StreetInsider.com News Articles

BitGo partners with Concrete to launch institutional DeFi platform

Tue, 02 Jun 2026 09:04:50 -0400

BitGo Bank & Trust and Concrete Network Services announced a partnership to create an institutional platform that allows clients to access onchain asset growth strategies while maintaining qualified custody of their digital assets.

The collaboration enables institutional clients to earn returns through decentralized finance protocols while their underlying digital assets remain in custody with BitGo Bank & Trust, a federally-chartered trust bank regulated by the Office of the Comptroller of the Currency.

The platform integrates Concrete's vault architecture with BitGo's custodial infrastructure. Clients can select vault strategies offered by Concrete and deploy synthetic representations of their digital assets, which remain held in

BitGo and Concrete Partner to Launch Institutional Onchain Optimized Asset Growth Platform

Tue, 02 Jun 2026 09:04:00 -0400

A program designed to help institutions access onchain optimized asset growth strategies while underlying digital assets are maintained in qualified custody

NEW YORK--(BUSINESS WIRE)-- Concrete Network Services, Ltd. (“Concrete”), the operating company of the institutional DeFi protocol Concrete, and BitGo Bank & Trust, National Association (“BitGo Bank & Trust”), an OCC-chartered, non-depository national trust bank and subsidiary of BitGo Holdings, Inc. (NYSE: BTGO)(“BTGO”), the digital asset infrastructure company, today announced a strategic partnership to create an institutional onchain optimized asset growth platform.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260602034366/en/

This collaboration

BitGo and Concrete Partner to Launch Institutional Onchain Optimized Asset Growth Platform

Tue, 02 Jun 2026 09:04:00 -0400

A program designed to help institutions access onchain optimized asset growth strategies while underlying digital assets are maintained in qualified custody

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260602034366/en/

This collaboration

BitGo and Concrete Partner to Launch Institutional Onchain Optimized Asset Growth Platform

Tue, 02 Jun 2026 09:04:00 -0400

A program designed to help institutions access onchain optimized asset growth strategies while underlying digital assets are maintained in qualified custody

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260602034366/en/

This collaboration

BitGo and Concrete Partner to Launch Institutional Onchain Optimized Asset Growth Platform

Tue, 02 Jun 2026 09:04:00 -0400

A program designed to help institutions access onchain optimized asset growth strategies while underlying digital assets are maintained in qualified custody

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260602034366/en/

This collaboration

BitGo and Concrete Partner to Launch Institutional Onchain Optimized Asset Growth Platform

Tue, 02 Jun 2026 09:04:00 -0400

A program designed to help institutions access onchain optimized asset growth strategies while underlying digital assets are maintained in qualified custody

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260602034366/en/

This collaboration

BitGo and Concrete Partner to Launch Institutional Onchain Optimized Asset Growth Platform

Tue, 02 Jun 2026 09:04:00 -0400

A program designed to help institutions access onchain optimized asset growth strategies while underlying digital assets are maintained in qualified custody

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260602034366/en/

This collaboration

BitGo completes first post-quantum transaction simulation by regulated custodian

Tue, 26 May 2026 08:01:30 -0400

BitGo Holdings Inc. (NYSE: BTGO) and Silence Laboratories Pte. Ltd completed what they describe as the first post-quantum transaction simulation by a regulated custodian using multi-party computation wallet infrastructure.

The demonstration was conducted at a private industry event and brought together researchers and security leaders from Google, Stanford, the Linux Foundation, and financial institutions. The transaction used Silence Laboratories' PQ MPC protocol based on ML-DSA, the digital signature algorithm standardized by the National Institute of Standards and Technology in FIPS 204.

The collaboration aims to develop quantum-safe wallet infrastructure for institutional digital asset custody and transaction signing. The simulated transaction demonstrated how

BitGo and Silence Laboratories Complete First Post-Quantum MPC Transaction Simulation by a Regulated Custodian