Full-Time
Confirmed live in the last 24 hours
Secure custody and transaction services for institutions
$200k - $235kAnnually
Senior, Expert
San Francisco, CA, USA
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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. BitGo also 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 goal of BitGo is to support institutional investors by offering reliable and compliant services that enhance the security and management of digital assets.
Company Size
201-500
Company Stage
Series C
Total Funding
$165.8M
Headquarters
Palo Alto, California
Founded
2013
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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
Digital asset infrastructure provider and qualified custodian BitGo launched an over-the-counter (OTC) trading desk that includes integrated trading, derivatives, lending and qualified custody. The platform features support for spot and derivatives trading, locked token transacting, lending and yield-generating products, and instant settlement, the company said in a Tuesday (Feb. 18) press release. “Our integrated OTC offering gives clients the ability to execute with a full-service desk across spot, derivatives and lending, all while their assets stay protected in qualified custody until the time of settlement,” Matt Ballensweig, managing director, head of trading at BitGo, said in the release. “We then leverage BitGo’s Go Network to settle assets at the same time — minimizing the hyper-prevalent prefunding risk that underlies our market structure.”
As per a latest report from Bloomberg, Crypto custody firm BitGo Inc. has introduced a global over-the-counter trading desk for digital assets as part of its plan to go public.
BitGo plans a potential IPO in late 2025, reflecting a maturing crypto market. The election of Donald Trump has boosted crypto enthusiasm, with Coinbase shares up 40%. BitGo's IPO highlights the growth of regulated digital asset custodians. Amid this, DexBoss and Aureal One are notable crypto presales. DexBoss, in its presale stage, offers DEBO tokens at $0.011, aiming for $750k, with $565.7k already raised, indicating strong investor interest.
BitGo is the latest crypto firm to announce plans to hold an IPO in 2025.
BitGo is the latest crypto firm to announce plans to hold an IPO this year.