BitGo 'Strengthening regulatory compliance processes including security and anti-money laundering for US IPO' [Consensus Hong Kong 2025]

Virtual asset (cryptocurrency) custody company BitGo announced that it is strengthening its regulatory compliance processes, including wallet security, in preparation for its Initial Public Offering (IPO).

On the 19th (local time), Mike Belshe, CEO of BitGo, stated during a fireside chat at Consensus Hong Kong 2025 held at the Hong Kong Convention Center, "Our mission is the custody and transfer of digital assets. For our IPO, we have added regulatory layers along with asset protection, prevention of fund withdrawals, and password loss prevention."

While thoroughly preparing, he was not certain about the possibility of going public. CEO Mike Belshe said, "We are demonstrating trust in the global market and building substantial security infrastructure, but ultimately what matters is conveying trust through the SEC's due diligence and supervision. The possibility of going public depends on destiny."