BitGo has broadened its offerings by announcing the launch of an over-the-counter (OTC) trading desk on Tuesday, specifically aimed at institutional cryptocurrency trading.
Interestingly, BitGo disclosed that the OTC desk has been operating in stealth mode since early 2024, during which it has already facilitated “billions in trading volume” and established a lending portfolio exceeding $150 million.
The OTC desk provides 24/7 service and features more than 250 digital assets. It also offers trading options in both spot and derivative instruments, in addition to lending services and yield-generating products.