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BitGo Technologies Notice of Assignment

Notice of Assignment

We are writing to inform you that, 1/15/2025 (the “Effective Date”), BitGo Technologies LLC, a limited liability company formed under the laws of Delaware (“BitGo Technologies” or “Assignor”), has assigned to BitGo Bank & Trust, National Association, a national trust bank chartered by the Office of the Comptroller of the Currency (“Trust” or “Assignee”), your account (your “Account”) established under the Master Services Agreement between you and Assignor (the “MSA”) . This notice is for your information only and does not require any action from you.

This assignment and assumption was made pursuant to, and in accordance with, the MSA’s assignment provisions. As of the Effective Date:

  • Your account will be governed by the terms and conditions set forth in the custodial services account agreement between you and the Trust (the “CSA”).  You may review the CSA at: http://bitgo.com/legal/bitgo-bank-and-trust-agreements

  • The CSA will govern the custody services for your Account going forward and will supersede and replace the MSA with respect to the Account and such services as of the Effective Date.  

  • All assets and related records associated with your Account will be transferred to and held by the Trust as custodian, and your existing account identifiers will remain the same unless we notify you otherwise.

  • The Trust will perform all obligations and exercise all rights of the “Custodian” under the CSA and will be your custodian of record as of the Effective Date.  

  • Pursuant to the assignment provisions of the MSA, no action or consent is required from you for this assignment and assumption to be effective.  

This notice is provided for your information and records only.  If you do not wish to continue receiving custody services from the Trust under the CSA, you may close your Account at any time without penalty in accordance with the CSA, and asset withdrawals will be processed in accordance with our standard timelines and controls.  

Additional important information (please read carefully):

  • Continuity of service / no disruption. We expect no interruption in custody services as a result of this transfer. 

  • Fees and changes. Fees, if any, applicable to services provided after the Effective Date will be as set forth in the CSA. If fees will change as a result of the transfer, such changes will be described in the CSA.

  • Information sharing and privacy. In connection with the transfer and ongoing servicing of your Account, BitGo Technologies and the Trust may share information about you and your Account between themselves and with their service providers, as permitted by applicable law, subject to applicable privacy notices and any confidentiality obligations under your agreements with us.  The Trust’s privacy notice is available at: https://www.bitgo.com/privacy. Your continued use of the Account after the Effective Date constitutes your acknowledgment that such information sharing may occur for operational, compliance, security, fraud prevention, servicing, and customer support purposes and may involve processing of information in other jurisdictions in accordance with applicable law.