BitGo valued at $1.75b after $100m funding round

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Palo Alto-based security infrastructure and custodian firm, BitGo, secured a $100 million Series C funding round. This put the company at a $1.75 billion valuation. According to the press release, despite the regulatory differences, BitGo is already regulated in 50 countries. The US-based firm, founded in 2013, witnessed its clients rise by 60% in 2023 while its assets under custody (AUC) grew by 20%.  Moreover, BitGo’s staked assets also rose 40 times. The digital asset…