accelerates Institutional Crypto Adoption with Strategic Expansion of Go Network Off-Exchange Settlement

BitGo Accelerates Institutional Crypto Adoption with Strategic Expansion of Go Network Off-Exchange Settlement

Business Wire4 days ago

NEW YORK--(BUSINESS WIRE)--BitGo, the leading provider of secure digital asset infrastructure, today announced a significant expansion of its Go Network Off-Exchange Settlement (OES) platform welcoming HTX, KuCoin, and Gate.io. This integration empowers institutional clients to securely access some of the industry's most liquid venues, reinforcing BitGo's leadership in shaping a safer, more mature digital asset market.
The integration of HTX, KuCoin, and Gate.io provides institutional clients with access to a wide spectrum of trading products, including spot, margin, options, and futures, and liquidity without requiring clients to move and hold assets on exchange 1. Assets are safeguarded in regulated cold custody, insured up to $250M, where clients retain complete control and ownership of them. Trades are then settled automatically within BitGo's regulated custody rails with OES partners using Go Network, enhancing operational efficiency by reducing friction and increasing transparency.
By decoupling custody from trading, institutional clients now gain stronger safeguards against exchange failures, fraud and hacks. As the industry continues to shift towards risk-mitigated trading solutions, BitGo is actively meeting this demand by providing the secure and compliant infrastructure essential for broad institutional adoption and sustainable growth. The continuous evolution of Go Network underscores BitGo's commitment to building a robust, resilient foundation for institutional engagement in crypto, and positions BitGo at the forefront of driving much-needed structure change.
Mike Belshe, CEO of BitGo, said, 'Institutional demand for digital assets is rising across every region, but global adoption won't scale without a secure and interoperable foundation. With Go Network, BitGo is enabling cross-market settlement that's fast, secure, and accessible—giving institutions worldwide the confidence to engage in crypto markets at scale. We're creating infrastructure that not only works for today's institutions, but anticipates tomorrow's regulatory standards.'
The Go Network ecosystem has seen consistent growth this year through partnerships with Copper's ClearLoop and Crossover Markets' Electronic Communication Networks, enabling access to Deribit and CROSSx, respectively. BitGo will continue to build on this momentum by expanding its Go Network partners, with the addition of strategic venues to be announced soon, reflecting BitGo's vision for an interconnected, secure, and efficient global digital asset trading environment.
About BitGo
BitGo is the leading infrastructure provider of digital asset solutions, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have focused on enabling our clients to securely navigate the digital asset space. With a large global presence through multiple regulated entities, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, as well as millions of retail investors worldwide. As the operational backbone of the digital economy, BitGo handles a significant portion of Bitcoin network transactions and is the largest independent digital asset custodian, and staking provider, in the world. For more information, visit www.bitgo.com.

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Associated Press

time18 minutes ago

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