BitGo

BitGo, Inc. is a digital asset trust and security company headquartered in Palo Alto, California. Founded in 2013 by Mike Belshe and Ben Davenport, BitGo pioneered the multi-signature wallet, a technology that enhances the security of digital assets by requiring multiple private keys to authorize a transaction. This innovation positioned BitGo as an early leader in providing secure solutions for the nascent cryptocurrency market. The company's core mission is to provide institutional-grade security, custody, and liquidity solutions for digital assets, enabling businesses and financial institutions to navigate the complexities of the digital asset economy with confidence.

Over the years, BitGo has significantly expanded its service offerings beyond multi-signature wallets. In 2018, the company launched BitGo Trust Company, the first qualified custodian purpose-built for storing digital assets, offering fully regulated, cold storage solutions. This development was crucial in attracting institutional investors to the digital asset space. Further expanding its capabilities, BitGo introduced BitGo Prime in 2020, allowing clients to trade, borrow, and lend digital assets. The company also provides access to DeFi protocols, staking services, and NFT wallets. BitGo serves as the sole custodian for Wrapped Bitcoin (WBTC), a key component in the DeFi ecosystem. Today, BitGo supports over 800 tokens across various blockchains and provides the operational backbone for more than 1,500 institutional clients in over 50 countries, including regulated entities and leading cryptocurrency exchanges. The company processes a significant portion of global Bitcoin transactions by value, underscoring its systemic importance in the digital asset market. BitGo continues to innovate, focusing on providing secure and scalable solutions to meet the evolving needs of its global clientele.