BitGo Raised $100M Series C Round at $1.75Bn Valuation
Custodian BitGo announced $100M Series C financing from outside strategic investors with a valuation of $1.75B. The funds will be deployed to make strategic acquisitions and expand its secure and regulated custody, wallet, and infrastructure solutions globally.
- "We are very pleased to announce our $100M Series C for the purpose of meeting this growing need and to provide institutions, brands, coin foundations, and others with secure and seamless participation in the digital asset ecosystem."
"Not only are we seeing growing demand for regulated custody solutions in the US, but we're also seeing the demand on a global scale. We are very pleased to announce our $100M Series C for the purpose of meeting this growing need and to provide institutions, brands, coin foundations, and others with secure and seamless participation in the digital asset ecosystem," said CEO Mike Belshe.
