gtag('config', 'G-0PFHD683JR');
Crypto News

BITGO launches 24/7 otc Crypto Trading for institutional investors

Preparing cryptocurrency trading.

BITGO, a digital asset incentive, launched a universal universal trading office that provides trading and trading derivatives in Crypto.

According to February 19 advertisement From California, its headquarters, the OTC office supports trading across more than 250 digital assets, including lending products and generating return.

Meanwhile, liquidity is obtained from multiple exchanges and institutional liquidity providers to provide competitive prices and flexible orders.

The platform also meets the projects in capitalist companies and hedge funds.

BITGO said its role as the “preferred qualification trustee for the main protocols” enables him to provide VC and Onder Fund’s ability to trad the non-invested Layer-1 symbols, giving them more flexibility in the management of allocations.

The OTC office has been combined with BITGO’s internal nursery services to ensure that customer boxes remain safe until the settlement.

BITGO will also offer $ 250 million in insurance coverage.

It is worth noting that the platform has been working in “ghost mode” since early 2024 and has already tackled “a billion in trading volume”, adding that it has already designed a book of $ 150 million.

“The high explosive demand since its launch proves the decisive institutional demand for detailed trading solutions integrated with qualified custody,” the announcement continued.

The new service will be led by Matt Balnasoug, who was formerly from Genesis, and Stephen von Heinesh, formerly in the OSL group. 24/7 will run to meet the needs of institutional investors around the world.

Commenting at all, Ballensweig said that the OTC’s integrated offer gives customers access to sites, derivatives and services while maintaining their assets protected in qualified reservations “until the time of settlement”.

He added: “Then we benefit from the BITGO GO network to settle assets at the same time – which leads to an increase in the very pre -risks that are behind our market structure.”

Bito continues to expand

The latest BITGO offers comes amid the company’s broader expansion through its services and reached the market during the past year.

As I mentioned earlier by Invezz in November, the guardian began serving the Asia Pacific region via Bitgo Singapore.

The company received a major payment license from the monetary authority in Singapore in August.

In September, Bitcoin (WBTC) called the Avalanche and BNB series, and expanded support for the distinctive symbol behind Ethereum.

I partnered with Layerzero to make this possible.

BITGO also pushed the digital assets that focus on retail sale in December last year with the launch of a platform specifically designed for retailers.

The platform allows retail traders to access a set of BITGO tools that were previously limited to institutional players.

This year, there were talks that the company had been publicly shown by the second quarter of 2025.

Speculation gained traction after Bloomberg a report Sources from the inside, who claimed that Bitgo wanted to launch a preliminary public offer in the coming months.

Post Bitgo 24/7 otc Crypto Trading for institutional investors first appeared on Invezz

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button