BitGo Launches Services for Retail Users

BitGo has introduced a new retail platform which allows global access to its regulated services for the first time. These include digital asset trading, staking, lending, wallet, and various custody options such as cold and self-storage.

Established in 2013, BitGo has mainly catered to institutional clients, providing custody, trading, and settlement services. It has also been approved to facilitate repayments for clients affected by the collapse of Mt. Gox, and has been entrusted with custody services for popular exchange-traded funds like Ark Invest, 21Shares, and Valkyrie (now CoinShares).

BitGo also holds the largest amount of Ethereum-based wrapped bitcoin assets, known as WBTC. With its new retail platform, BitGo aims to offer retail investors the same level of security, transparency, and regulatory compliance that it has provided to institutions.

According to CEO Mike Belshe, this platform serves as a trusted partner for retail investors and enhances their experience in investing, trading, storing, and staking digital assets.