Exchanges· ★★★· neutral·

BitGo targets prime brokerage as its main revenue engine

  • —Belshe outlined the plan in Singapore on October 6, 2026
  • —BitGo Prime and Go Network handle trading, financing and 24/7 DvP settlement
  • —BitGo acquired NYDIG's institutional trading unit in August 2026
  • —Cumulative cleared volume with Crossover Markets passed $2 billion by September 2026
Why it matters: BitGo is applying the bank playbook to digital assets, but leaning on prime services trades custody stability for credit risk.
Source: Crypto Briefing