BitGo Raises $100 Million Series C Funding At $1.75 Billion Valuation

BitGo, a leading Bitcoin and cryptocurrency custody firm, announced on Wednesday that it has successfully raised $100 million in its Series C financing round, bolstering its valuation to $1.75 billion. The funds will be allocated to amplify BitGo's secure and regulated custody, wallet, and infrastructure solutions on a global scale and to facilitate strategic acquisitions.