Crypto firm BitGo’s assets in custody jump


Of the total assets looked after by the firm, half are tied to staking, a process that involves investors pledging cryptocurrencies to help validate transactions on blockchains. — Bloomberg

NEW YORK: Crypto custody firm BitGo Inc has seen its assets under custody soar from US$60bil to US$100bil in the first half of 2025, Abel Seow, managing director for Asia-Pacific at the firm, says.

The jump is driven by rising crypto adoption flowing from greater regulatory clarity globally, Seow said.

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