Bitgo Holdings (BTGO) Canaccord Genuity 6th Annual Digital Assets Virtual Symposium summary

Key company developments and strategy

• Expanded from secure wallet and custody solutions to a full suite of prime brokerage services, including trading, lending, and staking for institutions.

• Built a global custodial footprint with seven regulated entities across the US, Europe, Asia, and the Middle East, recently upgrading to an OCC federal bank charter.

• Offers infrastructure-as-a-service, including stablecoin and crypto solutions, with large API libraries for rapid client integration.

• Business model emphasizes recurring revenue from custody and infrastructure, with variable revenue from trading and lending.

• Recently completed an IPO and trades under the ticker BTGO.

Technology and security approach

• Pioneered multi-signature and MPC protocols for digital asset security, with a focus on eliminating single points of failure.

• Utilizes Class 3 bank-grade physical vaults, geographically distributed, with layered security and decoy systems.

• Insurance coverage includes a $250 million shared policy, with clients able to purchase additional coverage up to $700 million.

• Asset partitioning and wallet rebalancing strategies minimize correlated loss risk and optimize insurance costs.

• Cold storage is combined with mechanisms for rapid access to funds, balancing security and liquidity.

Service offerings and market positioning

• Prime brokerage services include trading, lending, and staking, with conservative collateralization (150-200%) and real-time monitoring.

• Trading platform connects to all major global exchanges and liquidity providers, delivering best execution and price transparency.

• Staking services leverage a network of over 40 providers, supporting decentralization and yield generation for clients.

• Stablecoin-as-a-service supports institutional clients, with recent launches such as SoFiUSD and USD1.

• Crypto-as-a-service and API-driven solutions enable clients to build their own digital asset products on top of the infrastructure.