BitGo Link unifies institutional exchange accounts

• BitGo launched BitGo Link, giving institutions one interface for custody and connected exchange accounts.
• BTGO traded near US$5.06 on 3 August, about 4.1% above its previous US$4.86 close.
• BitGo said it plans to connect Link with more exchanges and treasury processes, but provided no rollout timetable.

BitGo launched BitGo Link on 3 August, centralising institutional assets held across its custody platform and connected exchanges.

Link lets trading teams view buying power, move funds and manage permissions without separately signing into each connected exchange.

Every Link transfer passes through BitGo’s Policy Engine, allowing institutions to apply approval requirements and role-based controls to external accounts.

BTGO traded near US$5.06 on 3 August, up about 4.1% from US$4.86, though the source did not link the gain directly to Link.

BitGo reported first-quarter revenue of US$3.77 billion, while its net loss widened from US$25.7 million to US$60.7 million.

The company cut nearly 15% of its workforce in June and will report second-quarter results on 12 August.