Mitigating Risk for Institutions: Why BitGo Is the Trusted Custodian

The High Stakes of Institutional Security

The crypto landscape moves at lightning speed, but security can’t afford to play catch-up. As digital assets surge in adoption, so do the threats—hacks, breaches, and operational gaps have drained billions from the industry in stolen and lost funds. The consequences are steep: eroded client trust, regulatory scrutiny, and disrupted operations all hang in the balance. Robust asset protection isn’t optional—it’s foundational.

BitGo stands as the gold standard in this high-stakes arena. As the only qualified private custodian with a spotless record—never losing client funds to a breach on our side—we redefine institutional security. Our cutting-edge safeguards, rigorous compliance, and comprehensive insurance deliver the assurance institutions need to thrive in a dynamic digital world, without compromise.

Proven Tactics for Mitigating Risk

Advanced Multi-Signature Technology

BitGo pioneered multi-signature wallets, now an industry-wide standard, ensuring that no single party can unilaterally access or transfer assets. This setup significantly reduces risks associated with single points of failure.

BitGo’s MPC wallet structure ensures no single party holds the full private key, splitting it cryptographically into encrypted fragments. This reduces compromise risk while keeping transactions seamless and secure. 

For institutions, Multi-Sig is often the preferred choice due to its transparency and established security framework. MPC is often preferred for DeFi projects, custodians, and high-frequency traders due to its greater flexibility and cost efficiency.

Cold Storage Expertise

Assets are safeguarded in geographically dispersed, ultra-secure cold storage facilities, fortified by our industry-leading multi-signature technology.

True offline signing away from any internet connection. 

Robust Policy and Role Based Access Controls

Every transaction aligns with pre-defined security protocols, including but not limited to address whitelisting, policy controls, and multi-user approvals.

Insurance Coverage

BitGo’s custody clients benefit from $250 million in insurance, protecting against loss, misuse, and theft. This additional layer of assurance is backed by a leading syndicate of underwriters in the Lloyd's of London market.

Regulated and Audited Custodianship

Operating as a regulated trust company globally, BitGo adheres to stringent compliance requirements in multiple jurisdictions to meet the needs of our clients. Our operations are regularly audited to ensure the highest levels of transparency and security.

Independent Checks and Balances

Utilizing a tri-party model for collateral management, we ensure independent oversight to mitigate counterparty risk. This architecture ensures that no single entity can compromise the security of assets.

Why Choose BitGo as a Qualified Custodian?

Trust, once broken, is hard to rebuild—and in crypto, the industry never forgets a custody failure. High-profile collapses like FTX, Mt. Gox, and countless others over the years serve as stark reminders of the stakes involved. Selecting a qualified custodian isn’t just a choice—it’s a necessity. As a regulated, bankruptcy-remote entity, BitGo offers an ironclad operational framework that shields your assets from the vulnerabilities of non-custodial platforms and self-custody. Our entire system is engineered to eliminate single points of failure, ensuring that no misstep can jeopardize our security—or your funds.

BitGo’s Unmatched Track Record

Zero Breaches: Since we opened in 2013, BitGo has never experienced a security breach. Not a single client dollar or Bitcoin has ever been lost by hacks. 

$100B in Assets Under Custody: Trusted by top-tier hedge funds, exchanges, and family offices worldwide, BitGo safeguards over $100 billion in digital assets. Our brand is built on a legacy of reliability, delivering trust to clients across the globe.

Competitive Withdrawal Times: Access your assets whenever you need them, 24/7/365. With BitGo, your funds are secure yet never out of reach, ensuring flexibility without sacrificing safety.

The Cost of Inaction

Ignoring security risks isn’t just a roll of the dice on financial losses—it’s a direct threat to client trust, regulatory compliance, and the long-term survival of your institution. In a shifting crypto landscape, a reactive stance or blind optimism is a luxury no one can afford. A single breach can shatter years of hard-earned credibility, halt operations, and leave institutions scrambling to recover. The stakes are clear: without proactive, robust protection, your future hangs in the balance.

Why BitGo is the Answer

This is where BitGo steps in—not just as a custodian, but as a strategic partner dedicated to your success. We bring more than secure storage; we deliver peace of mind with a track record that speaks for itself. As the only qualified private custodian never to lose client funds to a security breach on our end, BitGo sets the benchmark for institutional asset protection. Our geographically distributed, ultra-secure cold storage facilities, paired with industry-leading multi-signature technology, form an impenetrable shield around your digital assets. Add to that our rigorous compliance standards and comprehensive insurance coverage, and you have a foundation built to weather any storm.

With BitGo, institutions don’t just mitigate risks—they turn them into opportunities. Our battle-tested infrastructure empowers you to stay ahead of threats, meet regulatory demands with ease, and focus on what matters: driving growth and innovation. The past has taught the industry painful lessons—hacks, losses, and broken trust—but BitGo transforms those lessons into a roadmap for a stronger future. We’re not here to patch vulnerabilities; we’re here to redefine security so you can confidently shape the next chapter of your digital asset journey.

Secure your future. Protect your assets. Take the first step toward uncompromising security.

Schedule a call with us today.