BitGo Expands Institutional OTC Platform to Support Derivatives Trading
BitGo has broadened its institutional over-the-counter trading platform to include derivatives, marking a strategic MOVE to provide comprehensive, regulated infrastructure for sophisticated digital asset strategies. The new MOVE feature enables institutions to trade OTC derivatives directly with BitGo while keeping collateral in separately regulated custody.
Institutional participation in crypto markets is maturing rapidly, driving demand for complex trading strategies paired with robust risk management. BitGo's solution addresses counterparty risk concerns by segregating trading and custody—a critical feature for hedge funds, treasury managers, and proprietary trading firms.
The derivatives functionality integrates with BitGo's existing prime services, including electronic trading and settlement. This unified approach aims to deliver capital efficiency without sacrificing security or compliance standards. The expansion coincides with the appointment of Tim Kan as Director of Derivatives, signaling BitGo's commitment to this growing market segment.