August 5, 2026 -
Spotex, the institutional trading venue for FX, precious metals and digital assets,
today announced an integration with
BitGo Holdings, Inc. ("BitGo") (NYSE: BTGO), the digital asset
infrastructure company, to provide eligible institutional clients a more secure and capital-efficient way to access
institutional digital asset liquidity through the Spotex ECN while keeping assets in regulated custody.
The integration connects Spotex's institutional execution infrastructure with BitGo's Go Network settlement and clearing solution.
Through Go Network, clients can allocate assets held in regulated BitGo custody for trading on Spotex while the underlying assets
remain with BitGo throughout the trading lifecycle. This is designed to reduce the need to pre-fund trading venues,
improves capital efficiency, and help minimize counterparty risk.
Spotex operates solely as the execution venue and does not act as principal to transactions executed through its ECN.
BitGo's applicable entities provide the client's custody, prime services, and settlement arrangements under the relevant
agreements, including acting as a clearing and settlement broker and facilitating post-trade settlement between client
and liquidity providers.
For Spotex, the integration expands connectivity to BitGo's institutional ecosystem and strengthens its offering to
brokers, hedge funds, and asset managers seeking institutional-grade execution alongside regulated custody. For BitGo,
the integration adds another source of liquidity to its growing network of partner venues. Clients can access Spotex
through the same platform they use for regulated custody, trading, financing, collateral management, and settlement,
simplifying operations as they trade across an increasingly fragmented market.
BitGo is the first digital asset custodian to go live with Spotex as the venue expands its network of infrastructure
providers available to its clients. The arrangement is non-exclusive, reflecting Spotex's technology and custodian-agnostic approach.
Joe Tuccio, Head of Digital Assets at Spotex, said: "Having BitGo, one of the world's largest specialist institutional
custodians, as our first live digital asset custodian brings huge credibility to Spotex as we build out our digital
asset offering and strengthen asset protection for our clients. BitGo serves institutional clients in more than 100 countries
and shares our commitment to providing trusted, reliable, 24/7 institutional services."
"By combining BitGo's digital prime brokerage, custody and settlement capabilities with Spotex's institutional
liquidity and execution infrastructure, we believe we can provide clients with a more secure and capital-efficient way
to trade digital assets. The partnership creates significant opportunities for both firms as institutional
participation in digital asset markets continues to grow."
Adam Sporn, Head of Prime Brokerage and U.S. Institutional Sales at BitGo said: "We believe that institutions want
greater choice in execution without adding unnecessary complexity across custody, credit, and settlement. Spotex brings
established electronic trading and connectivity across traditional and digital asset markets. Through this integration,
eligible clients can access Spotex while keeping assets within regulated custody and maintaining the operational controls
required for institutional trading."
The announcement follows Spotex's recent appointment of
Joe Tuccio as Head of Digital Assets, with responsibility for
accelerating the global growth of the company's institutional digital asset offering.
About Spotex
Spotex is a trusted institutional venue for FX, precious metals and digital assets, processing billions in daily volume.
Founded in 2010, the company provides banks, brokers, hedge funds and asset managers with fast and reliable access to
deep liquidity pools, advanced execution algorithms, business management modules and comprehensive market analytics.
Spotex has a strong track record in innovation, including the development of proprietary performance-based matching
logic and a continuous 24/7 cycle that removes the need for traditional end-of-day platform restarts.
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 media information, please contact:
Vanessa Green
Wigwam PR
Tel: +44 (0)771 333 2303
Back
