BitGo
BitGo pioneered institutional-grade multi-signature custody in 2013 and has since grown into a $100B+ AUC platform serving exchanges, funds, protocols, and public companies. The company operates regulated trust entities in South Dakota, Switzerland, Singapore, and Germany.
Beyond custody, BitGo runs a full suite of institutional services: prime brokerage, staking, DeFi access, tokenization, and treasury management. The go-to-market has become one-stop-shop rather than pure custody.
The upcoming IPO (targeted for late 2026) will make BitGo the third publicly listed crypto infrastructure company after Coinbase and Circle.
The original institutional custody business, still growing at institutional-services pace. Our participation was strategic ahead of the Series C.
Mike Belshe
CEO & Co-FounderBen Davenport
Co-FounderJeff Horowitz
Chief Compliance OfficerChen Fang
Chief Product Officer- 2013Founded by Mike Belshe and Ben Davenport
- Q3 2020Oryon participates in Series C
- Q1 2023South Dakota trust charter
- Q4 2026IPO planning underway
AUC crossed $100B. IPO planning for late 2026.
“BitGo built the institutional custody business before institutional custody was a phrase.”
— American Banker, 2022