BitGo Launches OTC Platform with Derivatives and Lending

BitGo, the largest independent licensed custodian, is launching an over-the-counter (OTC) trading platform with access to over 250 digital assets worldwide.

As a leading provider of digital asset infrastructure solutions, BitGo announced the launch of its own institutional-grade OTC platform. In addition to spot trading, the service offers derivatives trading, lending, yield-generating products, and instant settlements.

According to the press release, BitGo’s OTC platform operates in stealth mode since early 2024, processing transactions worth billions of dollars and building a loan portfolio exceeding $150 million, serving leading institutional investors.

The platform operates 24/7, providing access to a wide range of digital assets. Its key advantage is integration with BitGo’s regulated custodial service, enabling users to trade without having to move assets outside the secure infrastructure.

BitGo also utilizes its proprietary Go Network settlement system, launched in 2023, which allows for instant fund transfers in both crypto and fiat currencies. This eliminates the need for pre-depositing funds on third-party platforms, reducing counterparty risks.

The launch of BitGo’s OTC platform comes amid rumors of a potential IPO in H2 2025. These speculations were indirectly confirmed by Mike Belshe, CEO of BitGo, who stated at Consensus Hong Kong that public listings of crypto companies are crucial for boosting trust in digital assets and attracting traditional financial institutions from Wall Street.

In late 2024, BitGo acted as a technical partner in developing a FinTech solution for cross-border B2B payments using stablecoins and Visa’s payment system. This project was designed for e-commerce market participants in Latin America.