BitGo has launched a new digital asset financing platform for institutional clients. Announced Tuesday by BitGo Prime, the platform brings together crypto borrowing, lending, collateral management, and position monitoring in one place.
The goal is to make digital asset financing easier to manage. In many cases, institutions still have to deal with several counterparties and move collateral across different venues.
BitGo says its new platform is built to reduce that complexity through a more streamlined workflow.
The platform combines several financing functions
Bitgo explained the platform as a way to let institutions take out crypto-backed loans using eligible digital assets, including Bitcoin, Ether, Solana, stablecoins, and other supported tokens, based on its terms and risk guidelines.
It also supports financing backed by some locked tokens and staked assets held in segregated wallets.
The company said clients can track and manage financed positions inside the BitGo platform. It said this gives institutions more control and lets them continue staking and keep long-term strategies in place, depending on the product terms.
BitGo is also introducing portfolio-based financing for eligible assets held in a client’s Go Account, its regulated multi-asset custody wallet. The company said this model gives clients more flexible access to liquidity as their portfolio changes over time.
As a result, larger institutions may not need to treat each asset as a separate financing case. Instead, they can manage liquidity more efficiently across a broader portfolio.
Beyond borrowing, the platform also lets eligible clients lend some assets to BitGo Prime. BitGo said clients can use this for treasury and capital management.
The company added that institutions can access these tools directly on the platform. BitGo said clients can use the funds for trading, working capital, or other liquidity needs.
BitGo targets institutional demand for simpler financing
Mike Belshe, BitGo’s CEO and co-founder, said institutional clients want digital asset financing that fits the way they actually manage capital and risk, rather than using separate products for each need.
“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,” Belshe noted.
Adam Sporn, Head of Prime Brokerage and Institutional Sales at BitGo, said the platform gives institutions more than one financing option. He said it also provides direct support for more complex financing needs.
Sporn said the platform gives clients a controlled setup without third-party or smart contract risk.
“We’ve built this offering to pair responsive, high-touch support from our team with an on-platform experience that makes financing easy to manage. That combination of flexibility, service, and control is what institutions have been missing in digital asset markets,” he said.
In a recent development, BitGo expanded its services for the Canton Network on Monday. The company now supports custody, over-the-counter trading, and settlement for Canton Coin.
The recent development shows BitGo’s broader push to strengthen its digital asset infrastructure offerings for regulated institutional clients entering blockchain-based finance.