BitGo Holdings, Inc. plans to expand institutional access to decentralized finance (DeFi) vault products and onchain lending opportunities through a new offering developed with third-party infrastructure providers and risk managers. The planned launch includes a partnership with Morpho, a decentralized lending infrastructure protocol, to provide eligible institutional clients with access to third-party vaults and predefined onchain strategies. This initiative aims to bridge the gap between onchain opportunities and the security expectations of institutional custody.

The upcoming vault offering will utilize a network of specialized partners where independent risk managers define strategy parameters, risk parameters, and maximum exposure limits. Infrastructure providers like Morpho will supply the underlying vault architecture, lending infrastructure, and onchain execution systems. This structure is designed to create a clear separation between custody, risk management, and protocol infrastructure to enhance transparency and operational control.

Vault participation and the custody of vault receipt tokens are expected to be integrated with BitGo Bank & Trust, National Association. Through this integration, clients can access third-party onchain vault functionality using institutional custody tooling. The system features institutional-grade controls such as configurable policy enforcement, spending limits, asset-level permissions, audit trails, reporting, and real-time monitoring. When client assets are transferred to a third-party vault, they are deployed outside BitGo Bank & Trust’s custody environment, though the bank retains custody of the vault receipt token representing the client’s claim.

"We believe institutions are looking for ways to access onchain opportunities but also expect the security and oversight that come with institutional custody," said Mike Belshe, CEO and Co-founder of BitGo. "This means partnering with the right infrastructure providers, like Morpho, and risk managers. BitGo’s DeFi vaults bring these pieces together in a way that makes access to certain onchain opportunities that align with their goals more accessible to our clients."

Paul Frambot, CEO and Co-founder of Morpho, highlighted the technical integration, stating, "BitGo is one of the most trusted names in institutional digital asset custody, and this integration is intended to connect eligible BitGo clients to Morpho-enabled vault infrastructure through BitGo’s platform. Through Morpho's credit network, institutions can access third-party onchain lending markets through infrastructure that can be accessed using BitGo’s institutional workflows."

The planned DeFi vault launch builds on BitGo’s previous integration with Blueprint Finance’s Concrete protocol. While the Concrete protocol is designed to keep assets in qualified custody, the Morpho vault offering will support a model where assets are deployed through third-party infrastructure. BitGo intends to expand the offering over time with additional providers and protocol integrations, subject to eligibility and compliance requirements. Any rewards or returns will be generated by third-party vault and protocol activity rather than by BitGo or BitGo Bank & Trust.

BitGo Holdings, Inc. appointed Angela Ang as Managing Director of APAC and President of BitGo Singapore Pte. Ltd., having cleared all regulatory and fit-and-proper requirements. Ang will lead BitGo's business growth, market development, and operating infrastructure across Asia-Pacific, focusing on expanding institutional access to secure, regulated digital asset infrastructure. The appointment strengthens BitGo's leadership in a key region for institutional digital asset adoption.

Ang brings extensive experience in financial regulation, digital assets, public policy, and institutional market development. She joins BitGo from TRM Labs, where she served as Head of APAC Public Policy and Strategic Partnerships. Prior to TRM Labs, Ang spent over a decade at the Monetary Authority of Singapore, leading the team that built and operationalized Singapore's payments and crypto licensing regime.

"We believe that Angela's appointment strengthens BitGo's leadership in one of the world's most important regions for institutional digital asset adoption," said Jody Mettler, Chief Operating Officer of BitGo and President of BitGo Bank & Trust, National Association. "Her experience at the intersection of regulation, market infrastructure, and commercial growth is highly relevant as institutions look for trusted partners that can meet the standards of a regulated financial system."

Singapore serves as a strategic hub for BitGo's APAC business and a leading global center for regulated digital asset activity. BitGo Singapore Pte. Ltd. is regulated by the Monetary Authority of Singapore as a Major Payment Institution. Ang's appointment underscores BitGo's continued investment in Singapore and the broader APAC region, reflecting the importance of local regulatory expertise.

"BitGo has built its reputation by focusing on the requirements that matter most to institutions: security, compliance, resilience, and trust," said Angela Ang. "Singapore has established one of the world's most respected regulatory frameworks for digital assets, and APAC is entering an important phase of institutional market development. I am excited to join BitGo and work with our teams, clients, and partners to expand access to safe, scalable, and regulated digital asset solutions across the region."

Key Appointments and Roles

BitGo serves institutions seeking secure access to custody, wallets, trading, financing, settlement, staking, and stablecoin infrastructure. The company maintains multiple regulated entities, including BitGo Bank & Trust, National Association.