Crypto assets managed by BitGo hits a new level in December.
On the 23rd of December, the firm stated that it is now providing security for more than $16B worth of assets. Bitgo explained in a statement that the firm is getting more attention from institutional investors, stating that more institutional investors are looking to know more about crypto assets for custody and trading.
Major Updates
- Crypto holding of BitGo surpasses $16 billion
- BitGo has processed over 20% of bitcoin transactions
- The demand for institutional-grade crypto-assets continue to rise
The company was established seven years ago, basically as a crypto wallet service provider. However, it has grown over the years to custody services for its clients.
The firm says it is in charge of more than 20% of all BTC transactions.
