bitgo

According to Bitcoin Magazine, BitGo's CEO Mike Belshe stated in an interview on Bitcoin Magazine's BMTV that the core of tokenization is not trading, but rather expanding access.He pointed out that the current financial system can be traced back to the paper stock certificate crisis of the 1960s, when the New York Stock Exchange had to halt trading every week to complete physical stock deliveries, and the framework built to solve this problem still primarily serves large institutions.Belshe believes that the inability of retail investors to borrow against assets and the necessity to sell assets is a key reason driving the K-shaped economic divergence. He discussed how "phantom stocks" and tokenized stocks could change this situation and mentioned that long-term confidence of holders can be demonstrated through proof of reserves and setting time locks for shares.The interview also covered the new centralized risks that may arise from custodial concentration, how multi-signature and MPC can eliminate single points of failure, the aspects that still need to be supplemented in the U.S. regulatory framework beyond clarity, and the role of AI agents in asset management. Belshe also explained the true meaning behind his previous comments about the dollar going to zero.

According to Onchain Lens monitoring, the Official Trump Meme team allocated a wallet that transferred 8.73 million TRUMP to BitGo custody, valued at approximately 17.99 million USD.In the past two weeks, the team has cumulatively transferred about 31 million TRUMP to BitGo, valued at approximately 70.64 million USD.

A Bitcoin wallet created on November 2, 2011, transferred 100 BTC at a block height of 967732, valued at over 8 million dollars based on the price at that time. The wallet purchased Bitcoin at a price of 3.24 dollars, with a cost of approximately 324 dollars for 100 BTC, resulting in an unrealized return of about 2,469%.On the same day, four wallets created between February and March 2013 transferred 25 BTC each, totaling 100 BTC, into the cryptocurrency custody company BitGo wallet. On-chain characteristics indicate that this batch of Bitcoin originally came from block rewards in March 2013; the miner has been continuously transferring similar amounts of BTC to BitGo in batches since August 2025. The two transfers totaled 200 BTC, currently valued at over 16 million dollars.The new address of the 2011 wallet is a P2WPKH address, which has not been marked by major block explorers as an over-the-counter trader or centralized exchange address; whether the funds transferred by the 2013 miner to BitGo have been sold cannot be confirmed by on-chain information.

According to PR Newswire, Cosmos announced the launch of the Cosmos Partner Network, uniting multiple industry service providers to assist global financial institutions in advancing digital asset-related businesses through the Cosmos Tokenization Suite and digital ledger solutions.The suite offers capabilities such as 24/7 payment settlement and fund management for banks and credit unions, and supports scenarios like programmable custody, programmable trade finance, and agency commerce. Cosmos provides tokenization and ledger platforms, while partners offer integrated services such as KYC/KYB, custody, and compliance monitoring.Cosmos Co-CEO Maghnus Mareneck stated that financial institutions understand the potential of tokenization but struggle to transition from pilot projects to high-quality real customer experiences. This network brings together relevant professional institutions to reduce the complexity of individually connecting with vendors.The first batch of the network includes 17 participants, including Anseta, Balance, BCW Group, BitGo, Blockchain.com, Blockdaemon, Coinbax, DFNS, Galaxy Digital, Hypernative, InfStones, OpenZeppelin, Peersyst Technology, Silence Laboratories, Ubyx, Utila, and Zeeve.Partners will have access to connection opportunities across Cosmos public and private networks and can participate in use cases such as tokenized deposits that Cosmos is promoting. Cosmos plans to continue expanding the network.

According to Be In Crypto, Binance founder Zhao Changpeng recently stated that YZi Labs' investments over the past few months will become the highest return layout, as they invested in cryptocurrency prices close to the lows of the bear market.YZi Labs has disclosed seven investments in 2026: in January, they invested in the on-chain trading terminal Genius and the digital asset custodian BitGo; in March, they led a $52 million investment in RoboForce and invested $1 million in the venture project Atlas Scout; in April, they made an additional investment in the prediction market Predict.fun; in May, they led an $8 million seed round investment in the AI agent payment settlement layer AEON; in August, they invested in the cross-chain fixed-rate lending platform TermMax.Zhao Changpeng believes that the influx of funds into AI is eliminating short-term cryptocurrency teams, and the return of AI funds to digital assets has already begun. Bitcoin has rebounded after a 47% drop from its peak, but it is still far below the October high.

According to Cointelegraph, Bitmine today purchased 51,000 ETH from FalconX and BitGo, worth $126 million.

BitGo announced the completion of its acquisition of NYDIG's institutional trading business, which was completed in a two-step merger, with a total consideration of approximately $42.5 million, including $7 million in cash and about $35.5 million in BitGo stock. About 30 NYDIG employees will transition with the business, and the deal also includes Earnout terms linked to revenue milestones.The business provides derivatives, structured products, financing, and capital market solutions for asset management firms, hedge funds, corporations, and family offices. BitGo CEO Mike Belshe stated that institutional clients are increasingly looking to partner with trusted partners that can support the entire lifecycle of digital assets, covering custody, trading, financing, and settlement.For NYDIG, the sale allows it to focus on power generation, Bitcoin mining, and high-performance computing data center businesses, with the company stating that its development pipeline exceeds 3 gigawatts. BitGo went public on the NYSE this year, with a valuation of approximately $2 billion, and launched the USDS stablecoin.

BitGo announced that it has acquired NYDIG's institutional trading business and related assets, incorporating derivatives, structured products, financing, and capital market capabilities into its institutional platform. Approximately 30 NYDIG employees will join BitGo, and NYDIG's institutional trading client relationships will also transfer to BitGo along with the business.BitGo will integrate the related business with its custody, trading, settlement, and wallet infrastructure. NYDIG will focus its resources on power generation, Bitcoin mining, and high-performance computing data center operations. NYDIG stated that its computing power infrastructure development reserves currently exceed 3 gigawatts, with more than 1 gigawatt expected to be delivery-ready by 2027 and 2028.

According to on-chain analyst Yu Jin's monitoring, the TRUMP token team's address (2RH...FSK) transferred 3.837 million SOL one hour ago, worth 9.33 million USD, and entered OKX after being routed through BitGo.

According to a report by the Korean News Agency, global virtual asset infrastructure company BitGo announced that its Korean entity BitGo Korea has received acceptance of its VASP (Virtual Asset Service Provider) registration application from the Financial Intelligence Unit (FIU) of Korea on August 18, becoming the first foreign cryptocurrency corporate entity to complete VASP registration directly in Korea.BitGo Korea was established in 2024, and this time chose to directly meet regulatory requirements to enter the market, rather than adopting the industry norm of acquiring existing VASP companies. Subsequently, it will use this as a foundation to officially launch virtual asset custody and transfer services in Korea, focusing on expanding business towards financial institutions and corporate clients.

Digital asset infrastructure company BitGo disclosed on August 12 that Chief Financial Officer Edward Reginelli will officially leave on September 15. Reginelli notified the board on August 10, and the company stated that his departure is not due to any disagreements regarding the company's operations, policies, or practices, and has initiated a formal search for his successor. He will continue to serve as an advisor after his departure.At the same time, BitGo announced its financial report for the second quarter of 2026. The report showed that total revenue increased by 79.6% year-on-year to $4.33 billion, but the net loss reached $19 million, compared to a profit of $38.3 million in the same period last year; the net loss narrowed from $60.7 million in the first quarter. Adjusted EBITDA shifted from a profit of $3 million in the same period last year to a loss of $4.2 million.The company stated that it laid off about 15% of its workforce in June, and the related investment focus and operational model adjustments are expected to bring about $15 million in annual cash savings. As of the end of June, BitGo held $159 million in cash and 2,523 of its own bitcoins (worth approximately $147.7 million), with no company-level debt.

According to Arkham monitoring, Alameda Research associated addresses transferred a total of 8.25 million USD in SOL to BitGo custody wallets through 24 transactions, presumably for distribution of compensation to FTX creditors.Arkham data shows that Alameda currently still holds over 200 million USD in SOL.

According to on-chain analyst Yu Jin's monitoring, Bitmine bought ETH after the decline, receiving 13,000 ETH ($24.36 million) from BitGo 5 minutes ago.

According to Onchain Lens monitoring, a newly created wallet received 540.17 BTC (approximately 34.9 million USD) from BitGo 3 hours ago.

According to monitoring by Lookonchain, in the past 3 hours, 4 newly created wallet addresses received a total of 1540 BTC from Galaxy Digital and BitGo, worth approximately 99.4 million USD.On-chain data shows that the related fund flows may reflect that large addresses are increasing their holdings of Bitcoin.

According to CoinDesk, cryptocurrency infrastructure company BitGo will replace LayerZero with Chainlink CCIP as the exclusive cross-chain service provider for $7.3 billion WBTC.After the $292 million cross-chain bridge exploit incident at Kelp, multiple projects announced their migration from LayerZero to Chainlink, with a disclosed total migration scale reaching $14.5 billion. BitGo will use CCIP for future assets while retaining control over token contracts, rate limits, and transfer settings.

ChianCatcher news, cryptocurrency custodian BitGo announced on Monday the launch of the BitGo Link tool, which helps institutional clients connect their accounts at external centralized exchanges such as Crypto.com, Kraken, and Coinbase to the BitGo platform. Link provides a unified interface, allowing institutional finance teams to view and manage digital assets stored in BitGo custody and exchanges in real-time, supporting cross-platform rebalancing, margin or liquidity needs, and more.All transfers are processed through the BitGo Policy Engine, allowing users to set additional permission controls, and the system will automatically verify exchange records and track settlement status. This product is built on BitGo's existing Go Network and will support more exchanges and fund management features in the future.

Bitgo CEO Mike Belshe deposited 100 BTC into a public Bitcoin address, valued at approximately $6.3 million at the time, and invited the Claude model under Anthropic to attempt to transfer the funds from that address. On-chain records show that the wallet received the funds on July 31, and the balance has not been transferred out.Anthropic previously disclosed that during 141,006 cybersecurity assessment runs, 3 incidents were found, with 6 assessment sessions involving 3 models unexpectedly interacting with real organizational systems. The relevant models include Claude Opus 4.7, Claude Mythos 5, and an unpublished internal research model, due to configuration errors by third-party testing partner Irregular that caused the testing environment to connect to the internet.Anthropic stated that Claude Opus 4.7 identified a real website sharing the same name as a simulated company during one assessment, exploited weak passwords and exposed services to recover infrastructure credentials, and accessed a production database containing hundreds of records. The company claimed that the model was attempting to complete assigned tasks and was not actively breaking restrictions or pursuing independent goals. Belshe's challenge involved the Bitgo institutional custody platform, which uses multi-signature or multi-party computation technology to distribute signing authority across multiple independent keys. Anthropic has not publicly responded to this challenge.

According to on-chain analyst Yu Jin's monitoring, the TRUMP team token address unlocked and transferred 10.837 million TRUMP, worth 16.91 million USD, 45 minutes ago.Based on the previous two unlocking and transfer situations, these tokens will subsequently be transferred to BitGo and then flow into CEXs such as OKX.

According to monitoring by Onchain Lens, Alameda Research FTX transferred approximately 201,000 SOL, worth about $15.14 million, to BitGo custody through multiple transactions within a few minutes, and the funds were distributed to multiple BitGo custody addresses.