BitGo

New Hampshire’s $100 million Bitcoin-backed municipal bond awaits final approval from the state’s Executive Council. The bond, backed by Bitcoin collateral from CleanSpark, aims to fund investment programs without exposing taxpayers to cryptocurrency volatility, but carries a speculative 'Ba2' rating from Moody’s due to credit risk.

The newly public crypto custodian BitGo is laying off nearly 15% of its workforce as it pivots to focus on stablecoins and AI infrastructure.

BitGo has cut 15% of its staff to refocus on AI infrastructure and stablecoins. The CEO emphasized the firm's new focus areas: security, trading, stablecoins, settlement, and AI-powered infrastructure.

BitGo, a crypto infrastructure firm, has laid off 15% of its staff. The company's CEO, Mike Belshe, described the layoffs as a one-time action and confirmed there are no plans for further staff reductions.

Perception, a real-time narrative intelligence platform for digital asset firms, has exited beta and announced integrations with BitGo, Swan, Relai, and Bitcoin Well. The platform addresses market intelligence challenges by aggregating data from over 1,000 curated sources to provide real-time insights for industry decision-making.

BitGo has launched a MiCA-compliant crypto infrastructure platform in Europe as cryptocurrency exchanges face pressure to comply with EU licensing rules effective July 1. The move comes amid concerns over Binance's licensing status in the region.

BitGo offers compliance solutions to European crypto firms to meet MiCA regulatory requirements as the license deadline approaches. This service aims to help companies adhere to the new regulations.

BitGo, an OCC-regulated digital asset trust bank, launched Lightning Earn to enable institutional clients to deploy Bitcoin as liquidity on the Lightning Network via Amboss Technologies’ Rails platform, earning Bitcoin-denominated routing fees. BitGo committed its own treasury to Amboss Rails, signaling confidence in the product and institutional adoption of Lightning Network infrastructure.

ARIQO made its debut in Bangkok at the SEABW event, co-hosted by Canton Foundation, Toss, and BitGo. The company announced a token launch planned for the second half of 2026, drawing significant industry attention.

Galaxy Digital and BitGo are involved in a court dispute over a $100 million claim related to a failed acquisition. Galaxy abandoned its acquisition plan in 2022, citing BitGo's failure to deliver audited financial statements for 2021.

Blockchain.com, one of the oldest crypto companies founded in 2011, has confidentially filed for a U.S. IPO with plans to go public before the end of 2026. The filing represents the latest milestone in a surge of crypto companies entering public markets, following successful IPOs by Circle, eToro, Bullish, Gemini, and BitGo in 2025-2026.

Blockchain.com has confidentially filed with the SEC for an initial public offering, continuing the crypto industry's push toward public markets. The filing joins other major crypto firms including Circle, Gemini, and BitGo in pursuing IPO listings.

Senator Warren criticizes the OCC over its handling of crypto trust charters, including Ripple and Coinbase. The OCC granted conditional approvals to several firms, including Circle, Ripple, BitGo, Fidelity, and Paxos. This move has sparked criticism from Senator Warren.

BitGo has created a modular digital asset infrastructure model for banks, combining services such as crypto custody, trading, and settlement. The platform also includes staking and stablecoin infrastructure services. This innovation aims to support banks and financial institutions in the digital asset space.

An experienced crypto investor argues that for retail holders with under $100k in cryptocurrency, using regulated centralized exchanges like Coinbase and Kraken is statistically safer than self-custody with hardware wallets due to multiple failure modes including seed loss, lack of estate planning, malware attacks, and physical coercion. The author contends that institutional-grade custodians are inaccessible to retail investors and that the 'not your keys, not your coins' philosophy no longer reflects modern crypto security realities.

Onramp has raised $12.5 million in a Series A round to scale its multi-institution bitcoin custody platform, which holds over $1 billion in assets under custody and has recorded zero security incidents. The company aims to build a full financial stack around bitcoin, including lending and retirement accounts. Onramp's Multi-Institution Custody model distributes key control across several regulated custodians.

Ledger has put its US initial public offering plans on hold due to unfavorable crypto market conditions, and is considering alternative funding options. The company's decision reflects a broader shift in the digital asset sector, where firms are pulling back from public markets. Ledger continues to expand its US presence, focusing on institutional growth and secure crypto infrastructure.

BitGo's revenue doubled to $3.8 billion in Q1, but net losses reached $60.7 million due to Bitcoin price decline and IPO-related costs. The company's headline revenue figure increased year-over-year. Despite this growth, losses widened in the first quarter.

BitGo doubled its revenue to $3.8 billion in Q1, a 112.6% year-on-year increase, but reported a widened net loss. The company is listed on the NYSE. This significant revenue growth indicates a strong performance despite the net loss.

Kraken's parent company has applied for an OCC charter, a move towards banking, following similar approvals for other companies like Coinbase and Ripple Labs. The US banking regulator has already approved charter applications for several notable companies in the industry. This development suggests a growing trend of cryptocurrency and financial technology companies expanding into traditional banking.

Aven, a Silicon Valley fintech, is launching a Bitcoin-backed credit card with interest rates ranging from 7.99% to 11.99%, offering credit lines up to $1 million over 10 years. The card requires overcollateralization with Bitcoin, and rates vary based on the collateral percentage pledged. Competitors like Ledn, Salt Lending, and Arch also offer similar crypto-backed loans with varying terms.

OKX integrates BitGo's off-exchange settlement solution for US institutions, reducing pre-funding requirements and advancing its US market expansion. This move follows an investment from ICE, highlighting strategic progress in regulatory and operational alignment.

Coinbase received conditional approval from the Office of the Comptroller of the Currency (OCC) to operate as a national trust company, allowing it to act as a federally regulated custodian for digital assets. The approval is seen as a step toward institutional adoption but has sparked debate due to Coinbase's past SEC lawsuit and its current opposition to the CLARITY Act draft language.

The article compares Bitcoin collateralized loan options, highlighting risks in DeFi (e.g., Aave's rsETH exploit causing $177M+ losses) and CeFi (e.g., Nexo's custodied BTC loans) versus safer Swiss private bank custodianship. It emphasizes trust in centralized wrappers like WBTC and cbBTC, and the vulnerabilities of pooled collateral and oracle dependencies in DeFi.

Onramp has launched Onramp Finance, a platform integrating cash management, Bitcoin access, and gold ownership in a single account for long-term wealth building. The platform offers rewards, Bitcoin IRAs, and a cashback card, aiming to address fragmented financial services by consolidating banking, brokerage, and custody under one provider.

Cryptocurrencies rebounded after Trump signaled a retreat from EU tariff measures, with Bitcoin rising 2% to $89,900. BitGo announced a $2.1B IPO, Solana's SKR token surged 250%, and regulatory developments in Hong Kong and Russia added momentum. However, Saga's EVM blockchain halted after a $7M hack.

Crypto majors like Bitcoin and Ethereum rose, with XMR hitting a new all-time high. The US Senate introduced the Crypto Market Clarity Act, while Senator Warren criticized crypto inclusion in 401ks. Vitalik Buterin warned about stablecoin risks, and Tennessee regulators targeted prediction markets.

Cryptocurrencies like Bitcoin, Ethereum, and Monero (XMR) saw price increases, with XMR hitting a new all-time high. The U.S. Senate proposed the Crypto Market Clarity Act, while Tennessee regulators targeted crypto prediction markets. New platforms like World Liberty Financial and BitGo's IPO expansion highlighted industry growth.