Entities: BitGo Prime, LLC

BitGo Prime, LLC serves as the company’s integrated trading and custody services arm, delivering a comprehensive institutional experience that bridges trading, capital efficiency, and regulated custody in a single ecosystem. The entity operates on a riskless principal model, sourcing deep liquidity from a diverse network of market makers to act as the sole counterparty for every trade, ensuring client anonymity and eliminating front-running risks. This ecosystem is further enhanced by a unified collateral utilization platform that enables institutions to optimize liquid assets, locked tokens, and staked positions across their portfolio. A defining feature of BitGo Prime is its seamless integration with BitGo Bank & Trust, National Association, allowing institutions to leverage assets held in insured, bankruptcy-remote cold storage as real-time collateral. By settling through the proprietary Go Network, BitGo Prime effectively mitigates counterparty risk and reduces the systemic vulnerabilities that are common in traditional vertical exchange models.