Bitgo CEO Warns Europe’s MiCA Rules Could Trigger a Massive Stablecoin Crisis
In recent developments, bitgo CEO Mike Belshe claims that the Markets in Crypto Assets (MiCA) framework puts the entire stablecoin ecosystem in danger by forcing issuers to hold their reserves…
Galaxy Digital Faces Bitgo in Court Over $1.2 Billion Deal Gone Wrong
In recent developments, galaxy Digital founder Mike Novogratz and Bitgo CEO Mike Belshe testified this week in Delaware Chancery Court over a failed $1.2 billion merger that collapsed in 2022,…
Crypto Bank Charter Battle Grows as OCC Clears Coinbase, Ripple, Bitgo and Ot…
In recent developments, national trust charters pushed crypto custody into a broader regulatory clash as U.S. Senator Elizabeth Warren pressed the OCC over approvals tied to Coinbase, Ripple, Bitgo, and…
BitGo posts wider Q1 loss despite revenue more than doubling
In recent developments, bitGo’s headline revenue figure doubled year-over-year to $3.8 billion, but a Bitcoin price decline and IPO-related costs pushed net losses to $60.7 million in the first quarter.…
Trump Meme Team Moves $17M in TRUMP to Bitgo as Allocation Wallet Stirs Again
In recent developments, the official allocation wallet tied to the TRUMP meme coin project transferred 7 million TRUMP tokens, worth approximately $17.22 million, to institutional custodian Bitgo on Sunday, raising…
Bitgo Prime Expands Liquidity Network With New Regulated European Provider
In recent developments, the institutional-grade infrastructure and crypto trading engine, tradias, has joined Bitgo Prime’s liquidity network as an official liquidity provider, expanding institutional access to digital asset execution across…
NYSE-Listed Bitgo Rolls out Stablecoin Minting Platform for Institutional Cli…
In recent developments, bitgo launched Bitgo Mint on Thursday, giving institutional clients a single platform to mint, redeem, and manage stablecoins without routing operations through multiple service providers. Bitgo Adds…
Bitgo Debuts Unified Digital Asset Financing Platform for Institutional Borro…
In recent developments, bitgo Prime has debuted a unified on-platform financing solution to streamline collateralized borrowing and lending for institutional clients. Bitgo Prime announced the launch of its integrated financing…
BitGo expands Canton Coin services with trading, onchain settlement
In recent developments, bitGo broadens its Canton Coin offering beyond custody, reflecting efforts to build end-to-end infrastructure as tokenized assets move closer to real-world use cases. Looking closer, market participants…
BitGo Stock Plunges Below IPO Price on Second Day of Trading
In recent developments, bitGo’s stock fell nearly 22% on day two of trading after the crypto custody firm’s IPO, diving below the offering price. Looking closer, market participants highlight key…
