BitGo expands off-exchange settlement network
27 June 2025 US
Image: thenort/stock.adobe.com
BitGo has expanded its Go Network Off-Exchange Settlement platform to include HTX, KuCoin, and Gate.io, allowing institutional clients to access crypto liquidity while maintaining assets in regulated custody.
The integration enables trading across spot, margin, options and futures markets without requiring institutions to transfer assets to exchanges. Client holdings remain in BitGo's regulated cold storage with insurance coverage up to US$250 million, while trades settle automatically through the Go Network infrastructure.
The firm says the off-exchange model addresses institutional concerns around counterparty risk by separating custody from trading operations. This provides protection against exchange failures and security breaches that have historically impacted institutions holding assets on trading platforms, BItGo argues.
BitGo CEO Mike Belshe said the expansion reflects growing institutional demand for digital assets. "Global adoption will not scale without a secure and interoperable foundation," he noted. "We are creating infrastructure that not only works for today's institutions, but anticipates tomorrow's regulatory standards."
The development follows BitGo's partnerships with Copper's ClearLoop and Crossover Markets' Electronic Communication Networks, providing access to Deribit and CROSSx respectively.
The integration enables trading across spot, margin, options and futures markets without requiring institutions to transfer assets to exchanges. Client holdings remain in BitGo's regulated cold storage with insurance coverage up to US$250 million, while trades settle automatically through the Go Network infrastructure.
The firm says the off-exchange model addresses institutional concerns around counterparty risk by separating custody from trading operations. This provides protection against exchange failures and security breaches that have historically impacted institutions holding assets on trading platforms, BItGo argues.
BitGo CEO Mike Belshe said the expansion reflects growing institutional demand for digital assets. "Global adoption will not scale without a secure and interoperable foundation," he noted. "We are creating infrastructure that not only works for today's institutions, but anticipates tomorrow's regulatory standards."
The development follows BitGo's partnerships with Copper's ClearLoop and Crossover Markets' Electronic Communication Networks, providing access to Deribit and CROSSx respectively.
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