BitGo to Assist the FTX Debtors in Distributing Recoveries

December 16, 2024 at 12:45 PM EST

BitGo, the leading digital asset custody and security platform trusted by institutions since 2013, today announced it has entered into an agreement with FTX Trading Ltd. (“FTX”) and its affiliated debtors (the “FTX Debtors”) to assist in distributing recoveries to both retail and institutional customers in supported jurisdictions in accordance with the U.S. bankruptcy court-approved FTX Chapter 11 Plan of Reorganization.

FTX retail users will have the opportunity to reclaim their funds securely with BitGo – and take advantage of BitGo’s comprehensive suite of crypto services designed to help them trade, lend, and securely store their assets.

As one of the industry’s most trusted names in digital asset custody, BitGo has safeguarded billions in crypto assets for institutions, prioritizing safety and transparency above all. FTX customers who onboard with BitGo can experience the same institutional-grade security combined with the convenience and versatility of BitGo’s broader offerings.

“BitGo is proud to support FTX,” said Mike Belshe, CEO of BitGo. “With our long-standing reputation as the most secure choice in the industry, we work hard to bring institutional-grade service to both retail and institutional clients, ensuring users the peace of mind they need to manage and grow their assets safely.”

For additional details regarding eligibility to receive distributions, FTX customers should log in to the FTX Debtors’ Customer Portal (https://claims.ftx.com).

BitGo empowers users to reclaim their assets with confidence while showcasing its expansive crypto solutions. FTX retail customers who select BitGo for their distributions will benefit from secure custody, alongside a range of features that extend beyond fund recovery – including wallet services, trading, and staking options.

About BitGo

Founded in 2013, BitGo is a leading digital asset custody, trading, and financial services company. Serving as the trusted partner for many of the world's top institutions, BitGo is dedicated to delivering secure, scalable, and reliable solutions to meet the evolving needs of the digital asset market. With industry-leading security protocols and compliance measures, BitGo empowers users to navigate their crypto journey with confidence.

For more information on BitGo’s FTX fund recovery services and to explore its range of crypto solutions, please visit bitgo.com/ftx.