As of November 2021, the Ethereum Decentralized Finance—or DeFi—ecosystem surpassed $180 billion in total value locked; MetaMask hit 21M monthly active users; and several leading organizations have begun engaging in the ecosystem.
Some organizations have made small steps—holding crypto on their balance sheets and investing in ETFs. Some funds have made bigger strides—allocating a percentage of their portfolios to DeFi, or setting up dedicated funds to dive into the space.
With the rapid growth of investment opportunities across DeFi, and the yields that far outweigh those in traditional finance, more and more organizations will want and need access.
In this webinar, MetaMask Institutional (MMI) and BitGo discuss the following:
Product Lead of Metamask Institutional
Director of Institutional Sales at BitGo
Executive Director, ConsenSys
MetaMask Institutional is an institution-compliant extension of the world’s most trusted DeFi wallet, MetaMask. We offer unrivaled access to the DeFi ecosystem without compromising on institution-required security, operational efficiency, or compliance needs. We enable crypto funds, market makers, and trading desks to trade, stake, borrow, lend, invest, and interact with over 17,000 DeFi protocols and applications.
BitGo is the leader in digital asset financial services, providing institutional investors with liquidity, custody, and security solutions with over $40B in assets under custody. Founded in 2013, BitGo pioneered the multi-signature wallet and is the first digital asset company to focus exclusively on serving institutional clients. Active in both centralized and decentralized finance, BitGo offers market leading trading, lending, and borrowing services through its prime brokerage services and acts as the custodian for WBTC, with more than $10 billion in custody and circulation.
In 2020, BitGo launched BitGo Portfolio and Tax, providing clients with a full-stack solution for digital assets. In 2018, it launched BitGo Trust Company, the first qualified custodian purpose-built for storing digital assets. BitGo processes approximately 20% of all global Bitcoin transactions, and supports over 400 coins and tokens. BitGo provides the security and operational backbone for more than 500 institutional clients in 50 countries, including many regulated entities and the world’s top cryptocurrency exchanges and platforms. BitGo is backed by Goldman Sachs, Craft Ventures, Digital Currency Group, DRW, Galaxy Digital Ventures, Redpoint Ventures, and Valor Equity Partners.