BitGo
| Company type | Public |
|---|---|
| Founded | 2011 |
| Founder |
|
| Headquarters | Sioux Falls, South Dakota |
Key people | Mike Belshe (CEO) |
| Services |
|
| Revenue | US$3.080 billion (2024) |
| US$156 million (2024) | |
| Total assets | US$3.199 billion (Q2 2025) |
| Total equity | US$343 million (Q2 2025) |
| Owner | Mike Belshe (11 million shares) Valor Equity Partners (12.5 million shares) Redpoint Ventures (10.7 million shares) Craft Ventures (7.5 million shares) |
| Website | www |
| Footnotes / references | |
BitGo, Inc. is a digital asset infrastructure and financial services company headquartered in Sioux Falls, South Dakota.
BitGo secures approximately 20% of all on-chain Bitcoin transactions by value and is the largest independent digital asset custodian, with over $100 billion in digital assets on its platform.
The company offers a multisignature bitcoin wallet service, where keys are divided among several owners to manage risk. Generally, BitGo wallets have three keys: one held by BitGo, and two held by the wallet's owner. Wallets can be configured in both hot and cold configurations, as well as non-custodial and custodial configurations.
BitGo serves as the sole custodian for bitcoin that people deposit to receive a tokenized form of that bitcoin known as Wrapped Bitcoin (WBTC) that can be exchanged on the Ethereum blockchain. BitGo is the custodian for USD1, a stablecoin issued by World Liberty Financial, a company with ties to Donald Trump. It is also the custodian for frxUSD, a fractional reserve stablecoin.
As of June 30, 2025, the company owned approximately 2,300 Bitcoins for its own account; changes to the value of such Bitcoins are reported as income or loss on the company's financial statements.