Banks Are Using BitGo to Power Their Digital Asset Strategy

Key Takeaways

• The way banks engage with digital assets is shifting. From adding crypto to their balance sheets to generating staking rewards and expanding their product suite for clients, banks are now turning intent into action. 

• BitGo has built a modular set of digital asset solutions purpose-built for banks, enabling institutions to manage their own digital asset operations, including trading, and hot and cold wallet custody. 

• Through solutions like Stablecoin-as-a-Service and Crypto-as-a-Service, BitGo also gives banks everything they need to offer digital assets directly to their clients.

For decades, banks have operated within a well-defined set of asset classes and financial products. This is beginning to change. Regulatory clarity, growing client demand, and the mainstreaming of digital assets are pushing financial institutions to take crypto seriously, both as an asset class and as a product offering. BitGo's answer is a digital asset operating model for banks, giving institutions the flexibility to engage with digital assets in a way that fits their specific needs.

How Banks Can Use BitGo for Their Own Digital Asset Operations

For many banks, digital asset adoption is starting internally. Institutions are adding digital assets to their own balance sheets, managing treasury positions, and generating rewards through earning methods like staking before ever offering these services to clients. BitGo is already powering these internal operations at scale for banks including  Banco de Crédito del Perú, Banco de Crédito de Bolivia S.A., and TowerBank.

BitGo’s full-stack of solutions includes: 

• Secure Wallet Infrastructure: Cold and hot wallet solutions, giving banks the flexibility to manage digital assets based on their own security and liquidity requirements. Cold storage provides maximum security for long-term holdings, while hot wallets enable faster access for active treasury operations.

• Deep, Aggregated Trading: Banks can trade a wide range of digital asset pairs via electronic or OTC trade, accessing deep liquidity across leading venues with automated settlement and integrated collateral management. 

• Staking: Rather than letting digital assets sit idle, banks can put their holdings to work through BitGo's staking infrastructure, earning rewards on proof-of-stake networks.

• Corporate Treasury and Balance Sheet Management:BitGo enables banks to hold and manage digital assets as part of a broader treasury strategy, with real-time visibility into positions, exposure, and settlement across the portfolio.

• Policy Controls and Compliance: Operations are governed through BitGo's built-in compliance framework. Banks can configure role-based approvals, velocity limits, and whitelisting.  

How Banks Can Use BitGo to Offer Digital Assets to Their Clients 

Beyond internal operations, BitGo gives banks the infrastructure to bring a full suite of digital asset services to their clients, without building the underlying technology themselves. Erebor Bank and InvestiFi, whose platform powers a growing network of banks and credit unions, are already doing exactly that.

For banks, this also means new revenue streams, stronger client retention, and fewer reasons for clients to take their assets elsewhere, through solutions such as:

• Stablecoin-as-a-Service (SCaaS): BitGo's SCaaS solution provides end-to-end support to launch a proprietary stablecoin, covering issuance strategy, smart contract development, policy controls, key management, and ongoing reporting. 

• Crypto-as-a-Service (CaaS): For banks that want to move quickly, CaaS delivers a turnkey solution that leverages BitGo's regulatory licensing, KYC/KYB workflows, and custody infrastructure to embed crypto functionality, including the ability to buy, sell, and swap top crypto pairs via APIs. 

• Wallets-as-a-Service (WaaS): Through BitGo Bank and Trust, National Association, an OCC-regulated federal trust bank, cold wallet custody delivers bank-grade protection with HSM technology, multi-sig or MPC key management, and up to $250M in insurance coverage.

• Digital Asset Wealth Management: BitGo's wealth management platform gives advisory teams everything they need to seamlessly integrate digital assets into client portfolios. With built-in portfolio management, reporting, and secure custody, banks can advise on crypto with the same confidence they bring to traditional asset classes.

Solutions Built for Modern Banking 

Digital assets are no longer an asset class banks can defer. Client demand is real, the regulatory environment is maturing, and the competitive pressure from fintechs and crypto-native platforms is accelerating. The question for most institutions has shifted from whether to engage with digital assets to how to do it safely, efficiently, and profitably.

BitGo answers that question from multiple angles. From the infrastructure banks need to manage their own digital asset operations, to the client-facing solutions that turn crypto demand into a real product offering. With a decade of institutional experience, a global regulatory footprint, and a modular solution set that integrates without replacing existing systems, BitGo is built to be the digital asset partner banks can trust for the long term.

The institutions that move now will be the ones that define what modern banking looks like in the digital asset era. BitGo is ready to help you get there.