Crypto Custodian BitGo Hits $1.75B Valuation After Latest Funding
With the newly-raised funds, BitGo aims to meet a new demand for regulated crypto custody solutions and new acquisitions.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Spiko Reports $2.38B in SAFO as Tokenized Cash Funds Reach Business Treasuries
TL;DR Spiko reported $2.38 billion in SAFO using October 23 data. The product uses a fund structure rather than a bank deposit. To...
Solmate Discloses 1.26M SOL Custody Positions and Says It Has No Binance Exposure
TL;DR Solmate’s October 30 disclosure identifies three custody providers. The company said it had no accounts or exposure to Binan...
BitGo Adds Stacks Bitcoin Staking in Qualified Custody
Eligible institutions must pair BTC with STX worth 5% of their Bitcoin position for roughly six-month bonds funded by Stacks miner...
Tether Says It Froze More Than $1.5B Linked to the Binance Theft
TL;DR: Tether said on November 2 that it froze more than $1.5 billion in USDT linked to the late-October Binance attack, working w...
Taurus Adds Stellar Smart-Contract Assets to Institutional Custody and Issuance
TL;DR Taurus announced live smart-contract asset support on October 29. The extension covers its custody and tokenization platform...
A THORChain Bug Has Slowed North Korean Hackers Laundering Stolen Binance Funds
The emergency stop on THORChain that, per Chainalysis, held up North Korean hackers trying to move money stolen from Binance was s...