encryptionaccompliceBitGo's asset size has soared to $100 billion for company.

Gate News bot news, according to Bloomberg, Abel Seow, Managing Director of BitGo Inc. in the Asia-Pacific region, stated in an interview that the assets under management have surged from $600 billion to $1 trillion in the first half of 2025.

Seow said the growth is due to increased global regulatory transparency and rising adoption of Crypto Assets. Half of the total assets managed by the company are linked to collateral.

BitGo was founded in 2013 and is one of the largest Cryptocurrencyaccomplice management institutions in the United States. The company also allows clients to trade, borrow, and lend digital assets. In 2023, the company raised $100 million, valuing it at $1.75 billion. According to a statement in April 2024, the company's past supporters include Goldman Sachs Group Inc., DRW Holdings, Redpoint Ventures, and Valor Equity Partners.

According to a previous report by Bloomberg, BitGo is considering conducting its first initial public offering IPO as early as the second half of this year. If the IPO is successful, BitGo will join the ranks of many Cryptocurrency companies planning to go public. Former U.S. President Donald Trump had strongly supported the Cryptocurrency industry before. Since returning to the White House, Trump has appointed friendly regulatory agencies, promoted specific stablecoin legislation, and launched his own Cryptocurrency project.

Bitgo has been expanding overseas in the past year. Korean companies Hana Financial Group and SK Telecom Co. acquired shares of BitGo Korea in September 2024. Seow stated that the joint venture is progressing well and added that the company went live in Dubai in early 2025.

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Yutian668vip
· 06-25 05:17
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