2 days ago
Crypto Firm BitGo's Assets in Custody Jump to Top $100 Billion
Crypto custody firm BitGo Inc. has seen its assets under custody soar from $60 billion to $100 billion in the first half of 2025, Abel Seow, managing director for Asia-Pacific at the firm said in an interview.
The jump is driven by rising crypto adoption flowing from greater regulatory clarity globally, Seow said. Of the total assets looked after by the firm, half are tied to staking — a process that involves investors pledging cryptocurrencies to help validate transactions on blockchains, which in turn helps them earn more tokens.