BitGo launches BitGo Ventures, an investment division that will back startups focused on secure and scalable infrastructure within the digital finance ecosystem.
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BitGo Ventures will invest in FinTech startups and blockchain projects anchored in sound regulation and compliance, with the goal to expand the global BitGo ecosystem and build secure and scalable solutions for the future of finance.
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Leveraging BitGo's global platform and expertise as the most trusted custodian and security infrastructure provider in digital finance, BitGo Ventures will seek to support innovative entrepreneurs and strategic partners.
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The investment team behind BitGo Ventures will be composed of seasoned professionals with diverse experiences in FinTech investing, government, law, and startups.
PALO ALTO, Calif., April 17, 2024, BitGo announced today the launch of BitGo Ventures, BitGo's investment arm dedicated to seeking out and fostering partnerships with FinTech infrastructure companies and blockchain projects around the world. BitGo Ventures will invest in startups that are building secure, scalable, and digital-native financial infrastructure solutions while prioritizing regulatory compliance. Leveraging BitGo's reputation as a trusted custodian and infrastructure provider in the digital finance ecosystem as well as its expansive experience and proprietary insights in the sector, BitGo Ventures will offer unparalleled expertise and support to their partners to bolster innovation and growth.
"BitGo has always been at the forefront of digital asset security and infrastructure," said Mike Belshe, CEO of BitGo. "With BitGo Ventures, we are extending our commitment to innovation by investing in and supporting the pioneers who are shaping the future of finance. Our goal is to empower these entrepreneurs with the tools and support necessary to bring their groundbreaking solutions to market."
BitGo also announced BitGo Ecosystem Fund, a strategic initiative by BitGo Ventures, designed to fund and support the growth of emerging talents and visionary projects within the blockchain space.
BitGo Ventures is dedicated to spearheading the development of a new, digital-native financial framework, as we support startups poised to redefine the infrastructure of digital finance.
The investment team behind BitGo Ventures joined BitGo in February 2024 when BitGo acquired Brassica, an infrastructure solutions provider for private securities. BitGo Ventures currently manages an early stage FinTech fund that has invested in innovative FinTech infrastructure companies in Asia and the US. For more information, please visit www.bitgo.com/ventures.
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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.