Brief
Federally chartered digital asset custodian. $65.2B Assets on Platform (Q2 2026), first crypto custody firm to IPO (NYSE: BTGO). Stablecoin-as-a-Service platform powering USD1, SoFiUSD. Custodies BUIDL, Canton assets.
Primary sources
Checks cover the claims listed below. Other details may still need review.
- BitGo: YLDS qualified custody (opens in a new tab)
Checked
- BitGo Bank & Trust added qualified custody for Figure Certificate Company's YLDS. YLDS is an SEC-registered, yield-bearing debt security, not a payment stablecoin; registration is not SEC approval.
- BitGo: planned Morpho vault offering (opens in a new tab)
Checked
- BitGo announced plans for institutional DeFi vault access with Morpho among its launch partners. The model separates assets deployed into third-party protocols from the vault receipt tokens held in BitGo custody.
- Concrete and BitGo: institutional vault partnership (opens in a new tab)
Checked
- Concrete and BitGo announced an institutional vault partnership. The planned model keeps underlying assets in BitGo custody while synthetic representations enter Concrete strategies; those strategies carry protocol, liquidity and loss risks.
Recent activity
Latest moves on the changelog feed.
- Jun 29, 2026WIRED
BitGo Bank & Trust added qualified custody for Figure Certificate Company's YLDS. YLDS is an SEC-registered, yield-bearing debt security, not a payment stablecoin; registration is not SEC approval.
- Jun 22, 2026WIRED
BitGo announced plans for institutional DeFi vault access with Morpho among its launch partners. The model separates assets deployed into third-party protocols from the vault receipt tokens held in BitGo custody.
Snapshot
Key terms and identifiers.
- Asset value
- $104B
- Spec type
- custodian
- Charter
- OCC trust bank
- Specialty
- Digital-asset native
- Notable clients
- BUIDL, USD1, SoFiUSD, Canton assets
- Founded
- 2013
- Asset classes
- Treasuries, Private credit, Equities, Commodities
- Regulatory
- sec-reg-d, sab-121
Milestones
How this player got here.
- Jun 2026BitGo added qualified custody for Figure Certificate Company's YLDS
- Jun 2026Announced planned Morpho vault access with receipt-token custody
- Jun 2026Announced BitGo custody and Concrete institutional vault partnership
Connections
Who they build with, build on, integrate with.
Dependency
Where this player builds on, integrates, or relies on others.
- EthereumBuilds onPrimary chain
- World Liberty FinancialIntegratesStablecoin infrastructure for WLFI
- Canton NetworkBuilds on
- PrividiumBuilds on
- SecuritizeIntegratesQualified custodian
- Fidelity InvestmentsIntegratesFidelity manages USD1 reserves
- MorphoIntegratesPlanned vault access and receipt-token custody
- ConcreteIntegratesPlanned custody-backed vault strategies
