BitGo / 4:09 am

Genesis, BitGo Team Up to Ease Crypto Trading for Institutions

Cryptocurrency custodian BitGo and over-the-counter (OTC) specialist Genesis Global Trading have teamed up on a service designed to make Wall Street feel more comfortable dipping a toe in the market. Announced today, the tie-up means institutional investors storing digital assets with BitGo can use Genesis’ platform to execute trades at the speed they are accustomed […]

BitGo / 7:58 pm

Coinbase Just Moved $5 Billion in Crypto to Prepare for Token Expansion

Coinbase is moving to significantly expand the number of digital assets listed on its platform – a process that has led to a radical rethinking of how the startup safeguards billions of dollars worth of cryptocurrencies. To this end, Coinbase moved retail traders’ crypto assets – worth some $5 billion – into its upgraded storage […]

BitGo / 1:27 pm

BitGo Brings Banker Out of Retirement to Lead Institutional Crypto Custody

BitGo has hired Richard J. Corcoran, a long-time veteran of the trust company industry, to head the crypto security startup’s institutional custody business. Announced Thursday, Corcoran will oversee billions of dollars in value as CEO of a recently formed division called BitGo Trust Company, one of a growing field of crypto custodians courting hedge funds, […]

BitGo / 6:29 am

Crypto Custodian BitGo Adds New Stablecoins in Bid to Woo Institutions

BitGo has added support for its 101st asset as the crypto custody startup works to offer a wide spectrum of services for institutional investors. Revealed exclusively to CoinDesk, BitGo now handles the Winklevoss brothers’ Gemini dollar (GUSD), which followed its hundredth asset, Circle’s Circle USD (USDC), added on Nov. 6. Both are so-called stablecoins, designed […]

Altcoins / 10:29 pm

Stellar Lumens [XLM] and Dash to be supported on BitGo blockchain security platform

Recently, California-based blockchain security company, BitGo announced their support for two major players in the cryptocurrency market, Dash and Stellar Lumens. The Founder and CEO of BitGo, Mike Belshe stated that both the platforms offer advancement in payments. He added that Dash has been focusing on offering instant payments and one of their unique features is […]

BitGo / 2:30 pm

BitGo Receives Regulatory Approval to Custody Crypto Assets

Crypto security startup BitGo has received approval in the U.S. to act as a qualified custodian for digital assets. The company, which has spent most of 2018 attempting to launch a regulated custodian entity, announced that the BitGo Trust had been approved by the South Dakota Division of Banking on Thursday, meaning it can now offer […]