BitGo is the most secure and scalable solutions for the digital asset economy, offering regulated custody, borrowing and lending, and core infrastructure to investors and builders alike.
BitGo enables our clients to securely hold, invest, and build with digital assets.
BitGo was founded in 2013 by Mike Belshe and Ben Davenport. The company is headquartered in Palo Alto, California.
BitGo pioneered the multi-signature wallet and later built TSS to improve upon other companies' MPC offerings. Between multi-sig and TSS, BitGo offers the safest technology on the market and safeguards over 600 tokens across a wide variety of blockchains.
BitGo has expanded from offering wallets into providing a full-suite solution that lets clients hold assets safely and then put them to work. The company launched BitGo Trust Company in 2018, providing fully regulated, qualified cold storage to complement BitGo Inc’s original hot wallet solution.
BitGo also launched BitGo Prime, which allows its clients to trade, borrow, and lend. The company also provides access to DeFi, staking, NFT wallets, and beyond, and serves as the world’s sole custodian for WBTC, or wrapped Bitcoin.
BitGo currently serves more than 1,500 institutional clients in over 50 countries – a list that includes many regulated entities and the world’s top cryptocurrency exchanges and platforms. The company also processes approximately 20% of all global Bitcoin transactions by value.
BitGo is backed by Goldman Sachs, Craft Ventures, Galaxy Digital Ventures, Redpoint Ventures, Valor Equity Partners, DRW, Pantera Capital, and others. The company raised $100M in a Series C round on Aug 16, 2023. This brings BitGo's total funding to $169M to date. The latest round mints BitGo a unicorn with a valuation of $1.75B post-money.