Key Takeaways

  • Rho X is live on BitGo's Go Network, enabling off-exchange settlement for on-chain rates trading

  • Institutions can access cryptonative interest rate markets while assets remain in regulated custody at BitGo Bank and Trust, N.A.

  • The integration connects decentralized trading with institutional-grade custody, settlement, and capital efficiency

Rho X has joined Go Network as an Off-Exchange Settlement (OES) partner, expanding institutional access to cryptonative rates markets.

Through this integration, institutions can trade funding rates, staking yields, and stablecoin rates on Rho X, all while keeping assets in regulated custody. As participation in digital assets grows, tools to manage funding and yield dynamics are becoming increasingly important to institutional strategies.

Why This Matters

By combining Rho X's execution with Go Network's settlement model, institutions can access these markets within a more controlled and capital-efficient framework:

  • Reduced counterparty risk: assets remain in segregated custody

  • Improved capital efficiency: minimize prefunding requirements

  • Streamlined operations: avoid moving assets across venues

  • Full control and visibility: maintain oversight of assets throughout the trade and settlement lifecycle

"Off-Exchange Settlement has become an important part of institutional market structure, allowing clients to separate custody from execution," said Brett Reeves, Head of Go Network at BitGo. "Integrating Rho X expands that model to additional market segments, including rates trading, while maintaining the same standards of security and control."
"Institutions are increasingly focused on managing cryptonative risks such as funding rate volatility and yield variability," said Alex Ryvkin, Founder and CEO of Rho Labs. "With this integration, Rho X brings these capabilities into a framework that aligns with institutional requirements for custody and operations."

How It Works

Through Go Network OES, clients trade on Rho X while assets remain in regulated, qualified custody at BitGo Bank and Trust, N.A., insured up to $250M.

Balances are mirrored for trading but remain with BitGo until settlement. Trades are executed on Rho X, while profits and losses settle via automated ledger movements within custody.

Institutions retain full control, visibility, and access to assets throughout the lifecycle, establishing a foundation for how they can access liquidity, deploy capital, and manage risk within BitGo's platform.

Get Started

Connect with our team to learn how to access Rho X through Go Network and explore BitGo’s integrated platform for trading, financing, and staking.

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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.