BitGo Launches Global Markets to Broaden Institutional Offerings, Names Pete Janney to Lead the Business
Key Takeaways
- •BitGo has introduced BitGo Global Markets, a single unit that brings together institutional execution, financing, collateral management, derivatives, asset management, and research for digital asset clients.
- •The new unit adopts a prime brokerage structure familiar from traditional markets, allowing institutions to obtain execution, financing, and collateral services from one counterparty instead of multiple providers.
- •The launch builds on BitGo's purchase of NYDIG's institutional and trading business, which contributed capital markets specialists in derivatives, financing, collateral servicing, and structured products.
- •Pete Janney, who joined BitGo from NYDIG, has been named Head of Global Markets to lead the expanded business.
- •CEO Mike Belshe said the unit pairs BitGo's custody, liquidity, trading, financing, and settlement foundation with deeper capital markets expertise to serve more complex institutional strategies.

BitGo Holdings, Inc. ("BitGo" or the "Company"), the digital asset infrastructure company, has announced the launch of BitGo Global Markets, an institutional trading and financial solutions business that brings together global liquidity, execution, financing, derivatives, and settlement capabilities under a single unit.
Global Markets combines BitGo's established institutional trading business and its Prime Services offering with expanded derivatives, collateral management, and structured finance expertise. Backed by BitGo's digital asset infrastructure, the unit is designed for institutions seeking to trade at scale, access capital, and take a more deliberate approach to managing their digital asset exposure. The single-unit structure mirrors the prime brokerage model long established in traditional markets, in which institutions access execution, financing, and collateral services through one counterparty rather than maintaining separate relationships for each.
The launch follows BitGo's acquisition of NYDIG's institutional and trading business, which brought in a team of experienced capital markets professionals specializing in derivatives, financing, collateral servicing, and structured products. The team applies the structuring and risk management discipline of traditional markets to digital assets, expanding the services available to BitGo's institutional clients. Pete Janney, who joins BitGo from NYDIG with extensive experience in trading and capital markets, has been appointed Head of Global Markets to lead the expanded business.
"BitGo has built a strong foundation across custody, liquidity, trading, financing, and settlement," said Mike Belshe, CEO and Co-founder of BitGo. "Global Markets brings these capabilities together with deeper capital markets expertise, allowing us to support more complex institutional strategies and serve a broader range of our clients' financial needs. Pete understands how institutions trade and manage risk, and I'm excited to have him leading Global Markets."
BitGo Global Markets encompasses the following service lines:
- Institutional Execution: Spot and over-the-counter block trading, supported by BitGo's Global Liquidity Layer, connecting clients to deep liquidity across exchanges, market makers, and OTC counterparties.
- Prime Financing: Financing against digital asset collateral to fund trading positions, manage liquidity, and unlock the value of long-term holdings without selling.
- Collateral Management: Margin monitoring, collateral calls, and liquidation management for institutions lending or borrowing against digital assets, with collateral held in qualified custody.
- Derivatives and Structured Solutions: Options, swaps, and bespoke structures for eligible counterparties to hedge exposure, express market views, and manage portfolio risk.
- Asset Management: Managed strategies, private funds, and tailored investment solutions for institutional investors seeking exposure to digital assets.
- Research: Institutional research and market analysis providing clients with data-driven insight into digital asset markets and emerging trends across the industry.
These services are supported by BitGo's digital asset infrastructure, including qualified custody, trading connectivity, and the Go Network's clearing and settlement capabilities.
"Clients who own digital assets need sophisticated solutions that go beyond buy and hold," said Pete Janney, Head of Global Markets at BitGo. "We work with clients to understand their goals, whether that is putting idle assets to work, hedging exposure, or accessing liquidity without selling, and execute solutions designed to help them manage risk and pursue those objectives. I look forward to accelerating that work and growing the Global Markets franchise at BitGo."
With Global Markets, BitGo is expanding its role from providing the infrastructure behind institutional digital asset activity to delivering a broader suite of financial services across the full trade lifecycle. Dedicated coverage teams work with clients across trading, financing, and risk management needs, helping institutions access the capabilities they need to navigate digital asset markets. For readers tracking how the build-out takes shape, the near-term signposts are how the NYDIG-acquired team's derivatives, financing, and collateral servicing capabilities integrate with BitGo's qualified custody and the Go Network's clearing and settlement rails, and how institutions begin using the bundled service lines across trading and risk management workflows.