BitGo Trust Company, Inc., has integrated with EigenLayer to support native ETH restaking and EIGEN token staking in self-custody cold, self-custody hot, and custody wallets. This groundbreaking move enables institutional clients to seamlessly manage their digital assets while participating in the growing ecosystem of decentralized finance.

  • Why it’s significant: BitGo's integration with EigenLayer offers institutions a secure and compliant environment to stake and restake assets, maximizing returns while reducing risk. This marks a significant advancement in institutional-grade staking solutions.

  • What it means: Clients can now stake native EIGEN to earn rewards and restake ETH to support the EigenLayer Active Validation Service (AVS) ecosystem—all while benefiting from BitGo’s industry-leading security and a curated selection of operators—entities who secure and validate the network.

  • Who it’s for: This integration is tailored for institutional investors and organizations looking to enhance their staking strategies with top-tier security and operational support.

In our commitment to delivering cutting-edge solutions for institutional clients, BitGo is proud to announce our latest integration with EigenLayer as a leading regulated, qualified custodian to support ETH restaking and EIGEN staking. This new offering enables institutional clients and holders of ETH and EIGEN to participate, while maintaining the security and operational rigor expected from BitGo.

One Stake, Endless Possibilities

At BitGo, we believe that staking should do more than just secure your assets; it should fuel innovation. Through this integration, our clients can now stake EIGEN to manage the protocol, earn rewards, and unlock the potential to restake ETH, accelerating their participation in the decentralized economy—all within the safety and security of BitGo’s custody solutions.

Unlock EIGEN

Stake your EIGEN directly from BitGo’s secure platform to actively participate and earn rewards.

Restake and Reinvest 

For ETH holders, BitGo enables restaking into EigenLayer's Active Validated Services (AVS) ecosystem. Without compromising on security, institutions can support decentralized protocols and earn additional AVS rewards, making the most of their staked ETH.

Strategic Choices, Curated for Confidence

Security doesn’t have to mean sacrificing flexibility. BitGo clients now have the ability to delegate their assets to a carefully curated selection of AVS operators, handpicked by BitGo for their expertise and trustworthiness within the EigenLayer ecosystem. This strategic approach allows clients to diversify risk, assess operators and optimize their staking strategies, ensuring that every decision is backed by confidence.

"We are thrilled BitGo has so deeply integrated EigenLayer into their custody solution, giving more institutions access to all that EigenLayer has to offer, while ensuring their assets are protected by the industry's leading qualified custodian." — Alan Curtis, COO, Eigen Labs

Stake, Secure, and Scale with BitGo

By integrating with EigenLayer, BitGo expands the possibilities for institutional staking while upholding our commitment to security and trust. Our clients can rest assured knowing their assets are safeguarded by a qualified custodian, while enjoying the flexibility of staking and restaking. We are excited to offer this new capability, empowering institutions to grow their digital portfolios and contribute to the evolving decentralized economy with ease.

"BitGo is proud to lead the industry as the first purpose-built qualified custodian for digital assets. We're excited to advance institutional-grade staking by being the first to offer secure ETH restaking, setting a new standard for the future of digital asset management." — Daniel Du, Senior Product Manager, BitGo

Key Benefits of BitGo’s Staking Platform:

  • Best-in-class Security: Industry-leading protections for institutional ETH and EIGEN holders, with segregated, bankruptcy-remote accounts.

  • Continuous Earnings: Stake EIGEN or restake ETH with a diverse range of operators, making assets work harder while remaining secure.

  • Curated Operator List: Clients gain access to a selection of AVS operators, each vetted by BitGo.

  • Comprehensive Staking Services: Native support for EIGEN custody & staking, and ETH restaking from the same trusted platform you rely on for digital asset management.

As of October 1, 2024, slashing is not currently applicable for ETH Restaking and EIGEN staking, though it may be introduced in the future. However, slashing does apply to ETH staking. Additionally, active ETH stakers must fully unstake before restaking to EigenLayer, with a ~7-day unbonding period that may introduce some timing considerations for rewards.

At BitGo, we are dedicated to pushing the boundaries of digital asset management and staking services, allowing institutions to safeguard their assets while actively participating in decentralized networks. With this new integration, the possibilities are endless.

If you would like to learn more about ETH restaking or EIGEN staking, please connect with us.

About BitGo

BitGo is the leading infrastructure provider of digital asset solutions, offering custody, wallets, staking, trading, financing and settlement out of regulated cold storage. Founded in 2013, BitGo is the first digital asset company to focus exclusively on serving institutional clients. BitGo is dedicated to advancing a digital financial services economy that is borderless and accessible 24/7. With multiple Trust companies around the world, BitGo is the preferred security and operational backbone for more than 1,500 institutional clients in 50 countries, including many of the world’s top brands, cryptocurrency exchanges and platforms. BitGo also secures approximately 20% of all on-chain Bitcoin transactions by value and is the largest independent digital asset custodian. For more information, please visit www.bitgo.com.

©2024 BitGo Inc. (collectively with its affiliates and subsidiaries, “BitGo”). All rights reserved. BitGo Trust Company, Inc., BitGo Inc., and BitGo Prime LLC are separately operated, wholly-owned subsidiaries of BitGo Holdings, Inc., a Delaware corporation headquartered in Palo Alto, CA. No legal, tax, investment, or other advice is provided by any BitGo entity. Please consult your legal/tax/investment professional for questions about your specific circumstances. Digital asset holdings involve a high degree of risk, and can fluctuate greatly on any given day. Accordingly, your digital asset holdings may be subject to large swings in value and may even become worthless. The information provided herein is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. BitGo is not directing this information to any person in any jurisdiction where the publication or availability of the information is prohibited, by reason of that person’s citizenship, residence or otherwise.