HTX, a Global Cryptocurrency Exchange, has announced a partnership with Bitgo Singapore to provide out-of-exchange payments over the GO network. The integration allows HTX clients to trade assets without transferring to an exchange. Instead, the assets remain in custody at Bitgo Singapore.
This move occurs as HTX expands its services for institutional users. In the first half of 2024, HTX Venture made 23 investments. These included projects in new areas such as Defi, Infrastructure, Bitcoin, AI, and Depin and SocialFi.
GO Networks are designed to reduce counterparties and operational risks. The assets are held in cold storage and are under regulatory oversight by Singapore’s financial authorities.
Bitgo Singapore holds licenses from major payment institutions and offers insurance up to $250 million on custody assets. Client funds are stored in separate accounts and are not linked to HTX’s balance sheet.
Great news!
htx & bitgo @bitgo Join forces!
HTX has formed a strategic partnership with BITGO, a leading digital asset management provider.
Together, we provide all users with a safer, more efficient and diverse trading experience.
https://t.co/g3hc6c0swr pic.twitter.com/xg9oodwaaw
– HTX (@HTX_GLOBAL) June 23, 2025
FinanceMagnates.com: HTX Partners You may find it interesting at IBEX.
Automated settlements simplify the post-trade process
HTX said the setup allows clients to allocate capital to trading platforms while maintaining asset management. This structure is expected to increase the flexibility and efficiency of fund deployment.
Post-trade operations are also addressed under integration. Automatic payment workflows are managed directly within Bitgo’s custody environment. It is intended to simplify the process and support compliance requirements.
Institutional cryptographic demands drive Bitgo expansion
Recently, Bitgo announced the launch of an on-site commercial (OTC) crypto trading desk. Operating in stealth since early 2024, the desk has handled billions of volumes and built a $150 million loan book.
We offer 24/7 trading of over 250 digital assets, including spots and derivatives, along with lending and yield products. The launch, according to the company, is in response to an increase in cryptographic demand for institutions.