BitGo Connects Institutional Self-Custody Wallets to Hyperliquid

BitGo now lets eligible institutional self-custody wallet clients trade on Hyperliquid via WalletConnect while keeping existing approval controls.

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NEW YORK--(BUSINESS WIRE)-- BitGo Holdings, Inc. (NYSE: BTGO) (“BitGo”), the digital asset infrastructure company, today announced that eligible clients using BitGo self custody hot wallets can connect their existing wallets to Hyperliquid through WalletConnect. The capability allows eligible BitGo clients to access Hyperliquid perpetual markets without creating a separate wallet or introducing a new approval process for fund transfers.

Following the required one-time activation, clients can place, modify, and close orders on Hyperliquid without providing a new BitGo wallet signature or making a separate onchain gas payment for each order. Hyperliquid trading and other applicable fees may still apply.

“Institutional traders should not have to build a new wallet stack every time they access onchain venue,” said Mike Belshe, CEO and Co-founder of BitGo. “We believe this connectivity gives clients a more efficient way to access Hyperliquid using their existing BitGo self custody wallets, while keeping their established controls over wallet access and fund transfers.”

Deposits and withdrawals that require a BitGo wallet transaction continue to follow the wallet’s configured approval policies, including any multi-user approval requirements. Once funds are available for trading on Hyperliquid, clients can manage orders and positions without returning to BitGo to sign each trading action.

The capability uses WalletConnect to establish a permissioned connection between the client’s BitGo wallet and Hyperliquid without exposing private keys.

This connectivity reflects BitGo’s broader vision to provide the infrastructure institutions need to operate across the digital asset economy. By connecting established wallet controls with a growing range of networks and onchain applications, BitGo is helping clients access digital asset markets through a unified infrastructure platform.

The capability is available now to eligible existing BitGo self custody hot wallet clients. It is not available to clients in the United States, United Kingdom, Canada, or other jurisdictions in which access to leveraged digital asset derivatives is restricted.

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, the first federally chartered digital asset trust bank owned by a publicly traded company. 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 Hyperliquid
Hyperliquid is a blockchain designed to upgrade the existing financial system. Just as electronic trading dramatically improved markets in the 2000s, Hyperliquid offers an opportunity for a massive technical upgrade of the existing financial system through a transparent, open, and performant blockchain.

Hyperliquid is best known for perpetual futures and spot trading, which drives billions in daily volume. HYPE is used to secure the network, pay for network costs, provide trading fee discounts, and more.

Forward-Looking Statement
Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict, that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the highly volatile nature of digital assets, technical issues in connection with the integration of supported digital assets and changes and upgrades to their underlying network, heightened scrutiny of our industry and operations, the theft, loss, or destruction of private keys required to access any digital assets held in custody for our own account or for our clients, errors in executing client transactions or managing our own trading activities, and the other factors discussed in the Company's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the "SEC") on March 27, 2026, and its subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. Such forward-looking statements are based on facts and conditions as they exist at the time such statements are made and predictions as to future facts and conditions. While the Company believes these forward-looking statements are reasonable, readers of this press release are cautioned not to place undue reliance on any forward-looking statements. The information in this release is provided only as of the date of this release, and the Company does not undertake any obligation to update any forward-looking statement relating to matters discussed in this press release, except as may be required by applicable securities laws.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260910412007/en/

Media Contact
press@bitgo.com

Source: BitGo Holdings, Inc.

Key Terms

self custody technical

Holding assets in self custody means an individual or entity keeps direct control of the cryptographic keys or other credentials needed to access and move those assets, rather than entrusting them to a third-party custodian such as an exchange or bank. It matters to investors because it gives direct control and responsibility for security—like keeping cash in your own wallet instead of a safe deposit box—and therefore affects custody risk, access, and liability.

onchain technical

"Onchain" describes activities, transactions, or data that happen directly on a blockchain, which is a digital ledger that records information transparently and securely. For investors, onchain activities provide real-time insights into how assets are moving and how networks are functioning, helping them make more informed decisions. Think of it as watching transactions happen live on a public record, similar to seeing a receipt posted online immediately after a purchase.