Brett Reeves brings over two
decades of experience in traditional finance to BitGo, including
executive roles at Citibank, Nomura, and Standard Chartered
Bank.
- BitGo Europe is one of the few digital asset companies with a
BaFin license in Germany to offer
regulated custody services.
- With MiCA European regulations due to take effect this year,
BitGo is looking to extend our best-in-class custody solutions
across Europe.
- With a decade in the crypto industry, BitGo
continues to provide the gold standard in custody and wallet
solutions by expanding into staking, tokenisation services,
real-time settlement and support for over 800 digital assets on its
platform.
PALO
ALTO, Calif., May 3, 2024
/PRNewswire-PRWeb/ -- BitGo, the leading custody and wallet
solutions provider for digital assets, hires Brett Reeves for BitGo's expansion in
Europe. Brett brings 20+ years of
experience in traditional finance to BitGo, including work for
various global investment banks within their Prime Brokerage and
OTC Clearing sales teams. These included roles in London for Citibank and Nomura and more
recently Standard Chartered Bank in Singapore where he spent eight years building
their nascent FX and Interest Rates Prime Brokerage platform
throughout the Middle East and
Asia.
"Building regulated custody across multiple
jurisdictions is an incredibly difficult and necessary feat. BitGo
has set the strongest foundation and now we are extending regulated
custody with a complete institutional-grade solution that includes
financing, staking, and real-time settlement."
Most recently, Brett served as Head of Business Development at
Bequant, a regulated digital asset Prime Broker. Brett was
responsible for driving global revenue growth and strategic
relationship management with leading providers in the digital asset
ecosystem.
BitGo Chief Revenue Officer, Mark
Azad shared, "We're pleased to welcome Brett Reeves to our team to lead expansion
throughout Europe. Brett brings a
wealth of experience working in traditional finance to BitGo, all
of which support our commitment to growth globally."
Brett expressed, "I'm delighted to be joining BitGo, a pioneer
in digital assets. Building regulated custody across multiple
jurisdictions is an incredibly difficult and necessary feat. BitGo
has set the strongest foundation and now we are extending regulated
custody with a complete institutional-grade solution that includes
financing, staking, OTC trading, collateral management and secure
real-time settlement, not to mention tokenisation solutions,
ventures and so much more!"
The appointment follows several recent product launches and
milestones that have contributed to BitGo's momentum,
including:
- BitGo Europe received BaFin license to offer best-in-class
crypto custodian services to clients in Germany and the European Union.
- BitGo launched Go Network to enable institutions to trade and
settle digital assets 24/7 from secure, qualified custody.
- BitGo secured a $100M Series C at
a $1.75B valuation.
- BitGo recently added support for 14 more assets including ARB,
BlackRock USD Institutional Digital Liquidity Fund (BUIDL), $BONK,
and dogwifhat (WIF).
About BitGo
BitGo provides the most secure and scalable wallet solutions for
the digital asset economy, offering regulated custody, staking and
trading, and core infrastructure to investors and builders
alike.
Founded in 2013, BitGo pioneered the multi-signature wallet and
is the first digital asset company to focus exclusively on serving
institutional clients. In 2018, it launched BitGo Trust Company,
the first qualified custodian purpose-built for storing digital
assets and established BitGo New York Trust in 2021. In 2022, BitGo
launched institutional-grade staking, DeFi, NFT and
Web3 services. BitGo secures approximately 20% of all on-chain
Bitcoin transactions by value and supports more than
800 digital assets within its platform. In addition, BitGo plays a
key role in the market via BitGo Trust, with regulated custodial
entities in the United States and
Europe. BitGo provides the
security and operational backbone for more than 1500 institutional
clients in 50 countries, including many regulated entities and the
world's top cryptocurrency exchanges and platforms.
BitGo is backed by Goldman Sachs, Craft Ventures, DRW, Galaxy
Digital Ventures, Redpoint Ventures, and Valor Equity Partners. For
more information, please visit http://www.bitgo.com
Media Contact
Sarah Cohen, BitGo, (310)
260-7901, sarah@melrosepr.com, https://www.bitgo.com/
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SOURCE BitGo