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BitGo Now Has $64B in Assets Under Custody, CEO Attributes Growth to Institutional Interest

BitGo, the cryptocurrency custody provider being acquired by Galaxy Digital, has seen its assets under custody (AUC) swell to over $64 billion due to rising institutional interest in the space. BitGo CEO Mike Belshe discusses the firm’s growth, plans, and institutional activity.

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BitGo supera i 64 miliardi di dollari in custodia mentre il COO Cassie Lentchner assume la carica di presidente di "Trust"

L'aumento dell'AUC (un anno fa BitGo deteneva 16 miliardi di dollari) è stato attribuito alla corsa all'investimento degli investitori istituzionali.

BitGo co-founder Mike Belshe (Michael Nagle/Bloomberg via Getty Images)

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BitGo CEO on Bitcoin: ‘Large Peak, Large Retreat Ahead’

As bitcoin bounces back above $49,000, Mike Belshe, CEO of institutional crypto custody and security firm BitGo, discusses his short-term outlook and long-term price prediction for BTC. “We will probably … see a large peak and then a large retreat,” Belshe said. “It’s a volatile space. Be prepared for it.”

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BitGo CEO Talks Bitcoin, Crypto Regulation, WBTC

Over the past 30 days, bitcoin is up about 40%, trading at just below $50,000, although it is likely to face resistance towards the $55,000 mark. Mike Belshe, CEO of crypto custodian BitGo, discusses the potential catalyst for the rally and how much of the current regulatory environment has to do with the crypto markets. Plus, his outlook on the growth of wrapped bitcoin (WBTC). 

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What the Infrastructure Bill Could Mean for Crypto Firms

Jeff Horowitz, Chief Compliance Officer of crypto custodian BitGo, digs into the U.S. Senate's $1 trillion infrastructure bill and what it could mean for his business. "I don't see it as a day one issue for us, but as we've seen this week, really broad and narrowly defined definitions could mean a lot," Horowitz said. "To put a bill out there and figure out later is not the best way to go about sensible regulation." Plus, his insights into why the U.S. government has given a contract to Anchorage Digital over BitGo and broader crypto adoption for the institutional markets.

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Why US Government Yanked BitGo’s Contract and Gave It to Anchorage

Digital asset infrastructure provider BitGo’s $4.5 million deal to be the custodian of cryptocurrency seized by the U.S. government fell through late last week. Instead, Anchorage, a smaller competitor, secured a more significant contract for $6.6 million.

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Kebijakan

Perché il governo degli Stati Uniti ha ritirato il contratto di BitGo e lo ha dato ad Anchorage

Una storia di rivalità Cripto , contratti multimilionari e definizioni burocratiche di "piccola impresa".

US Marshals Auction Off Personal Property

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BitGo CEO: ‘Institutions Are All Participating’ in Crypto

Mike Belshe, CEO of digital asset infrastructure provider BitGo, discusses continued institutional interest in crypto despite a lull in the markets. "Institutions are all participating," he said. "Everybody we talk to is still moving forward." Plus, the possible implications of Binance's global regulatory woes.

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Tra Binance e FATF, maggiore attenzione alla conformità Cripto : Horowitz di BitGo

L'ex dirigente di Coinbase Jeff Horowitz esamina il mondo della regolamentazione Cripto .

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BitGo assume l'ex vice di NY BitLicense come Chief Operating Officer

Cassie Lentchner, nuova COO del custode Cripto , entra a far parte dell'azienda in concomitanza con la fusione di BitGo con Galaxy Digital.

BitGo COO Cassie Lentchner