BitGo’s digital assets under custody (AUC) hit 16 billions usd
The world’s largest digital asset financial services leader BitGo has announced that their assets under custody (AUC) hit 16 billions usd, reported on 24 December 2020.
BitGo is started in 2013 and providing their services in order to serve the institutions digital assets requirements that included BitGo’s multi-signature wallets, institutional-grade tools to trade, borrow, lend, and securely store digital assets as well.
BitGo is also listed as the largest processor of on-chain transactions of Bitcoin’s blockchain which is counted as more than 20% of all on-chain transactions of Bitcoin, that basically processing around 15 billion usd monthly in Bitcoin transactions.
BitGo set out to deliver trust and pave the way for mainstream investment in digital assets
– Mike Belshe, CEO of BitGo
Currently, The BitGo company is trusted by over 400 clients from 50 countries around the world which includes the world’s top exchanges as well as some popular platforms such as Bitstamp, Nexo, and Pantera.
The popular investors of BitGo’s are Galaxy Digital Ventures, Craft Ventures, Goldman Sachs, DRW, Redpoint Ventures, and Valor Equity Partners.
