BitGo

In 2013, Mike Belshe founded BitGo and launched the first commercial multi-signature wallet.

In 2018, BitGo launched digital-asset custody and became a qualified custodian.

In 2020, BitGo launched BitGo Prime, moving from custodian to a full institutional finance platform.

In 2021, Galaxy Digital announced a $1.2B acquisition of BitGo.

In 2022, the deal collapsed amid litigation and BitGo remained independent.

In August 2023, BitGo raised a $100M Series C at a $1.75B valuation.

In December 2025, the OCC approved BitGo's conversion into a national bank.

In January 2026, BitGo listed on the NYSE (BTGO), raising $212.8M.

In January 2026 BitGo Holdings listed on the NYSE under BTGO, the first crypto company to go public that year; in December 2025 subsidiary BitGo Bank & Trust received final OCC approval to operate as a national trust bank. On June 10 the company debuted on the Fortune 500 at No.

During the year it acquired NYDIG's institutional trading business, and on September 24 it launched BitGo Research with Greg Cipolaro as head of research. Services span custody, wallets, staking, trading, financing, stablecoins and settlement, with Go Network and Stablecoin-as-a-Service used by institutional clients; it filed its first 10-K on March 27. Future strategy and roadmap: use the federal trust bank charter to expand stablecoin issuance and custody, integrate the NYDIG trading business into a larger prime brokerage, and extend services into tokenized asset settlement.

Future strategy and roadmap: BitGo's route is to turn licences into rentable infrastructure: a national trust bank charter plus a public listing let it package custody, settlement and stablecoin issuance as white-label modules for banks instead of competing with exchanges at the trading layer. Buying NYDIG's institutional trading business adds about 250 institutional client relationships and some 30 derivatives and financing staff, so assets already in custody keep generating trading and financing revenue and custody fees become less cyclical. The IPO raised about USD 213 million for product and regulatory build-out, at the cost of having acquisition-led expansion priced by public markets every quarter.

BitGo was co-founded and is led by Mike Belshe. He studied computer science in California, worked as an engineer at Microsoft and Google, and is one of the authors of the SPDY protocol. In 2013 he started the company in Palo Alto, building multisignature wallets and institutional custody arrangements. He has long held the chairman and CTO roles at once, keeping engineering, legal and sales under his own hand, and is the firm's main public voice.

Operations are split between COO Jody Mettler, CFO Ed Reginelli and commercial lead Chen Fang, while chief legal officer Chuck Thompson and chief compliance officer Alex Rozman cover legal and audit work. Engineering is in custody, wallet and settlement groups, each with a technical lead reporting to Belshe.

BitGo's recent team changes: Angela Ang joined in May 2026 as Managing Director, APAC. Matthew Ballensweig departed in July 2026 as Head of Trading. Ed Reginelli left in August 2026 as CFO.

BitGo charges a storage fee on assets under custody, with the first $100,000 included and any excess billed at 5 bps per month. BitGo self-service accounts pay 0.25% on withdrawals of UTXO-based assets from self-custody wallets, separate from the on-chain network fee.

BitGo holds a US OCC national trust bank charter and a New York State limited-purpose trust company charter (NYDFS); it also holds a Singapore MAS Major Payment Institution licence, a German BaFin crypto-asset service provider (CASP) licence under MiCAR, and a Dubai VARA VASP licence.