BitGo Raises $100 Million Series C Funding At $1.75 Billion Valuation

BitGo, a leading Bitcoin and cryptocurrency custody firm, announced on Wednesday that it has successfully raised $100 million in its Series C financing round, bolstering its valuation to $1.75 billion. The funds will be allocated to amplify BitGo’s secure and regulated custody, wallet, and infrastructure solutions on a global scale and to facilitate strategic acquisitions. “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,” said BitGo CEO Mike Belshe. “We are very pleased to announce our $100M…

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