BitGo Holdings Inc. (BTGO) and digital asset investment manager 21Shares have announced a significant expansion of their partnership, deepening collaboration across staking and custody services in the United States and EMEA markets. The agreement, revealed on February 12, 2026, strengthens BitGo's role as a core infrastructure provider for institutional crypto products.
The expanded partnership builds on an existing relationship, with BitGo now providing enhanced staking and custody solutions to support 21Shares' growing lineup of cryptocurrency exchange-traded products (ETPs) and exchange-traded funds (ETFs). 21Shares, one of the world's largest crypto ETP issuers, manages approximately $5.7 billion in assets under management and is expanding its regulated product offerings in response to increasing institutional demand.
Under the new agreement, BitGo will serve as a qualified custodian, execution partner, and staking provider. This gives 21Shares access to deep liquidity, enhanced execution across electronic and over-the-counter markets, and competitive staking rewards—all within BitGo's regulated and insured custody framework designed for institutional risk management.
"21Shares is one of the leading global digital asset managers," said Adam Sporn, Head of Prime Brokerage and Institutional Sales at BitGo. He noted the expanded relationship covers 21Shares' growing suite of US ETF products as well as global ETP offerings. Andres Valencia, Head of Investment Management at 21Shares, highlighted the importance of a custody framework designed for institutional risk management across its product lineup.
The partnership follows key regulatory milestones for BitGo, including recent approval from the Office of the Comptroller of the Currency (OCC) to convert its subsidiary, BitGo Bank & Trust, into a federally chartered trust bank for digital assets. BitGo also holds a Markets in Crypto-Assets Regulation (MiCA) license from Germany's Federal Financial Supervisory Authority (BaFin), enabling regulated services across the European Union.
Both companies emphasized a shared commitment to long-term collaboration across product development, operations, and global market support as institutional adoption of digital assets accelerates.
