New York, NY, United States, February 19th, 2025,
Chainwire
Membrane Labs and BitGo are pleased to announce a
strategic partnership aimed at enhancing BitGo’s prime services
offerings. This collaboration will leverage Membrane’s advanced
digital asset management technology infrastructure to drive BitGo’s
financing business, including capabilities in lending, borrowing
and potentially margin trading.
“We are thrilled to integrate Membrane’s technology
into our financing operations,” said Mike Belshe, CEO at BitGo.
“This partnership enables us to expand our financing solutions,
optimizes our operations, and positions us to offer more advanced
capital solutions in the future.”
Membrane’s loan management software, which facilitated over $3
billion in bookings last year, is designed to streamline prime
services. By incorporating this technology, BitGo aims to deliver
comprehensive financing solutions that maximize capital efficiency
for their clients.
“Our technology has been developed over the past four
years with a focus on enabling prime services,” said Carson Cook,
CEO of Membrane Labs. “We’re excited to see it deployed by a
digital asset leader like BitGo and look forward to supporting
their continued success as they expand their product
lines.”
About Membrane Labs
Membrane Labs delivers
institutional-grade solutions for managing digital assets and aims
to minimize operational and counterparty risk while maximizing
operational and capital efficiency. Accessible via API or web
interface, the Membrane platform offers fully customizable
workflows for loan lifecycle management, post-trade OTC management
and settlement across trading and derivatives, and streamlined
treasury operations, including reconciliation, payments, and
real-time reporting.
About BitGo
BitGo is a leading provider of digital
asset financial services, offering institutional investors
liquidity, custody, and security solutions. Active in both
centralized and decentralized finance, BitGo provides
market-leading trading, lending, and borrowing services through its
prime brokerage platform. The company is also the custodian for
WBTC, the leading global stablecoin for Bitcoin.
For Membrane Labs media inquiries, users can contact:
Marketing@MembraneLabs.com
Contact
Head of
Marketing
Michelle
Obine
Membrane
Labs
marketing@membranelabs.com