Full-Time
Custodial and transaction services for digital assets
No salary listed
Expert
Sioux Falls, SD, USA
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 for easy integration into client platforms. BitGo also provides staking services, allowing 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 digital currencies safely. The goal of BitGo is to support institutional investors by offering reliable services that enhance security and compliance in managing digital assets.
Company Size
201-500
Company Stage
Series C
Total Funding
$170.5M
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
Then again, the alliance between Voltage and Bitgo has introduced the LN to the institutional discipline.
BitGo announces partnership with SOL Strategies to expand Solana institutional staking services.
Cryptocurrency custodian and broker BitGo is expanding its Solana staking rewards program.The expansion is happening via a new integration with Marinade Native, a staking protocol developed by Web3 software development company Marinade Labs, according to a Monday (April 28) press release.“BitGo clients can now start staking their Solana securely from within their BitGo wallets using Marinade Native, unlocking highly competitive staking rewards while maintaining full control of their assets,” the company said in the release. “Two elements of Marinade Native set it apart from other staking options: its Stake Auction Marketplace (SAM) and its Protected Staking Rewards (PSR). When a BitGo client stakes with Marinade, they are not delegating to a validator run by Marinade. Instead, multiple validators bid on the delegated Solana. Marinade’s protocol passes validator rewards back to the user, giving them a higher-than-market-average staking rewards rate.”In addition, BitGo clients retain custody of their Solana while staking with Marinade Native, earning staking rewards while their Solana remains securely in their wallets, according to the release.Marinade’s staking protocol is also embedded with protected staking rewards, a feature that protects Marinade stakers and reimburses them for unexpected underperformance of a validator in the stake pool, like commission changes or extended downtime, per the release.Meanwhile, crypto companies have reached 88 deals worth a total of $8.2 billion since the start of the year, almost triple the transaction value from 188 deals in the crypto sector in the whole of 2024.“There’s optimism that finally things changed,” Architect Partners founder Eric Risley said, per The Wall Street Journal. “The traditional crypto players that are large and at scale are now back in a growth-minded mode, and one of the tools that they have for growth is acquisitions.”Dealmaking in the crypto world had slumped in the past few years after the downfall of FTX, which ushered in a wave of new regulation efforts
In his fourth day on the job, the new Securities and Exchange Commission (SEC) Chairman Paul Atkins took a pro-innovation stance on cryptocurrency in a marked departure from the prior administration’s enforcement-first approach. Speaking at the agency’s third Crypto Task Force roundtable on Friday (April 25), Atkins sharply criticized the regulatory direction taken under the [] The post New SEC Chair Signals Major Shift Toward Innovation in Crypto Policy appeared first on PYMNTS.com.
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