# PoC by Hxp7

> The supplied PoC by Hxp7 record resolves to BitGo, the Palo Alto digital-asset infrastructure company that commercialized multisignature wallets and expanded into regulated custody, trading, staking, settlement, stablecoin infrastructure and embedded crypto services. Its customers are institutions and platforms that need crypto access without leaving one employee, exchange or private key in charge of everything.

- **Founded:** 2013
- **Headquarters:** Palo Alto, United States
- **Founders:** Mike Belshe (Co-founder, CEO, CTO and President), Ben Davenport (Co-founder)
- **Products:** Multisignature and MPC wallets, Qualified custody, BitGo Prime, Go Network, Staking
- **Notable:** Commercialized multisignature wallet technology for bitcoin and later added threshold-signature technology., Created BitGo Trust Company in 2018 as a purpose-built qualified digital-asset custodian., Received full OCC approval in December 2025 to convert its U.S. trust company into BitGo Bank & Trust, National Association.

## Products & services

- **Multisignature and MPC wallets** — Hot and cold wallet infrastructure with configurable policies, APIs and split-key authorization for self-custody or managed workflows.
- **Qualified custody** — Segregated cold storage and fiduciary custody delivered through regulated trust entities, with up to $250 million of insurance coverage subject to policy terms.
- **BitGo Prime** — Institutional trading, financing and liquidity services layered onto custody and wallet infrastructure.
- **Go Network** — Settlement network designed to let clients trade and settle with counterparties while assets remain in qualified custody.
- **Staking** — Institutional staking across supported proof-of-stake assets, including staking from qualified cold custody.
- **Crypto-as-a-Service** — APIs and regulated infrastructure for businesses that want to embed wallets, trading and fiat on- and off-ramps.
- **Stablecoin-as-a-Service** — Issuance, reserve custody, compliance and operational tooling for organizations launching and managing stablecoins.

## Achievements

- Commercialized multisignature wallet technology for bitcoin and later added threshold-signature technology.
- Created BitGo Trust Company in 2018 as a purpose-built qualified digital-asset custodian.
- Received full OCC approval in December 2025 to convert its U.S. trust company into BitGo Bank & Trust, National Association.
- Listed on the New York Stock Exchange under BTGO in January 2026.
- Reported 5,833 clients, about 1.2 million users and operations spanning more than 100 countries in Q2 2026.
- Won Custodian of the Year and Staking Services Provider of the Year at the 2025 Hedgeweek Global Digital Asset Awards.
- BitGo Korea received VASP registration in August 2026, with Hana Financial Group and SK Telecom as strategic shareholders.

## Latest updates

- **2026-09** — Arc mainnet launched with BitGo wallet and custody support, and BitGo said cleared volume with Crossover Markets had passed $2 billion.
- **2026-08** — BitGo acquired NYDIG's institutional trading business and related assets, adding derivatives execution and financing capabilities.
- **2026-08** — BitGo Korea received VASP registration from the Korea Financial Intelligence Unit.
- **2026-08** — Second-quarter results showed 5,833 clients, roughly 1.2 million users and $4.33 billion of quarterly revenue; BitGo also authorized a $50 million share-repurchase program.
- **2026-07** — BitGo introduced quantum-risk management capabilities for bitcoin wallets and expanded its institutional liquidity network.
- **2026-01** — BitGo completed its IPO and began trading on the NYSE under the ticker BTGO.

## Links

- Website: https://www.bitgo.com/
- LinkedIn: https://www.linkedin.com/company/bitgo/
- Twitter/X: https://x.com/BitGo
- GitHub: https://github.com/BitGo
- YouTube: https://www.youtube.com/@BitGo/
- Facebook: https://www.facebook.com/people/BitGo/61566846337663/

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Profile page: https://yespress.io/poc-by-hxp7
Published by YesPress — https://yespress.io
Last updated: 2026-09-28