Company Overview
BitGo is a digital asset infrastructure company which provides a broad array of services including secure custody, multi‑signature wallets, staking, trading, financing, and settlement services for cryptocurrencies and other digital assets. Founded in 2013 and headquartered in Palo Alto, California, BitGo operates through a network of entities which are separately operated, wholly-owned subsidiaries of BitGo Holdings, Inc., a Delaware corporation, now publicly traded on the New York Stock Exchange, under the ticker symbol BTGO. BitGo recently secured OCC approval to convert to a Federally Chartered National Trust Bank, offering qualified custody with up to $250 million in insurance coverage. The company manages over $100 billion in assets, and has created more than 9.3 million wallets, supporting over 1,400 tokens across multiple blockchains, including 80 of the top 100 digital assets by market capitalisation. It caters to thousands of institutional clients, including top cryptocurrency exchanges, across more than 90 countries.
Products and Services
Licensing and Supervision
- Regulated / Licenced: U.S, Europe (7 markets + Passporting), Singapore.
- Registered / Authorised: Almost all investable markets.
- Pending Licence / Regulated Status: None.
Supported Assets
1400+ assets across most blockchains, including:
Custody and Security Framework
Hot / Warm / Cold Wallets, Multi-Signature, Multi-Party Computation (MPC) / Threshold Signature Scheme (TSS), Hardware Security Modules (HSMs level not disclosed), CCSS Level 3, SOC1 Type II & SOC2 Type II External Controls Audits, Bug Bounty, Independent PEN Testing.
Supported Markets
90+ markets, with offices in Australia, Europe, Hong Kong, Singapore, Japan, UAE, and United Kingdom.
Travel Rule Compliance
Fully Compliant; Third-party solution.
Copyright Information and Disclaimer
Reproduction or distribution of any report on this website in whole or in part is prohibited except by prior written permission.
All reports are provided on an “as is” basis for informational purposes only. The content on this site is provided for general information only. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content or reports on this site.
Although Thomas Murray makes reasonable efforts to update the information on its site, it makes no representations, warranties or guarantees, whether express or implied, that the content or reports on this site is accurate, complete or up to date.
Thomas Murray will not be liable to you for any loss or damage, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, even if foreseeable, arising under or in connection with:
- use of, or inability to use, our site; or
- use of or reliance on any content or report displayed on our site.
In particular, Thomas Murray we will not be liable for:
- loss of profits, sales, business, or revenue;
- business interruption;
- loss of anticipated savings;
- loss of business opportunity, goodwill or reputation; or
- any indirect or consequential loss or damage.
The reports do not constitute a rating, certification, endorsement, guarantee, investment advice, legal or regulatory advice, or a recommendation to enter into any transaction or relationship with any digital asset service provider. Thomas Murray does not act as a fiduciary, and no duty of care is owed to any third party.
The analysis contained in the reports is based on information obtained from primary and third-party sources believed to be reliable; however, Thomas Murray does not warrant or guarantee the accuracy or completeness of such information. Users remain solely responsible for their own due diligence, risk assessment and decision-making. The reports are intended to complement, not replace, independent evaluation and monitoring processes.
Nothing in this disclaimer shall exclude or limit liability to the extent such exclusion or limitation is not permitted under applicable law.
Digital Asset Custodian Monitoring
Thomas Murray's Digital Asset Custodian Monitoring (DACM) product sets a standard for transparency and risk intelligence in digital markets. Against an industry that is complex, fragmented, unstandardised, and fraught with cyber risk, our product provides you with the tools and insights to effectively evaluate, select and monitor your digital asset custodian.
Contact us
Insights
Navigating the Custody Landscape: A Balanced Approach to Risk Management and Achieving Operational Efficiencies
Custody is no longer just about safekeeping assets. It’s about data integrity, resilience, and the ability to support an institution’s operating model
Institutional Adoption of Digital Assets in 2025: the Factors Driving the Industry Forward
Institutional adoption of digital assets is accelerating in 2025, with the tech now seen as a legitimate force in finance despite early scepticism.
Thomas Murray Launches Digital Asset Custodian Risk Monitoring Service for Financial Institutions
The solution provides institutions with robust monitoring and oversight of chosen digital asset providers and associated downstream counterparties.
Innovations in Digital Asset Custody: Enhancing Security and Multi-Asset Management for Institutional Investors
Discover how cutting-edge technologies and integrated platforms are revolutionising digital asset custody.