Summer 2025
Bitgo Trust Co Intern
Posted on 4/21/2025
BitGo
501-1,000 employees
Secure custody and transaction services for institutions
No salary listed
Sioux Falls, SD, USA
- Currently enrolled in a JD program (1L or 2L preferred)
- Strong interest in trust and fiduciary law, financial regulation, or digital assets
- Excellent legal research, writing, and organizational skills
- Detail-oriented with a high level of discretion and professionalism
- Prior coursework or experience in trust law, securities law, or fintech is a plus
- Assist in reviewing and updating trust documentation, operating agreements, and account-opening materials
- Conduct legal and regulatory research related to trust companies, fiduciary standards, and digital asset custody
- Support ongoing compliance with state and federal trust company regulations
- Aid in preparing regulatory filings, audit responses, and board materials
- Help maintain and organize legal records, trust agreements, and client documentation
- Collaborate on internal policy updates related to digital asset custody, trust administration, and risk management
- Participate in cross-functional initiatives with Legal, Compliance, and Operations
- Prior coursework or experience in trust law, securities law, or fintech is a plus
BitGo provides secure and efficient solutions for institutional clients in the digital currency market, focusing on cryptocurrencies like Bitcoin. The company offers custodial services to securely store digital assets, multi-signature wallets that require multiple approvals for transactions, and APIs that allow clients to integrate these services into their platforms. Additionally, BitGo provides staking services, enabling clients to earn rewards by validating transactions on blockchain networks. Unlike many competitors, BitGo emphasizes compliance with regulatory requirements, such as the FATF Travel Rule, ensuring that clients can navigate the complexities of the digital currency market safely. The company's goal is to support institutional investors by offering essential services that enhance security and compliance in managing digital assets.
Company Size
501-1,000
Company Stage
Series C
Total Funding
$170.5M
Headquarters
Palo Alto, California
Founded
2013
Simplify's Take
What believers are saying
- BitGo's MiCA license allows EU-wide operations, expanding its market reach.
- Partnerships with GlobalStake and SOL Strategies enhance BitGo's institutional staking solutions.
- The new SEC Chair's pro-innovation stance may benefit BitGo's U.S. operations.
What critics are saying
- Increased competition from firms like Circle may dilute BitGo's EU market share.
- Solana staking services expose BitGo to blockchain volatility and technical challenges.
- Regulatory changes in the U.S. may require costly compliance adjustments for BitGo.
What makes BitGo unique
- BitGo offers multi-signature wallets, enhancing security for institutional clients.
- The company provides over 200 coins and tokens, supporting diverse digital asset needs.
- BitGo's strategic acquisitions, like Lumina and Hedge, expand its service offerings.
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Benefits
Company-paid medical, dental, and vision plans
Catered lunches, fresh snacks, and gourmet coffee
Commuting made easy with company-paid Caltrain passes
Competitive compensation, stock options, and 401k plan
Computer equipment and workplace furniture
Flexible vacation time
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -4%2 year growth
↓ -9%Exclusive Reporting Powered by MG Stover: MG Stover, a recognized leader in digital asset reporting, has partnered exclusively with GlobalStake to offer clients best-in-class, institutional-grade staking reports.
BitGo broke ground for its EU headquarters in Frankfurt in 2023 as part of a broader push to expand across the Eurozone.
BitGo expands in Europe after opening its Frankfurt headquarters and gaining local approvals in key EU countries.
Create an account to save your articles.Create an account to save your articles.In brief BitGo has become one of the first U.S. firms to receive approval under the EU's unified crypto rules.The license enables institutional crypto custody services throughout Europe without country-specific approvals.The move comes as Europe irons out the implementation of its comprehensive digital asset framework.Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENEBitGo has secured regulatory approval from Germany's Federal Financial Supervisory Authority, BaFin, enabling the U.S. crypto custody provider to expand its services across the European Union's member countries.The license positions BitGo as one of the first American digital asset firms to gain recognition under the EU's Markets in Crypto-Assets (MiCA) framework, a unified regulatory system, rolling out crypto custody services for its institutional clients across the bloc this year.BitGo has received a MiCA license from BaFin, marking a significant milestone in our European expansion. This approval extends our digital asset services across the EU—supporting both crypto-native companies and TradFi institutions, including banks and asset managers, seeking a… pic.twitter.com/wuyf6P01kg — BitGo (@BitGo) May 12, 2025Receiving the approval shows its "commitment to the highest standards of security, transparency, and trust," Harald Patt, managing director of the company's European arm, said in a statement released Monday.BitGo broke ground for its EU headquarters in Frankfurt in 2023 as part of a broader push to expand across the Eurozone.Since launching its BitGo Europe subsidiary, the firm has secured registrations in countries including Italy, Spain, Poland, and Greece. Its approval from BaFin enables it to operate across all 27 EU member states under a single regulatory framework.The company joins other crypto businesses that have pursued EU credentials, including Circle and Crypto.com.What is the MiCA framework?The Markets in Crypto-Assets regulation is the European Union's first comprehensive legal framework for crypto assets.Passed by the European Parliament in April 2023, MiCA aims to harmonize rules across EU member states, covering stablecoins, exchanges, and custodial services
Based in Frankfurt, Germany, BitGo Europe GmBH was established in 2023 as BitGo's European headquarters and with registrations in multiple jurisdictions, including Italy, Spain, Poland and Greece. The European Union (EU) has emerged as a leading region for crypto innovation following the introduction of its MiCA regulations, providing a clear regulatory framework for digital assets. BitGo's MiCA licence comes at a pivotal moment as BitGo expands its product suite to offer a broad range of institutional-grade digital asset solutions