OverviewSuggest Edit

BitGo is a security-as-a-service provider for Bitcoin and digital currency. BitGo offers the multi-signature Bitcoin wallet to keep Bitcoin secure from theft and loss and provides a suite of services for Bitcoin portfolio management, corporate treasury, and enterprise enablement.

TypePrivate
Founded2013
HQPalo Alto, CA, US
Websitebitgo.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Dec 2019)145(+13%)
Cybersecurity ratingBMore

Key People/Management at BitGo

Mike Belshe

Mike Belshe

Co-Founder and Chief Executive Officer
Chen Fang

Chen Fang

Chief Product Officer
Pete Najarian

Pete Najarian

Chief Revenue Officer
James Morgan

James Morgan

General Counsel
Nick Carmi

Nick Carmi

Chief Executive Officer, Prime Head of Financial Services
Matt Parrella

Matt Parrella

Chief Compliance Officer
Show more

BitGo Office Locations

BitGo has an office in Palo Alto
Palo Alto, CA, US (HQ)
2443 Ash Street
Palo Alto, CA, US
445 Sherman Ave #200
Show all (2)

BitGo Financials and Metrics

Summary Metrics

Founding Date

2013

BitGo total Funding

$69.5 m

BitGo latest funding size

$15 m

Time since last funding

2 years ago

BitGo investors

BitGo's latest funding round in October 2018 was reported to be $15 m. In total, BitGo has raised $69.5 m
Show all financial metrics

BitGo Operating Metrics

Feb, 2020

Countries Covered

50

Tokens

200
Show all operating metrics

BitGo Acquisitions / Subsidiaries

Company NameDateDeal Size
Harbor PlatformFebruary 18, 2020

BitGo Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

BitGo Online and Social Media Presence

Embed Graph

BitGo News and Updates

BitGo Launches Wrapped Bitcoin, Ether on Tron Blockchain

Nearly 100 DeFi-friendly WBTC have already been minted as TRC-20 tokens on Tron.

BitGo to Pay $93K to US Treasury to Settle 183 ‘Apparent’ Sanctions Violations

Bitgo failed to stop people in Cuba, Iran and Syria, among other sanctioned places, from using its non-custodial wallet service, the U.S. said.

PayPal Talks to Buy Crypto Firm BitGo Have Ended, Other Targets Eyed: Report

Talks regarding a possible acquisition by PayPal of bitcoin custodian BitGo have fallen through, Fortune reported, citing multiple sources. Read more: PayPal Said to Be in Talks to Buy Crypto Firms Including BitGo: Bloomberg

Hong Kong’s Amber Group Picks BitGo Trust in Quest for Institutional Investors

BitGo’s status as a qualified custodian should draw more high-net-worth investors to Amber from places like Hong Kong, Taiwan and Seoul.

$1 Billion Of Bitcoin On Ethereum Gets Major Boost As BitGo Adds Proof Of Reserves Via Chainlink

BitGo, the custodian for WBTC, is announcing today that they are adopting the newly released Proof of Reserve mechanism of the Chainlink protocol. In doing so, they are the first entity to use the novel functionality from the leading oracle provider.

BitGo Applies to Be Regulated Custodian in New York State

The crypto custody provider has filed paperwork with New York's financial regulator to offer its services in the state.
Show more

BitGo Blogs

Native SegWit for Litecoin

BitGo now supports sending to Bech32 addresses and generating Native SegWit addresses on Litecoin. We previously introduced the advantages of Native SegWit addresses when we rolled out Native SegWit support for Bitcoin.Native SegWit receive addresses can be generated via the API by specifying the de…

Multi-Sig vs MPC: Which is more secure?

At BitGo, we’ve been advocating the need for multi-signature wallets for over 6 years now due to their strong security and strong authentication properties. However, we’re always evaluating new cryptographic developments and in recent months a new technology known as multi-party computation (MPC) ha…

Announcing Custodial and Self Managed Multi-sig Wallets for EOS

Today we are announcing BitGo’s support for EOS. Qualified, insured custody for EOS is available through BitGo Trust Company and hot wallets are available through our web interface or API. We believe that this is the first institutional-grade, multi-sig web wallet for EOS. Our mission is to bring tr…

Xapo Clients Come to BitGo

Sign a contract with BitGo and get 12 months with no custody feesCryptocurrency is fast-moving space and, when the landscape changes, it’s our job to respond.In May, The Block reported that Coinbase was in advanced talks with Xapo to acquire its clients and “boost its custody business.” By August, i…

How BitGo Enables Exchanges to Accept ETH Transactions From Smart Contracts

“We’ve sent ETH from our BitGo wallet to an exchange and they haven’t credited us yet — what’s going on?This was a common customer question with a complex answer. Customers were not credited for transactions because exchanges don’t recognize Ethereum internal transactions sent from smart contracts.T…

Announcing First Multi-sig Support for Algorand

BitGo is announcing the first multi-signature wallet and custody services for the newly launched Algorand blockchain. Algorand hot wallets are now available via our web interface or API. Algorand custody is available though either BitGo, Inc. or BitGo Trust Company, the first qualified custodian pur…
Show more

BitGo Frequently Asked Questions

  • When was BitGo founded?

    BitGo was founded in 2013.

  • Who are BitGo key executives?

    BitGo's key executives are Mike Belshe, Chen Fang and Pete Najarian.

  • How many employees does BitGo have?

    BitGo has 145 employees.

  • Who are BitGo competitors?

    Competitors of BitGo include Coinbase, Xapo and NAV Coin.

  • Where is BitGo headquarters?

    BitGo headquarters is located at 2443 Ash Street, Palo Alto.

  • Where are BitGo offices?

    BitGo has an office in Palo Alto.

  • How many offices does BitGo have?

    BitGo has 2 offices.