BitGo Launches Support for Avalanche, Expanding Global Access to Rapidly Growing DeFi Ecosystem

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BitGo is the leader in digital asset financial services, providing institutional investors with liquidity, custody, and security solutions with over $64B in assets under custody. Founded in 2013, BitGo pioneered the multi-signature wallet and is the first digital asset company to focus exclusively on serving institutional clients. Active in both centralized and decentralized finance, BitGo offers market leading trading, lending, and borrowing services through its prime brokerage services and acts as the custodian for WBTC, with more than $19 billion in custody and circulation. In 2020, BitGo launched BitGo Portfolio and Tax, providing clients with a full-stack solution for digital assets. In 2018, it launched BitGo Trust Company, the first qualified custodian purpose-built for storing digital assets. BitGo processes approximately 20% of all global Bitcoin transactions, and supports over 400 coins and tokens. BitGo provides the security and operational backbone for more than 700 institutional clients in 50 countries, including many regulated entities and the world’s top cryptocurrency exchanges and platforms. BitGo is backed by Goldman Sachs, Craft Ventures, Digital Currency Group, DRW, Redpoint Ventures, and Valor Equity Partners. For more information, please visit https://bitgo.com

About Avalanche

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