BitGo Prime enhances digital asset management with new services

BitGo: BitGo is a federally chartered digital asset bank and qualified custodian that has provided regulated custody, settlement, and infrastructure services to institutions since its founding. It underpins BitGo Prime with secure cold storage, Delivery-vs-Payment settlement, and off-exchange trading capabilities to minimize counterparty risk. Recent expansions include acquiring institutional trading assets and launching new product features focused on tokenized securities and asset servicing. BitGo Prime: BitGo Prime provides institutions with digital asset prime brokerage services including trading, financing through crypto-backed loans, collateral management, OTC derivatives, and settlement options while assets remain in qualified custody. The service aggregates liquidity and supports execution via web platform, APIs, and OEMS integrations to improve operational efficiency and capital deployment. It builds directly on BitGo's regulated infrastructure to enable lending idle balances for yield and hedging without liquidating positions. Adoption: Institutions are shifting focus from basic crypto ownership and custody to deploying assets for collateral, yield generation, and risk management within regulated environments. Expansion: BitGo has pursued strategic acquisitions of institutional trading businesses to deliver integrated custody, trading, financing, and settlement on a single platform. Regulation: BitGo operates under federal oversight following conversion to a national trust bank charter, supporting institutional confidence in qualified custody arrangements.