BitGo's Go Network processed over $2 billion in notional volume through CROSSx trading.
The Go Network separates execution, custody, and clearing functions for institutional clients.
Institutional clients trade on CROSSx without holding assets directly on exchange platforms.

BitGo's Go Network has processed over $2 billion in notional volume through CROSSx trading, according to a recent announcement from the BitGo account. The substantial volume reflects institutional demand for trading solutions that separate execution, custody, and settlement functions. This model mirrors traditional finance systems and allows clients to trade on CROSSx without holding assets directly on exchange platforms.

BitGo Go Network Separates Execution and Custody Functions

The Go Network operates by separating three core functions: execution, custody, and clearing. Clients trade on the CROSSx platform without needing to hold assets directly on the exchange. BitGo, as a digital asset custody provider, maintains custody of institutional assets while facilitating trades through its network. This structure replicates traditional finance systems where custody and execution remain separate.

Institutional Clients Process $2B Through CROSSx Platform

Institutional clients have cleared and settled over $2 billion in notional volume on CROSSx through BitGo's Go Network. BitGo specializes in institutional crypto trading solutions and provides regulatory-compliant custody services. The company positions its Go Network to support efficient trading and settlement processes for institutional participants. The trading model enhances operational efficiencies by allowing institutions to manage assets without holding them on exchange platforms.

FAQ

What volume has BitGo's Go Network processed on CROSSx?
BitGo's Go Network has processed over $2 billion in notional volume through CROSSx trading, as confirmed by the company's recent announcement.

How does BitGo's Go Network trading model work?
The Go Network separates execution, custody, and clearing functions. Clients trade on CROSSx without holding assets directly on the exchange, while BitGo maintains custody. This structure mirrors traditional finance systems where custody and execution remain separate.

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