Easy access to fiat is essential for buying and selling digital currencies because it allows traders to take advantage of market opportunities. Combining fiat with storage of crypto puts control back in the hands of traders; no more waiting for wire transfers to complete or needing to move your Bitcoin between a cold storage and trading account.

BitGo Trust clients can now deposit fiat currency. Holding fiat allows institutional clients to buy and sell digital currencies directly from their BitGo Trust account.

We introduced custody for fiat with the launch of BitGo's seamless trading integration platform where clients can access deep liquidity via our network of trading partners. Last week, we announced that Genesis Global Trading is our first partner, and there are many more to come.

For liquidity providers who are not regulated to hold fiat or digital currencies, easy access to fiat reduces trade settlement time. Without a fiat account, traders must transfer money each and every time they want to execute a buy order. This process is both time consuming and cumbersome, relying on external parties for wire transfers as well as the transfer of assets between accounts. More importantly, a delay in getting coins to market can cause market risk in price fluctuations.

All cash deposits (USD only) are done through a wire transfer. Once the wire is received and validated, the cash balance is updated in the USD wallet in the BitGo application. Clients enter their bank wiring info directly in the BitGo app (or API) for Know-Your-Customer (KYC) and AML purposes, enabling BitGo Trust to validate the wire when received.

We look forward to announcing additional trading partners soon. Read more about BitGo's trading integration platform in this Bloomberg article.

Connect with a member of our team to learn more about BitGo Custody.

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About BitGo

BitGo is the digital asset infrastructure company, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have been focused on accelerating the transition of the financial system to a digital asset economy. With a global presence and multiple regulated entities, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, and millions of retail investors worldwide. For more information, visit www.bitgo.com.

(c)2026 BitGo, Inc. (collectively with its parent, affiliates, and subsidiaries, "BitGo"). All rights reserved. BitGo Bank & Trust, National Association ("BitGo Bank & Trust") is a national trust bank chartered and regulated by the Office of the Comptroller of the Currency (OCC). BitGo Bank & Trust is a wholly-owned subsidiary of BitGo Holdings, Inc., a Delaware corporation headquartered in Palo Alto, California. Other BitGo entities include BitGo, Inc. and BitGo Prime LLC, each of which is a separately operated affiliate of BitGo Bank & Trust.

BitGo does not offer legal, tax, accounting, or investment advisory services. The information contained herein is for informational and marketing purposes only and should not be construed as legal, tax, or investment advice. You should consult with your own legal, tax, and investment advisor for questions about your specific circumstances.

Digital assets are subject to a high degree of risk, including the possible loss of the entire principal amount invested. Past performance and illustrative examples do not guarantee future results. The value of digital assets can fluctuate significantly and may become worthless. No BitGo communication is intended to imply that any digital asset services are low-risk or risk-free. BitGo is not a registered broker-dealer and is not a member of the Securities Investor Protection Corporation ("SIPC") or the Financial Industry Regulatory Authority ("FINRA"). Digital assets held in custody are not guaranteed by BitGo and are not subject to the insurance protections of the Federal Deposit Insurance Corporation ("FDIC") or SIPC. Custody and other digital asset services are subject to eligibility, jurisdictional, and regulatory restrictions. Availability of specific products and services may vary by location and entity.

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