BitGo Holdings (NYSE: BTGO) has become the first dedicated digital asset infrastructure company — focused on custody, wallets, and settlement — to land on the Fortune 500. The firm ranked No. 273 on the 2026 list, reporting $16.2 billion in revenue for 2025. The milestone comes just five months after its January IPO.
How BitGo got here
Founded in 2011 by Mike Belshe, BitGo started as a multi-signature Bitcoin custody provider for exchanges and funds. Over the past 15 years it expanded into OTC trading, derivatives, and staking through its BitGo Prime service. The company’s revenue mix blends custody fees and trading commissions. It now operates regulated entities across 100-plus countries, with offices in Dubai (under a VARA license), London, Mexico City, and Singapore.
The regulatory backbone
A key factor in BitGo's growth was its December 2025 approval as a federally chartered national trust bank under the Office of the Comptroller of the Currency. That designation, under the name BitGo Bank & Trust, lets it offer custody and settlement services nationwide with a single regulatory framework. It gave institutional clients the regulatory clarity they needed to commit significant assets.
Who BitGo serves
The company's client list reads like a who's-who of crypto institutional players. It acts as custodian for the 21Shares Bitcoin ETF, and powers infrastructure for Fold, World Liberty Financial (which uses its USD1 stablecoin), and SoFi (for the SoFiUSD stablecoin). These relationships show how deeply BitGo is embedded in the infrastructure layer — handling the back-end so other platforms can focus on the front end.
CEO Mike Belshe is set to appear on the inaugural Fortune Crypto 100 list, scheduled for publication in August 2026. The ranking, which profiles the most influential people in digital assets, will put a face to the company that just became the first pure-play crypto infrastructure firm on the Fortune 500.
