Institutional Crypto Infrastructure Sees Rapid Growth with BitGo Leading the Charge

BitGo's recent revenue growth of 19% in the second quarter and its expansion to $4.3 billion in custody assets highlights the increasing demand for regulated crypto infrastructure among institutional investors.

The company provides custody, settlement, and trading infrastructure for these large-scale investors and financial firms.

This growth reflects a trend where institutions are turning away from managing digital assets directly and instead opting for regulated services provided by companies like BitGo, Coinbase Global (NASDAQ:COIN), Fireblocks, Copper, and Anchorage Digital.