
BitGo
Founded Year
2013Stage
Option/Warrant - III | AliveTotal Raised
$186.14MLast Raised
$6.32M | 8 mos agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-32 points in the past 30 days
About BitGo
BitGo provides digital asset custody and financial services within the cryptocurrency sector. It offers secure wallet solutions, qualified custody, and financial services including trading, financing, and wealth management. It serves institutional investors, trading firms, investment advisors, exchanges, retail platforms, and developers. It was founded in 2013 and is based in Palo Alto, California.
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ESPs containing BitGo
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The institutional staking market provides enterprise-grade staking infrastructure and services to institutional investors, investment funds, exchanges, and crypto platforms seeking to earn yield on their digital assets. Companies in this market offer non-custodial and custodial staking solutions with institutional-grade security, compliance frameworks, multi-asset support, and specialized reportin…
BitGo named as Highflier among 15 other companies, including Fireblocks, Blockdaemon, and Ledger.
BitGo's Products & Differentiators
Wallet Platform
BitGo’s wallet platform creates an ideal balance between security and accessibility—enabling clients to move assets seamlessly and reliably, protected by BitGo’s pioneering multi-key security, multi-user policy controls, and advanced security configurations. BitGo offers flexible wallet security and transaction policy features to address a range of business needs. Protect your wallet against any single point of failure with BitGo's multi-key security. Enforce controls and policies using whitelists, velocity limits, and administrative approvals.
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Research containing BitGo
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned BitGo in 6 CB Insights research briefs, most recently on May 29, 2025.

May 29, 2025
The stablecoin market map
May 23, 2025 report
Book of Scouting Reports: Stablecon 2025
Oct 18, 2023 report
State of Fintech Q3’23 Report

Oct 15, 2022
What is institutional staking?Expert Collections containing BitGo
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
BitGo is included in 8 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,286 items
Blockchain
9,542 items
Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.
Wealth Tech
2,424 items
Companies and startups in this collection digitize & streamline the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors.
Digital Lending
2,464 items
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Fintech 100
350 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Fintech
9,685 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
BitGo Patents
BitGo has filed 3 patents.

Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
12/14/2018 | 9/14/2021 | Cryptocurrencies, Cryptography, Alternative currencies, Key management, Bitcoin exchanges | Grant |
Application Date | 12/14/2018 |
---|---|
Grant Date | 9/14/2021 |
Title | |
Related Topics | Cryptocurrencies, Cryptography, Alternative currencies, Key management, Bitcoin exchanges |
Status | Grant |
Latest BitGo News
Sep 4, 2025
Trusted Custodianship Lays the Foundation for Compliant, Scalable Enterprise Activity Across Somnia’s Network September 04, 2025 09:40 ET London, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Somnia , the high-performance blockchain purpose-built for entertainment, gaming, and AI-driven applications, today announced a strategic partnership with BitGo Trust Company Inc., the digital asset infrastructure company. This integration delivers secure, scalable, and compliant infrastructure for enterprise partners and developers building on the Somnia network. As Somnia onboards an increasing number of studios, IP holders, entertainment partners, and Web2-native platforms transitioning to Web3, the demand for trusted custodial solutions has surged. This partnership forms a key part of Somnia’s enterprise enablement strategy, designed to meet the security, compliance, and operational needs of ecosystem participants managing high-value assets. “Somnia is the foundation for a new generation of real-time digital economies,” said Paul Thomas, Founder of Somnia. “Enterprises and ecosystem partners need more than a high-performing chain; they need custody solutions that are secure, compliant, and operationally flexible. BitGo brings that trust and infrastructure.” Enterprise Infrastructure for a Scalable Web3 Economy Through this partnership, Somnia strengthens its enterprise infrastructure, offering regulated custody solutions that support treasury management, DAO operations, and secure flows for exchanges, liquidity providers, and institutional participants. BitGo enhances Somnia’s compliance posture with regulated custody tailored to institutional-grade needs. This integration makes it safer and simpler for teams to move and manage assets on Somnia. “The industry has matured. Institutional players are no longer just experimenting, they’re building,” said Chen Fang, CRO of BitGo. “Somnia’s architecture demonstrates this shift, and we’re proud to support it with digital asset infrastructure that delivers scale and trust.” Purpose-Built for Partners With two billion transactions processed and more than 70 projects currently building on Somnia, this partnership signals the network’s transition into a mature, enterprise-grade platform capable of supporting the needs of real businesses. Whether it’s large-scale entertainment IP, multiplayer game economies, or AI-driven content networks, Somnia now offers a complete set of tools for compliant on-chain operations: secure asset management, enterprise wallet permissions, and real-time composability. This partnership reinforces Somnia’s core mission: to bring the world’s entertainment and content ecosystems on-chain through high-performance, real-time blockchain infrastructure. About Somnia Somnia is bringing the world’s data on-chain with the fastest, most cost-efficient EVM Layer 1 blockchain, processing over 1M TPS with sub-second finality and sub-cent fees even in high-density scenarios. Somnia’s innovative design includes the new Multistream Consensus with accelerated sequential execution, the custom IceDB database, advanced compression techniques, and instant reactivity to on-chain events directly in Solidity. Somnia is the only blockchain fully equipped for real-time, reactive, mass-consumer dApps that reach millions of users. Find out more at somnia.network About BitGo BitGo is the digital asset infrastructure company, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, BitGo has been focused on accelerating the transition of the financial system to a digital asset economy. With a global presence and multiple regulated entities, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms worldwide. For more information, visit www.bitgo.com .
BitGo Frequently Asked Questions (FAQ)
When was BitGo founded?
BitGo was founded in 2013.
Where is BitGo's headquarters?
BitGo's headquarters is located at 2443 Ash Street, Palo Alto.
What is BitGo's latest funding round?
BitGo's latest funding round is Option/Warrant - III.
How much did BitGo raise?
BitGo raised a total of $186.14M.
Who are the investors of BitGo?
Investors of BitGo include SK Telecom, Hana Financial Group, The Brink's Company, Redpoint Ventures, Valor Equity Partners and 17 more.
Who are BitGo's competitors?
Competitors of BitGo include Utila, Digital Securities, Circle, AZA Finance, Airwallex and 7 more.
What products does BitGo offer?
BitGo's products include Wallet Platform and 4 more.
Who are BitGo's customers?
Customers of BitGo include Nike, BitcoinIRA, SoFi and Bullish.
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Compare BitGo to Competitors

Ledger involved in the security and management of digital assets in the cryptocurrency domain. The company offers hardware wallets for storing cryptocurrencies, as well as a companion application for managing and interacting with digital assets. Ledger's products are available for individual consumers and institutional investors, focusing on storage, transaction, and portfolio management. It was founded in 2014 and is based in Paris, France.

Ripple provides digital asset infrastructure for financial services, focusing on cross-border payments and digital asset management. The company offers solutions for payment settlement, liquidity management, and a global payout network, as well as services for storing and managing digital assets. Ripple was formerly known as OpenCoin. It was founded in 2012 and is based in San Francisco, California.

Zepz is a company in the financial technology sector that facilitates international payments. It provides digital solutions for sending money across borders, including options for bank deposits, cash collections, and mobile money services. Zepz serves the ecommerce industry by offering online money transfers. The company was formerly known as WorldRemit. It was founded in 2021 and is based in London, United Kingdom.

Lianlian Pay operates a network of agents in China where consumers can convert cash into mobile-phone minutes. It allows customers to purchase airline tickets, video gaming credits, and utility bills with its network. It was founded in 2003 and is based in Hangzhou, China.

Paga is a mobile money company that focuses on facilitating digital financial transactions. The company offers services that allow users to send and receive money, pay bills, and top up airtime and data. Paga primarily serves the financial technology sector by simplifying access to financial services for individuals. It was founded in 2009 and is based in Lagos, Nigeria.

Xapo Bank operates as a financial institution integrating traditional banking with cryptocurrency. The company offers banking services that allow customers to manage both US Dollar and Bitcoin accounts, providing a platform for transactions and wealth growth. The bank primarily serves individuals interested in blending traditional finance with the cryptocurrency economy. It was founded in 2014 and is based in Gibraltar, United Kingdom.
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