BitGo has expanded its institutional OTC platform to include derivatives trading, announced on January 13, 2026. This strategic move aims to cater to hedge funds and trading firms by offering sophisticated trading strategies while ensuring client collateral is securely held in regulated custody. The expansion is led by Tim Kan, Director of Derivatives Trading, under the leadership of CEO Mike Belshe. The addition of derivatives trading underscores BitGo's commitment to providing comprehensive asset management solutions amid growing institutional interest in digital assets. This development is expected to enhance risk management and strategic growth for institutional clients, potentially influencing regulatory frameworks and market dynamics. BitGo's valuation targets $1.96 billion, highlighting its significant role in the evolving digital asset market.