The link lets eligible institutional clients trade on Gate US while assets remain in segregated custody at BitGo Bank & Trust, adding a 10th named venue to BitGo’s OES roster.
Gate US joined BitGo’s Go Network Off-Exchange Settlement service on July 28, extending a broader partnership announced five days earlier and giving eligible institutional clients access to the exchange’s U.S. liquidity without pre-funding the venue. Under the setup, clients allocate part of the balances they hold at BitGo Bank & Trust, National Association, for trading on Gate US, while the assets remain in segregated custody until settlement. The arrangement separates custody from execution: BitGo Bank & Trust provides custody and settlement, while Gate US operates the market and executes orders. Completed trades settle through Go Network rather than through repeated transfers into an exchange wallet, and BitGo’s technical documentation says settlements occur off-chain while assets remain in its cold-storage system. Gate US Chief Operating Officer Laura Liu said the connection gives clients a framework built around regulated custody and described it as a “secure and efficient path.” BitGo’s disclosures show the bank is chartered and regulated by the OCC (U.S. bank regulator), with the regulator’s corporate applications database showing its conversion from a South Dakota trust company became effective on Dec. 12, 2025. The charter authorizes fiduciary and custodial services, but it does not make digital assets eligible for federal deposit insurance. The model mirrors traditional market structures in which a custodian holds assets while another venue handles execution. BitGo now lists 10 named venues on its OES network after adding Gate US. Still, off-exchange settlement reduces rather than removes risk. BitGo’s annual SEC filing cites operational, regulatory and counterparty risks, including trade-data errors, delayed asset transfers, insider misconduct, cyber incidents, technology disruptions and reconciliation failures. The companies did not disclose financial terms, expected trading volume, supported assets, margin arrangements, settlement frequency, default procedures, separate OES fees or a rollout schedule for the connection. The next measurable developments will be the start of client activity, which assets are supported on Gate US, and any settlement or volume data the companies choose to publish.