BitGo specializes in multi-signature wallets for Enterprise customers, like institutional investors, hedge funds, cryptocurrency exchanges, even traditional exchanges.

We’ve often featured products or services for individuals, but today we’d like to flip it and talk about BitGo, a blockchain security company offering institutional services.

These kinds of users have special needs. They need “hot wallets” for safely handling rapid deposits and withdrawals for users, but also “cold wallets” for secure longer-term storage of deposits held. On top of these systems to rapidly, reliably, and safely manage and report on these funds and payment services, exchanges often have extensive compliance requirements integrated with all these processes. BitGo helps them do all this.

Other large customers, such as institutional investors, have different needs – they may want a full-fledged custodial solution, giving them a secure and compliant service to hold investments in crypto without needing to get too deeply involved in technology outside their core competencies. BitGo’s ability to extend these services is enhanced by their recent agreement to acquire their partner Kingdom Trust, a fully regulated Trust Company.

BitGo’s partner list goes beyond the crypto space because they’ve been carefully, conservatively, and successfully building products and services that meet complex institutional needs for years. When the CME Group Inc and the The Royal Mint in the U.K. decided to create Royal Mint Gold, a blockchain-based system for holding and trading physical gold, one of the companies they turned to was BitGo.

So, what did BitGo, the company trusted to help deal with real gold, think when they took a look at Bitcoin Gold last year? They concluded that the project had value and would have longevity, and they decided to promptly enable their software to work with BTG, rolling out support in December of 2017.