BitGo launches digital asset financing platform

BitGo (BTGO) Prime, a subsidiary of BitGo Holdings, announced the launch of a unified, on-platform financing offering designed to give institutions collateralized borrowing and lending capabilities integrated within BitGo’s institutional platform. “Institutional clients want digital asset financing that works the way they manage capital and risk in practice – not as a collection of siloed products,” said Mike Belshe, CEO and Co-founder of BitGo. “With BitGo Prime, we are delivering a platform that meets institutional standards without requiring clients to restructure their portfolios to access capital. That’s a meaningful shift for the industry.”