Share this article
BitGo Unveils Retail Crypto Custody Platform
BitGo said the retail offering provides the same institutional-grade security guarantees under the hood that the firm’s existing customers are familiar with.
Dec 2, 2024, 3:14 p.m.
Make us preferred on Google
What to know:
- Users can set up a fully custodial service with a self-custody wallet alongside and move funds seamlessly between the two.
- U.S. customers who sign up for the service will be entered into a prize draw to win a full bitcoin.
BitGo, a cryptocurrency custodian that has been meeting companies' safekeeping needs since 2013, said it is introducing a dedicated retail platform for everyday crypto investors.
The retail custody offering is live for all global investors and provides the same institutional-grade security guarantees under the hood that the firm’s existing customers are familiar with, CEO Mike Belshe said in an interview.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
In fact, the very first incarnation of BitGo was kind of a retail-ish website, he said.
“What we quickly found back then was building a business around security turned out to be kind of the bigger play for us,” Belshe said. “I've always said we have a date with retail at some point in the future and it's just going to kind of depend on when that is, and it's now.
In terms of custodial and non-custodial wallets, or hot and cold storage, the new product is “whatever you want it to be,” Belshe said.
“We've had self-custody wallets forever. With the BitGo retail product, you can create a fully custodial wallet and right side-by-side with it inside the user interface, you can also create a self-custody wallet, and you can move funds seamlessly between the two.”
U.S. customers who sign up for the service will be entered into a prize draw to win a full bitcoin, BitGo said in a press release.
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Coinbase CEO says Big banks now view crypto as an ‘existential’ threat to their business
Brian Armstrong returns from World Economic Forum with message: traditional finance is taking crypto seriously
What to know:
- Coinbase CEO Brian Armstrong said a top executive at one of the world’s 10 largest banks told him crypto is now the bank’s “number one priority” and an “existential” issue.
- At Davos, Armstrong highlighted tokenization of assets and stablecoins as major themes, arguing they could broaden access to investments for billions while threatening to bypass traditional banks.
- He described the Trump administration as the most crypto-forward government globally, backing efforts like the CLARITY Act, and predicted that AI agents will increasingly use stablecoins for payments outside conventional banking rails.
Top Stories
