BitGo Targets Wall Street as Stablecoin Competition Picks Up
BitGo Bank & Trust, newly named to the Fortune 500 with $16.2B in 2025 revenue, is offering institutional clients access to Aave, Spark, and Tesseract DeFi protocols via Narval’s gateway, aiming to solve compliance hurdles for onchain yield while maintaining qualified custody; risks remain from DeFi protocols, smart contracts, and liquidity limits, with custody protections ending once assets leave BitGo wallets.