A Decade of Excellence: BitGo’s 10-Year Journey in Crypto and Forward Focus

BitGo’s next-gen wallet solutions to drive business growth for clients in a more regulated future

BitGo Editor
Official BitGo Blog

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BitGo’s mission is to deliver trust in digital assets. Over the course of the last decade, we have provided institutional-grade, regulated, and scalable wallets to large fintech and crypto platforms, global brands, sophisticated institutions, governments, and developers.

Since 2013, our company has undergone tremendous growth, transitioning from a provider of SaaS products to a robust software development platform and a trusted financial services provider. Many of our valued clients have been with us since our early days and have since grown alongside us, taking advantage of our expanded service offerings. In addition to our regulated and qualified custody services, we provide a range of other services such as trading, staking, borrowing and lending, collateral management, and capital introductions to our clients.

Why wallets matter

Wallets are essential for anyone looking to navigate the world of crypto and web3. Whether you’re an individual, institution, enterprise, or a developer, having a secure, reliable, and scalable wallet is crucial. As the leading wallet company, BitGo recognizes this need and is dedicated to providing accessible wallet solutions that empower businesses to grow confidently within a regulated environment. BitGo is committed to the evolving needs of our clients and the broader crypto ecosystem.

BitGo is a multi-technology wallet company

Security is paramount in the world of digital assets. That is why we have consistently applied best-in-class security, financial, and operational controls to mitigate risks and avoid single points of failure. BitGo is a multi-technology wallet company which provides a technology stack that includes multisig, MPC, TSS, Taproot, SegWit, BLS and Schnorr signatures, offline HSMs, and vaulted cold storage. Here at BitGo we employ the most essential technologies for each use case, and our relentless focus on security and regulatory compliance continues to guide our product vision for the future.

Since 2013, BitGo’s wallet solutions have grown from software solutions to include a range of custodial and financial services that cater to the ever-changing needs of the industry. This evolution has earned us the trust of some of the most reputable brands and businesses worldwide. BitGo’s unwavering focus on security and regulatory compliance will remain at the core of the product vision, ensuring that we continue to provide industry-leading wallet solutions that empower our clients to succeed. With this commitment, we aim to drive the growth of the broader crypto ecosystem and foster innovation in the digital asset space.

BitGo by the numbers

Over the past ten years, BitGo wallets have crossed major milestones including:

  • trusted by 1500+ clients globally in over 50 countries
  • process 20% of all on-chain Bitcoin transactions by value
  • Secure assets for over 100M+ users
  • powers 150+ crypto exchanges worldwide
  • processed over $3T in transaction value

As the world of digital assets becomes more focused on the strongest regulated foundations, BitGo next-generation wallet solutions are regulatory-ready and easy to integrate:

BitGo Wallet Services

For fintechs, institutions, and developers, BitGo offers battle-tested, regulatory-compliant, and scalable wallet infrastructure. Our wallet services allow clients to deploy multi-purpose vaults instantly to store over 700 digital assets and USD. With a single API call, clients can create wallets with instant withdrawal capabilities or regulated custodial cold wallets. Furthermore, we provide turnkey staking and trading capabilities to help clients maximize their assets while keeping them safe in cold storage. At BitGo, we prioritize security and regulatory compliance in everything we do. Our commitment to these critical aspects ensures that our clients’ assets are always secure, and we remain a trusted partner in the digital asset space. Not all custody is created equal.

Go Network

For traders, BitGo provides a real-time, 24/7 settlement solution with our Go Network members for both off-exchange and USD plus digital asset transactions with atomic swaps. The Go Network leverages the unparalleled benefits of BitGo Trust, a regulated qualified custodian and bankruptcy remote entity that offers $250M insurance on digital assets. This ensures that clients’ assets are secure and well-protected at all times. With the Go Network, traders can be reassured that they are utilizing a secure and reliable settlement solution that is unmatched in our industry.

Activate

For protocols and token projects, BitGo solves the liquidity problem at scale. Unlike other solutions that provide limited custodial support or liquidity on a single exchange, we enable unmatched access to a network of 175+ liquidity venues. Our solution not only enables your business to efficiently manage your token launch, but also provides your investors and employees with the tools they need to manage their tokens securely and easily. Additionally, our platform brings WBTC and institutional DeFi to your network, enabling you to leverage the latest advancements in DeFi to grow your business.

We look forward to our next ten years of innovation as we will continue to make BitGo’s products and services even more reliable, secure, and easy to integrate for institutions, protocols, traders, developers, and platforms to enter and thrive in crypto. Join us to deliver trust in digital assets.

Connect with us to learn how BitGo’s wallet solutions can help accelerate your business.

About BitGo

BitGo provides the most secure and scalable wallet solutions for the digital asset economy, offering regulated custody, staking and trading, and core infrastructure to investors and builders alike.

Founded in 2013 — the early days of crypto — BitGo pioneered the multi-signature wallet and later built TSS to improve upon other companies’ MPC offerings. Between multisig and MPC TSS, BitGo offers the safest technology on the market and safeguards over 700 tokens across a wide variety of blockchains. Over the years, BitGo has expanded from offering wallets into providing a full-suite solution that lets clients hold assets safely and then put them to work. BitGo launched BitGo Trust Company in 2018, providing fully regulated, qualified cold storage to complement BitGo Inc’s hot wallet solution. In 2020, BitGo launched BitGo Prime, which allows its clients to trade, borrow, and lend digital assets. Moreover, BitGo also provides access to DeFi, staking, NFT wallets, and beyond, and serves as the world’s sole custodian for WBTC (Wrapped Bitcoin). BitGo is the leader in digital asset security, custody, and liquidity, providing the operational backbone for more than 1500 institutional clients in over 50 countries — a list that includes many regulated entities and the world’s top cryptocurrency exchanges and platforms. BitGo also processes approximately 20% of all global Bitcoin transactions by value. For more information, please visit www.bitgo.com.

©2023 BitGo Inc. (collectively with its affiliates and subsidiaries, “BitGo”). All rights reserved. BitGo Trust Company, Inc., BitGo Inc., and BitGo Prime LLC are separately operated, wholly-owned subsidiaries of BitGo Holdings, Inc., a Delaware corporation headquartered in Palo Alto, CA. No legal, tax, investment, or other advice is provided by any BitGo entity. Please consult your legal/tax/investment professional for questions about your specific circumstances. Digital asset holdings involve a high degree of risk, and can fluctuate greatly on any given day. Accordingly, your digital asset holdings may be subject to large swings in value and may even become worthless. The information provided herein is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. BitGo is not directing this information to any person in any jurisdiction where the publication or availability of the information is prohibited, by reason of that person’s citizenship, residence or otherwise.

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The leader in institutional digital asset custody, trading, and finance. Learn more at bitgo.com