Gate US officially joined BitGo’s Go Network Off-Exchange Settlement service on July 28, 2026, enabling eligible institutional clients to trade on the exchange while their assets remain segregated in custody at BitGo Bank & Trust, National Association. The move positions Gate US as the tenth named venue on BitGo’s settlement network and deepens a partnership announced just days earlier.
Under the arrangement, an institution allocates a portion of its balance held at the OCC-chartered BitGo Bank & Trust for trading on Gate US. BitGo projects this available balance to the exchange for order execution, without requiring pre-funding of an exchange wallet. Actual assets stay in segregated, regulated custody until settlement is finalized through Go Network’s off-chain mechanism, which relies on BitGo’s cold-storage system.
Gate US Chief Operating Officer Laura Liu described the connection as “a framework built around regulated custody,” echoing a broader industry shift. Adam Sporn, BitGo’s Head of Prime Brokerage and Institutional Sales, emphasized that institutions “should be able to access liquidity without sacrificing the protections that come from keeping assets in regulated qualified custody.”
BitGo Bank & Trust operates under a national trust charter from the Office of the Comptroller of the Currency, effective December 12, 2025. The charter authorizes fiduciary and custodial services but does not extend federal deposit insurance to digital assets. Gate US, which held 36 state money-transmitter licenses as of July, reminds customers that FDIC and SIPC protections do not apply to crypto accounts.
The integration extends a prior collaboration where BitGo provides institutional custody, wallet management, and risk-control technology for Gate US’s expanding U.S. business. Financial terms and expected volumes were not disclosed. Off-exchange settlement models have gained traction in 2026: OKX US added BitGo OES in April, and Binance connected to Anchorage Digital’s Atlas platform similarly.
While the structure reduces exposure to exchange insolvency or custody breaches, it does not eliminate risk. BitGo’s SEC filing lists operational, regulatory, and counterparty risks—including trade-data errors, delayed transfers, cyber incidents, and reconciliation failures. No specific supported assets, margin arrangements, or OES fees were revealed. The next milestones will be the start of client activity and any disclosed performance data.
