Key Data

• Trading Name: BitGo
• Legal Entity: BitGo Inc. BitGo Europe GmbH et al.
  
• Activities: Digital assets service provider
  
• Location: US and global
  
• Regulations: regulated in several jurisdictions
  
• Key People: Mike Belshe
  

BitGo provides regulated custody, financial services, and core infrastructure for investors and builders in the digital asset economy. The company was founded in 2013 and pioneered the multi-signature wallet and later built TSS to improve upon other companies’ MPC. BitGo’s products fall into three major categories: securing assets, deploying capital, and building platforms.

The Offering

BitGo serves a wide variety of firms, including family offices, hedge funds, market makers, banks, exchanges, retail aggregators, platforms, and crypto startups. BitGo Trust Company serves as a qualified custodian and meets rigorous regulatory standards to protect client funds from loss or misuse.

In 2021, BitGo received approval from the New York Department of Financial Services (NYDFS) for a New York trust charter. Recently, BitGo was granted a German crypto custody license by BaFin.

Compliance Check

BitGo is a digital assets service provider regulated in multiple jurisdictions. We did not find any other negative conditions and therefore put BitGo on our Green Compliance List.