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BitGo Adds IOTA Mainnet to Regulated Custody Platform

Insurance-backed custody under U.S. oversight creates a straightforward route for institutions to access IOTA.

Overview

  • IOTA tokens are now supported on BitGo’s platform, enabling custody, wallets, settlement and trading starting in the first week of December.
  • BitGo operates under the South Dakota Division of Banking and provides insurance coverage up to $250 million for key theft, loss or misuse.
  • Exchanges that use BitGo for backend custody and settlement can integrate IOTA, with market makers gaining new operational flexibility.
  • Institutions can access block trades through BitGo’s OTC desk, and leverage lending, borrowing and programmable-money tools tied to IOTA.
  • Support taps BitGo’s scale of more than 1,550 assets and over 4,900 institutional clients, expanding IOTA’s visibility as the project marks its 10th anniversary.