Golden Recursion Inc. logoGolden Recursion Inc. logo
Advanced Search
BitGo

BitGo

BitGo is a financial services company in  California that focuses on financial services, providing clients with security, custody, and liquidity solutions.

BitGo is a financial services company in  California that focuses on financial services, providing clients with security, custody, and liquidity solutions. Founded 2013 in Palo Alto, California, United States by Ben DavenportMike Belshe, and Will O'Brien, it is a processor of on-chain Bitcoin transactions, processing 15% of all global Bitcoin transactions, and $15 billion per month across all cryptocurrencies. BitGo supports over 200 coins and tokens, and has over $2 billion in assets in wallet. In 2018, the company introduced BitGo Custody and launched BitGo Trust Company, a custodian purpose-built for storing digital assets.

Timeline

May 5, 2021
Mike Novogratz's Galaxy Digital buys BitGo in industry's first billion-dollar deal.

April 23, 2021
BitGo announces its acquisition of Lumina, a financial platform for managing digital assets.
April 23, 2021
BitGo announces that it was awarded a contract to custody digital assets for the U.S. Marshals Service (USMS).
May 14, 2020
BitGo announces it has been named as the custodian of India-based crypto exchange, CoinDCX.
October 2018
BitGo raises a $57,500,000 series B round from Craft Ventures, DRW, Galaxy Digital Ventures, Redpoint Ventures and Valor Equity Partners.
December 2017
BitGo raises a $42,500,000 series B round from Bill Lee, Craft Ventures, DRW, David Sacks, Digital Currency Group, GS Growth, Galaxy Digital, Redpoint Ventures and Valor Equity Partners.
June 2014
BitGo raises a $12,000,000 series A round from Blockchain Capital, Bridgescale Partners, Capricorn Investment Group, Digital Currency Group, Eric Hahn, Founders Fund, Jeff Skoll, Liberty City Ventures, Radar Partners and Redpoint Ventures.
2013
Founded

Funding rounds

Patents

Further Resources

Title
Author
Link
Type
Date

News

Title
Author
Date
Publisher
Description
Bitcoin IRA
June 21, 2021
www.prnewswire.com:443
/PRNewswire/ -- Bitcoin IRA, the world's first, largest, and most secure cryptocurrency retirement platform, is announcing their official mobile app is now...
Bitcoin IRA
June 4, 2021
www.prnewswire.com:443
/PRNewswire/ -- Bitcoin IRA, the world's first, largest, and most secure platform that allows users to invest in cryptocurrencies with their self-directed...
Aislinn Keely
May 18, 2021
The Block
The firm announced Tuesday it has onboarded former BitLicense compliance head Cassandra Lentchner as COO across all BitGo trusts.
Frank Chaparro
May 10, 2021
The Block
Mike Novogratz noticed that Galaxy was missing out on clients looking for a "full stack" provider. So he brought custody services in-house.
Emily Graffeo
May 5, 2021
markets.businessinsider.com
Galaxy Digital Holdings announced Wednesday it agreed to acquire BitGo, a digital asset infrastructure start-up, for $1.2 billion in cash and stock.
SHOW MORE

References

Golden logo
By using this site, you agree to our Terms & Conditions.