BitGo launches global OTC trading desk amid institutional demand

The Crypto Bitgo Carer Company has announced the launch of an over -the -counter Crypto trading office which will include the spot and derivative trading, among other products.

The OTC commercial office in Bitgo will provide an environment where institutional investors can exchange points and options, as well as loan services, generation of elements and childcare services. The company will offer more than 250 assets.

Crypto-based the United States was revealed in a blog That the over-the-counter office launched after having operated in stealth mode since the beginning of 2024. During this period, the platform recorded billions of negotiation volumes and a loan book which exceeded $ 150 million.

With the upward institutional demand, Bitgo plans to offer the services and products of its on -the -counter office to customers around the world. The office will be available for customers in all the main time zones.

Matt Ballensweig, former executive of Genesis and Bridgewater, and Stefan von Haenisch, previously to the OSL group, led the office, said the company.

“Having seen many market cycles and understand what works and what does not work, we have quietly built an institutional trading office of institutional cryptography and now we are convinced that we offer what other brokers cannot”, Ballensweig, managing director and trading manager, noted.

The Bitgo en OTC commercial office is launched among the reports according to which the company plans a first public offer.

The company, founded in 2013, has expanded its digital asset childcare service to more than 2,000 institutional customers. Its services are available in 90 countries. In December 2024, the company revealed A new platform focused on retail.