Digital asset infrastructure company BitGo announced that STS Digital, a principal trading firm, has joined its Go Network Off-Exchange Settlement as an exchange partner, aiming to broaden institutional access to secure trading and off-exchange settlement for spot and derivatives markets.
STS Digital, regulated by the Bermuda Monetary Authority, specializes in digital-asset derivatives and provides principal liquidity across spot, options, and bespoke structured products for global institutional market participants. This integration allows institutional clients to trade with STS Digital while their assets remain protected in regulated, qualified custody with BitGo Bank & Trust, National Association. BitGo Bank & Trust is a federally chartered digital asset bank overseen by the U.
S. Office of the Comptroller of the Currency (OCC).
Under this new arrangement, client assets are secured off-exchange in cold storage, segregated from BitGo’s own assets, and insured up to $250 million. This separation aims to reduce counterparty and commingling risk while preserving access to institutional liquidity. The post-trade settlement process is automated by Go Network’s infrastructure rails and also occurs within regulated custody, enabling institutions to streamline digital asset operations with continuous access to their assets and full visibility into the trading and settlement lifecycle.
By maintaining asset security with BitGo, institutions can also access BitGo’s comprehensive suite of services, including OTC trading, financing, staking, and Go Network Delivery-vs-Payment settlement, supporting a wider range of digital asset activities. This partnership establishes an institutional market structure for digital assets by separating custody from execution, bridging traditional finance with digital markets, and empowering institutions to modernize their trading, risk management, and capital deployment strategies.
Brett Reeves, Head of Go Network and European Sales at BitGo, stated, “Go Network was built to provide institutions with a better market structure, one that separates trading and custody, allowing them to operate within a framework that prioritizes asset protection, segregation, and regulatory oversight without sacrificing advanced trading capabilities. Partnerships like this help institutions build their digital asset strategies on a foundation they can trust.”
Gideon Hyams, Chairman of STS Digital, commented on the integration, saying, “This integration with BitGo’s Go Network is a meaningful step forward for institutional digital asset markets. By enabling clients to access STS Digital’s options trading platform while keeping assets securely custodied with BitGo, we are reinforcing a market structure that prioritizes security, transparency, and regulatory alignment. Separating execution from custody is essential for institutional adoption, and this partnership allows institutions to trade with confidence while maintaining full control over their assets.”
Through their collaboration, BitGo and STS Digital aim to establish a higher standard of protection and accountability within digital asset markets, fostering increased institutional participation through regulated infrastructure.
