BitGo is a qualified custodian providing multi-sig custody for digital assets including stablecoin reserves. Acquired by Galaxy Digital, BitGo offers hot, warm, and cold wallet infrastructure with a $250M insurance policy. Used by stablecoin issuers and exchanges for reserve custody and settlement.
Qualified custodian with multi-sig architecture. $250M insurance policy. Custodies stablecoin reserves and provides settlement infrastructure. Used by stablecoin issuers and exchanges.
Single institutional custodian despite multi-sig. Galaxy Digital acquisition (2023) changed ownership. Concentration risk at scale.