BitGo expands Link to 10 trading platforms with five new additions
Key Facts
BitGo announced on November 10, 2026, that it had expanded its Link network to include 10 digital asset trading platform brands, adding Binance, Bybit, OKX, Deribit and Bitstamp. The company said the five additions bring the number of supported platforms to 10. The network also includes Coinbase Exchange, Kraken, Crypto.com, Gate and Bitget. The service allows eligible BitGo institutional clients to connect their accounts on supported platforms through BitGo’s platform. The expansion broadens the range of accounts that can be monitored and used for transfers through Link.
Link displays asset balances across BitGo wallets and connected trading platform accounts, and lets users initiate and track transfers. Supported transfers include those between BitGo wallets and connected trading accounts, as well as between supported master and sub-accounts. Transfers initiated through Link are subject to BitGo’s policy engine, user permissions and approval requirements. But account permissions and controls within a trading platform remain managed by that platform. BitGo said account controls on each platform “remain subject to that platform.”
BitGo launched Link on August 3, 2026, as a centralized control layer connecting institutional clients’ trading platform accounts directly to the company’s platform. The new additions extend a plan BitGo announced at the service’s launch to expand its connectivity to other platforms. The company said at the time that it expected to add trading platforms and treasury workflows over time. The design combines balance visibility and transfer tracking with BitGo’s controls over funds moving through the service. Account permissions within a trading platform, the company said, remain the responsibility of its operator.
Link’s expansion comes as BitGo’s third-quarter 2026 results showed normalized assets on platform rising to 59.9 billion dollars, up 31.9% year over year. Normalized staked assets totaled 10.5 billion dollars, up 41.1% year over year. The company uses current-quarter median digital asset prices to calculate normalized assets, aiming to limit the impact of price volatility. By contrast, reported assets on platform fell to 59.9 billion dollars from 65.2 billion in the second quarter. BitGo attributed the decline mainly to lower median digital asset prices used in the calculation.
BitGo reported 6,640 clients in the third quarter, up 33.1% year over year and 13.8% quarter over quarter. The company said the quarterly increase did not reflect new clients resulting from an acquisition or asset flows. Revenue in the same period was 2,851.9 million dollars, down 34.1% from the previous quarter and 50.9% from a year earlier. The company attributed the revenue decline mainly to weaker digital asset sales activity amid a soft cryptocurrency trading market. Digital asset sales revenue was 2,720.0 million dollars, with a contribution margin of 15 basis points.
BitGo said weaker trading activity and a higher share of lower-margin stablecoin transactions weighed on digital asset sales performance. The company posted net income of 44.1 million dollars in the third quarter, compared with a net loss of 19.0 million dollars in the second quarter. It attributed the improvement mainly to an unrealized gain of 71.5 million dollars in its digital asset treasury. It also repurchased 24.7 million dollars of common stock during the quarter under a 50 million dollar share repurchase authorization. These indicators show a divergence between growth in normalized assets and a decline in trading-related revenue.
Link’s expansion is part of BitGo’s broader effort to extend its institutional trading, financing and settlement services. On November 4, the company announced the launch of Global Markets after acquiring NYDIG’s institutional trading business. The unit brings together liquidity, execution, financing, derivatives and settlement, with services including spot and over-the-counter block trade execution, digital asset-backed financing and collateral management. It also includes derivatives and structured solutions, asset management and research. At Link’s launch, BitGo said it expected to expand the service to additional platforms and treasury workflows over time.
BitGo listed the Cantor Convergence Conference on November 10 and the KBW FinTech Ecosystem Conference on November 11 among its events. The Link expansion announcement comes amid the company’s broader growth in institutional services, while the additions specified in this announcement remain five new brands. The service focuses on bringing balance visibility across BitGo wallets and linked trading accounts. It also allows users to initiate and track transfers while applying BitGo’s controls to transactions routed through it. The company did not specify when it would add other platforms or treasury workflows.