Shapefin

BitGo Expands Go Network Off-Exchange Settlement Platform with Integrations of HTX, KuCoin, and Gate.io

Share It:

BitGo, a prominent provider of secure digital asset infrastructure, has announced a significant expansion of its Go Network Off-Exchange Settlement (OES) platform through integrations with HTX, KuCoin, and Gate.io.

This development aims to provide institutional clients with secure access to liquid digital asset trading venues, reinforcing BitGo’s position in fostering a more mature digital asset market. The integration enables institutional clients to access a wide range of trading products, including spot, margin, options, and futures, without needing to move and hold assets on an exchange. Assets are maintained in regulated cold custody, insured up to $250 million, ensuring clients retain complete control and ownership. Trades are subsequently settled automatically within BitGo’s regulated custody rails with OES partners via the Go Network, which is designed to enhance operational efficiency by reducing friction and increasing transparency.

By decoupling custody from trading, institutional clients gain enhanced safeguards against potential exchange failures, fraud, and hacks. As the industry increasingly seeks risk-mitigated trading solutions, BitGo is addressing this demand by providing infrastructure intended to facilitate broad institutional adoption and sustainable growth.

Mike Belshe, CEO of BitGo, commented on the expansion, stating, “Institutional demand for digital assets is rising across every region, but global adoption won’t scale without a secure and interoperable foundation. With Go Network, BitGo is enabling cross-market settlement that’s fast, secure, and accessible—giving institutions worldwide the confidence to engage in crypto markets at scale. We’re creating infrastructure that not only works for today’s institutions, but anticipates tomorrow’s regulatory standards.”

The Go Network ecosystem has demonstrated consistent growth, marked by existing partnerships with Copper’s ClearLoop, which provides access to Deribit, and Crossover Markets’ Electronic Communication Networks, offering access to CROSSx. BitGo intends to continue expanding its Go Network partners, with additional strategic venues expected to be announced, in line with its vision for an interconnected, secure, and efficient global digital asset trading environment.

BitGo, established in 2013, specializes in digital asset solutions, including custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. The company serves a diverse client base comprising thousands of institutions, exchanges, and platforms, as well as millions of retail investors globally. BitGo handles a notable portion of Bitcoin network transactions and operates as an independent digital asset custodian and staking provider.

It is noted that the partnership and the products described herein are subject to the respective regulatory frameworks and licensing conditions applicable in the jurisdictions in which BitGo and the Go Network partners operate.

Latest Posts