BitGo launches modular digital asset platform for banks

BitGo Holdings Inc. (NYSE: BTGO) announced a modular operating model designed to help financial institutions integrate digital asset capabilities within their existing legal, compliance and operational frameworks.

The platform combines custodial wallets, trading, settlement, staking, stablecoins, wealth management, licensing and API infrastructure in a modular format for institutional use cases. Financial institutions can adopt capabilities in stages based on their requirements and market priorities.

The offering includes qualified custody and self-custody wallets with policy controls, crypto-as-a-service infrastructure allowing banks to offer digital asset services to clients, trading and settlement capabilities, staking infrastructure for proof-of-stake participation, stablecoin solutions, corporate treasury tools, and wealth management capabilities.

"Banks are approaching digital assets with a greater focus on infrastructure, controls, and governance," said Jody Mettler, COO of BitGo and President of BitGo Bank & Trust, National Association. "BitGo provides the operating model and underlying infrastructure institutions can use as they evaluate and implement digital asset capabilities in a manner aligned with their own legal, compliance, and operational requirements."

The solution is currently being used by institutions including Erebor Bank, Banco de Crédito del Perú, Banco de Crédito de Bolivia S.A., TowerBank, and InvestiFi, which supports a network of banks and credit unions.

BitGo operates BitGo Bank & Trust, National Association, described as the first federally chartered digital asset trust bank owned by a publicly traded company. The company provides custody, trading, staking and settlement services to institutional clients.

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