BitGo and 21shares Accelerate Global ETF Partnership Across Staking and Custody
MWN-AI** Summary
BitGo Holdings, Inc. (NYSE: BTGO) and 21Shares have announced the expansion of their partnership aimed at enhancing staking and custody services across the U.S. and EMEA. 21Shares, recognized as a leading issuer of cryptocurrency exchange-traded products (ETPs) with approximately $5.7 billion in assets under management, seeks to leverage BitGo's robust infrastructure to support its growing range of digital asset products.
This collaboration focuses on providing institutional-grade security and operational resilience, with BitGo offering comprehensive services that include custodial support, deep trading capabilities, and integrated staking across global markets. The partnership comes at a time when demand for regulated crypto exposure is surging, particularly in critical regions like the U.S. and Europe. BitGo’s platform is designed to deliver competitive staking rewards and enhanced liquidity, enabling 21Shares to optimize its digital asset operations effectively.
Both companies underscore their commitment to regulatory compliance and safety. BitGo recently received approval from the Office of the Comptroller of the Currency to operate as a federally chartered trust bank for digital assets, further solidifying its capability to serve institutional clients with regulatory alignment. This strategic move complements BitGo's existing Markets in Crypto-Assets Regulation license from BaFin, enhancing its offerings within the European Union.
Adam Sporn from BitGo expressed enthusiasm for the partnership's expansion, noting 21Shares' significant role as a global digital asset manager. Andres Valencia from 21Shares highlighted the firm's dedication to using BitGo’s framework for robust risk management across their electronic traded products. This collaboration reflects a broader trend of increasing institutional adoption of digital assets, positioning both firms for future growth in the evolving financial landscape.
MWN-AI** Analysis
The strategic partnership between BitGo Holdings, Inc. (NYSE: BTGO) and 21shares highlights a pivotal shift in the digital asset landscape, especially regarding institutional adoption and the expansion of cryptocurrency exchange-traded products (ETPs). As 21shares continues to grow its offerings and capture significant assets under management (AUM) of $5.7 billion, its reliance on BitGo’s robust infrastructure for custody and staking services is a strong testament to the increasing demand for secure, regulated digital asset exposure.
Investors looking at these developments should consider several key factors. First, BitGo's recent regulatory advancements, including its conversion to a federally chartered trust bank and the endorsement from the OCC, not only enhance its credibility but also reinforce investor confidence in its offerings. This positions BitGo favorably against competitors that may lack such regulatory compliance. With institutions increasingly seeking assurance in custodian services, this partnership stands to attract significant institutional investments, thus increasing liquidity and market stability.
21shares, on the other hand, has positioned itself as a leader in democratizing cryptocurrency investing. Its focus on providing institutional-grade products makes it attractive for both retail and institutional investors looking to gain exposure to digital assets through regulated frameworks. The collaboration promises to enhance staking opportunities, offering competitive rewards which can appeal to yield-seeking investors.
For prospective investors, keeping an eye on the performance of BitGo’s technology and 21shares’ product expansion will be crucial. As the regulatory environment evolves and adoption accelerates, investments in companies like BitGo and 21shares seem to be aligned with broader trends favoring the integration of digital assets in traditional finance. Therefore, a long-term perspective may yield significant returns as these entities capitalize on emerging opportunities in the crypto ecosystem.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
BitGo Holdings, Inc. (NYSE: BTGO), the digital asset infrastructure company, and 21shares, one of the world’s largest issuers of cryptocurrency exchange traded products (ETPs), today announced a significant expansion of their partnership across the United States and EMEA. Building on their existing collaboration, the firms have agreed to deepen their partnership across staking and custody services to support 21shares’ growing suite of crypto ETP products, serving investors across the US and Europe.
21shares is one of the leading issuers of digital asset investment products with a broad global footprint and an AUM of $5.7bn 1 . The firm’s disciplined approach to product development, along with its commitment to institutional-grade operations and its expanding ETF and ETP platform, positions 21shares as a strategic partner of BitGo as demand for regulated crypto exposure continues to grow in key markets around the world.
BitGo provides the infrastructure required to support 21shares’ expanding platform with ease through its security, deep trading and execution capabilities, integrated staking services and a globally distributed team dedicated to supporting institutional clients. Through BitGo’s platform, 21shares has access to deep liquidity, better execution across electronic and OTC markets, plus competitive staking rewards to support efficient digital asset operations. All services are delivered within BitGo’s regulated and insured qualified custody framework, providing institutional-grade protection that many infrastructure providers in the digital asset industry are unable to offer.
“21shares is one of the leading digital asset managers globally and we’ve valued our partnership from the outset,” said Adam Sporn, Head of Prime Brokerage and Institutional Sales at BitGo. “We’re excited to expand our relationship across their growing suite of U.S. ETF products and global ETPs across staking and custody. As 21shares continues to scale its business worldwide, we look forward to supporting their future initiatives with a shared long-term vision.”
“21shares prides itself on providing a custody framework designed to support institutional digital asset operations and risk management across its global lineup of ETPs,” said Andres Valencia, Head of Investment Management at 21shares. “BitGo was selected due to the firm’s track record in regulatory compliance, safety and security, and we are thrilled to be expanding our relationship across staking and custody services with this important and trusted partner. BitGo’s infrastructure supports our continued growth while maintaining the highest standards of security and governance.”
This expansion follows continued momentum at BitGo, including receiving approval from the Office of the Comptroller of the Currency (OCC) to convert its subsidiary, BitGo Bank & Trust, to a federally chartered trust bank for digital assets and its recent IPO on the New York Stock Exchange, further enhancing BitGo’s ability to serve institutional partners with strong governance, regulatory alignment, and operational resilience. These milestones also build upon BitGo’s existing Markets in Crypto-Assets Regulation (MiCAR) License from the Federal Financial Supervisory Authority (BaFin) to provide regulated services across the European Union. These regulatory approvals and licenses apply to BitGo’s entities and services and do not constitute approval or endorsement of any ETF, ETP, or investment product.
Both firms emphasized a shared commitment to partnership-led growth with ongoing collaboration across operations, product development, and global market support as institutional adoption of digital assets markets continues to dramatically accelerate.
____________________ |
1 As of February 10, 2026
About BitGo
BitGo (NYSE: BTGO) is the digital asset infrastructure company delivering custody, wallets, staking, trading, financing, stablecoins, and settlement services from regulated cold storage. Since 2013, BitGo has focused on accelerating the transition of the financial system to a digital asset economy. BitGo maintains a global presence and multiple regulated entities, including BitGo Bank & Trust, National Association, a federally chartered digital asset bank. Today, BitGo serves thousands of institutions, including many of the industry's top brands, financial institutions, exchanges, and platforms, and millions of investors worldwide. For more information, visit www.bitgo.com .
About 21shares
21shares is one of the world’s leading cryptocurrency exchange traded product (ETP) providers and offers one of the largest suites of crypto ETPs in the market. The company was founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance. 21shares listed the world’s first physically-backed crypto ETP in 2018, building a seven-year track record of creating crypto ETPs that are listed on some of the biggest, most liquid securities exchanges globally. Backed by a specialized research team, proprietary technology, and deep capital markets expertise, 21shares delivers innovative, simple and cost-efficient investment solutions.
21shares is a subsidiary of FalconX, one of the world's largest digital asset prime brokers. 21shares maintains independent operations from FalconX while strategically leveraging the resources and reach of FalconX to accelerate its mission and unlock new growth. For more information, please visit www.21shares.com .
Forward Looking Statements
This press release contains forward-looking statements. Forward-looking statements include all statements that are not historical facts. These statements may include words such as “aim,” “anticipate,” “assume,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “forecast,” “foreseeable,” “guidance,” “intend,” “likely,” “may,” “objectives,” “outlook,” “plan,” “potentially,” “predict,” “project,” “seek,” “should,” “target,” “will,” “would,” or variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors include but are not limited to those described under “Risk Factors” in BitGo’s registration statement on Form S-1, as amended, relating to the initial public offering. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in the registration statement. Although BitGo believes that the expectations reflected in its forward-looking statements are reasonable, it cannot guarantee future results. BitGo undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260212545546/en/
FAQ**
How does BitGo Holdings Inc. Class A BTGO's regulatory compliance enhance its partnership with 21shares in the evolving cryptocurrency ETP market?
What unique capabilities does BitGo Holdings Inc. Class A BTGO offer to 21shares in terms of staking and custody services to support their global expansion?
In what ways can BitGo Holdings Inc. Class A BTGO capitalize on the increasing institutional demand for crypto ETPs as outlined in the recent partnership with 21shares?
How does BitGo Holdings Inc. Class A BTGO plan to leverage its conversion to a federally chartered trust bank to benefit its collaboration with 21shares moving forward?
**MWN-AI FAQ is based on asking OpenAI questions about BitGo Holdings Inc. Class A (NYSE: BTGO).
NASDAQ: BTGO
BTGO Trading
-2.46% G/L:
$11.68 Last:
345,827 Volume:
$12 Open:



