Mike Belshe News
25.09 / 09:45
Provident
security
WBTC
BitGo
Bitcoin
recommendations
Features
Sky Reconsiders Offboarding Wrapped Bitcoin as Collateral After BA Labs’ Recommendation
Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...
12.08 / 08:05
UPS
SUN
WBTC
community
BitGo
Bitcoin
BitGo to Transfer Control of WBTC, Justin Sun Says Involvement Strategic
Crypto custody platform Bitgo is planning to move the wrapped bitcoin (WBTC) product to its joint venture with Hong Kong-based BiT Global which is triggering a backlash due to Justin Sun’s involvement.
13.07 / 09:17
Blockchain
Ripple
CEO
innovations
Features
Headlines
Korea Blockchain Week Names Sui the Official Conference Partner, Announces New Headline Speakers
Aptos Foundation and Tron are the Title sponsors while Orbs, Flare Network, and Ripple have been named Gold sponsors
08.02 / 00:25
Provident
CEO
Platform
security
BitGo
Crypto custodian BitGo moves into private securities with Brassica acquisition
The deal means BitGo will offer a single platform to service both traditional private securities and blockchain-based assets globally, allowing for the tokenisation of real world assets.The crypto firm - which was valued at $1.75 billion in a 2023 funding round - gets a technology stack including multi-asset custody, advanced capital formation solutions and streamlined record-keeping and transfer agent services.Mike Belshe, CEO, BitGo, says: "We currently have a dichotomy in financial services - one side deals with traditional securities and the other deals with up-and-coming blockchain-based assets and cryptocurrencies.
20.11 / 21:48
Bitcoin Etf
Crypto Adoption
Institutional Adoption
BTC ETF
TradFi
$100 Billion in TradFi Capital Awaits Imminent Bitcoin ETF Green Light, Says Bloomberg Analysts
A spot Bitcoin exchange-traded fund (ETF) could rapidly become a $100 billion market, according to new projections by analysts at Bloomberg Intelligence. This prediction comes as Wall Street waits in anticipation for the SEC to finally approve the first Bitcoin ETF in the US.
19.11 / 20:25
markets
Altcoin
solana
Price Analysis
Bitcoin
Bitcoin Price
SOL, LINK, NEAR and THETA flash bullish as Bitcoin takes a breather
Bitcoin (BTC) has been consolidating above $35,000 for several days, but the bulls have failed to resume the uptrend above $38,000. This suggests hesitation to buy at higher levels. BitGo CEO Mike Belshe said in a recent interview with Bloomberg that there is likely to be another round of rejections of the spot Bitcoin exchange-traded fund applications before they are finally approved.
19.11 / 02:13
ETF
regulation
SEC
Bloomberg
BitGo
Bitcoin
Bitcoin ETF approval nearing, but brace for more setbacks: BitGo CEO
Mike Belshe, CEO of cryptocurrency exchange BitGo, has suggested that all indications are leaning towards a favorable outcome for a spot Bitcoin (BTC) exchange-traded fund (ETF). However, he emphasized that the journey ahead won't be without challenges.
17.11 / 18:05
Ethereum
ETF
SEC
CEO
BlackRock
BitGo
Bitcoin
spot ETF
Another Round of Bitcoin Spot ETF Rejections Likely: BitGo CEO
The general belief amongst market experts is that a Bitcoin spot exchange-traded fund (ETF) approval is on the horizon following Grayscale’s significant legal victory against the SEC.
05.09 / 10:35
business
BitGo
Bitcoin
South Korean Hana Bank enters crypto custody business with BitGo
One of the largest South Korean banks, KEB Hana Bank, is moving to offer digital asset custody services through a new partnership with major cryptocurrency custody firm BitGo Trust Company.
05.09 / 09:53
Blockchain
Provident
Digital
Platform
BitGo
country
services
South Korea’s Hana Bank Partners with BitGo to Provide Digital Asset Custody Services
South Korean financial giant KEB Hana Bank has entered into a strategic business agreement with California-based crypto custody and security platform BitGo to offer digital asset custody (DAC) services to its clients starting next year.
17.08 / 13:21
UPS
Provident
Digital
CEO
Platform
Investment
BitGo
valuation
BitGo Crypto Custodian Secures $100 Million in Funding, Valuation Reaches $1.75 Billion
Crypto custody provider BitGo has raised $100 million in a Series C funding round to reach a valuation of $1.75 billion, the firm announced on Wednesday.
16.08 / 13:15
business
Funding
BitGo
Bitcoin
BitGo raises $100M after losing lawsuit against Galaxy
Cryptocurrency custody platform BitGo has raised fresh capital after facing a series of terminated deals involving firms like Michael Novogratz’s Galaxy Digital.
27.06 / 17:45
coinbase
BitGo
Deal
Despite Abandoning Prime Trust Deal, BitGo Eyes Other Acquisitions
After abandoning the Prime Trust deal, BitGo CEO Mike Belshe has said that there are several other acquisitions in the pipeline.
10.03 / 01:25
regulation
SEC
FTX
Congress
BitGo
bitcoin etfs
Investors might have avoided FTX if the SEC had addressed Bitcoin ETFs, says BitGo CEO
The collapse of crypto exchange FTX and other bearish events in the space were at the center of discussions among lawmakers and witnesses at the inaugural hearing of the United States House Committee on Financial Services’ Subcommittee on Digital Assets, Financial Technology and Inclusion.
09.03 / 22:05
regulation
Congress
House Republicans
House Republicans directly criticize Biden administration for digital asset policies
Statements from Republican lawmakers ahead of the inaugural hearing of the United States House of Representatives subcommittee focused on digital assets, financial technology and inclusion suggest partisan divides on crypto regulation.
15.12 / 09:17
business
Ethereum
regulation
Bitcoin
Alameda tried to redeem 3,000 wBTC days before bankruptcy: BitGo CEO
Mike Belshe, the CEO of digital asset custodian BitGo has confirmed that Alameda Research attempted to redeem 3,000 Wrapped Bitcoin (wBTC) in the days before FTX’s bankruptcy filing on Nov. 11.
02.11 / 16:19
business
Government
interview
‘DeFi will replace institutions entirely,’ says BitGo CEO Mike Belshe
The global decentralized finance (DeFi) market size was valued at $11.78 billion in 2021. This number is expected to increase as DeFi advances, yet it is still in its infancy. Therefore, a number of banks and traditional financial institutions still tend to be unaware of DeFi’s potential.
information about Mike Belshe
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