Enhances its Full Suite of Prime Broker Offerings
Kicks off First in a Series of Quarterly Roundtables for Hedge Fund Managers and Prospects
PALO ALTO, Calif.--(BUSINESS WIRE)--#bitcoin--BitGo Prime, the first digital asset financial services company to offer a deeply integrated solution with lending, trading and custody, announces new value-added Capital Introduction Services (Cap Intro) for its premier clients who seek to optimize their investment strategies.
Through a series of invitation only, quarterly roundtables, BitGo Prime will bring together the institutional investment community, such as asset managers, family offices, sovereign funds, pension funds, endowments and high-net-worth individuals, with hedge fund managers.
Today, BitGo Holdings, Inc. (“BitGo”) hosted the first Cap Intro Roundtable in the series. Mike Belshe, CEO, BitGo and Nick Carmi, CEO, BitGo Prime spoke on Investing in Crypto…the Future of Cryptocurrency Hedge Funds. Presenting managers included:
- Dan Morehead, CEO and Co-Chief Investment Officer, Pantera Capital
- Delfos Machado Neto, Portfolio Manager, Dunamis Trading Group
- Shilang Tang, Chief Investment Officer, LedgerPrime
“Cap Intro Services have been an integral part of traditional prime brokerage offerings for many years and our ability to connect our hedge fund clients with target investors further establishes BitGo Prime as a true, fully-integrated prime broker for digital assets,” said Carmi.
“We at Pantera welcome BitGo’s initiative to launch cap intro for digital assets and we were delighted to participate,” said Dan Morehead, CEO, Pantera. “This is yet another step forward in merging digital assets with the traditional finance world and providing the education, tools and solutions institutional investors need to participate in this growing asset class.”
Launched in May 2020, BitGo Prime raised the bar in the crypto industry by being the first to offer a full suite solution with lending, trading and custody combined with reporting, portfolio and tax management. BitGo Prime provides institutional investors with best-in-class service, increased liquidity, fast execution and competitive aggregate pricing.
The next roundtable in the series will be hosted in Q1 2021 in Asia, followed by Europe in Q2. Please contact capintro@bitgo.com for more information.
About BitGo
BitGo is the leader in digital asset financial services, providing institutional investors with liquidity, custody, and security solutions. In 2020, BitGo launched Prime Trading and Lending, as well as BitGo Portfolio and Tax, providing clients with a full-stack solution for digital assets. In 2018, it launched BitGo Trust Company, the first qualified custodian purpose-built for storing digital assets. BitGo processes over 20% of all global Bitcoin transactions, and supports over 300 coins and tokens. BitGo’s customer base includes the world's largest cryptocurrency exchanges and institutional investors and spans more than 50 countries. BitGo is backed by Goldman Sachs, Craft Ventures, Digital Currency Group, DRW, Galaxy Digital Ventures, Redpoint Ventures, and Valor Equity Partners. For more information, please visit https://bitgo.com.
Disclosures
The information in this press release is not an offer to sell or solicitation of an offer to buy an interest in any investment or for the provision of any investment management or advisory services. Custody services are offered through BitGo Trust Company, a South Dakota chartered trust company. BitGo is not registered with the SEC as an investment advisor or custodian, and does not offer legal, tax, investment, or other advice.
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. Please consult your legal/tax/investment professional for questions about your specific circumstances.
BitGo Trust Company, BitGo Inc., and BitGo Prime LLC are separately operated, wholly-owned subsidiaries of BitGo Holdings, Inc., a Delaware corporation headquartered in Palo Alto, CA.
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Contacts
Michelle Marin
press@bitgo.com