Laser Focus World is an industry bedrock—first published in 1965 and still going strong. We publish original articles about cutting-edge advances in lasers, optics, photonics, sensors, and quantum technologies, as well as test and measurement, and the shift currently underway to usher in the photonic integrated circuits, optical interconnects, and copackaged electronics and photonics to deliver the speed and efficiency essential for data centers of the future.

Our 80,000 qualified print subscribers—and 130,000 12-month engaged online audience—trust us to dive in and provide original journalism you won’t find elsewhere covering key emerging areas such as laser-driven inertial confinement fusion, lasers in space, integrated photonics, chipscale lasers, LiDAR, metasurfaces, high-energy laser weaponry, photonic crystals, and quantum computing/sensors/communications. We cover the innovations driving these markets.

Laser Focus World is part of Endeavor Business Media, a division of EndeavorB2B.

Laser Focus World Membership

Never miss any articles, videos, podcasts, or webinars by signing up for membership access to Laser Focus World online. You can manage your preferences all in one place—and provide our editorial team with your valued feedback.

Magazine Subscription

Can you subscribe to receive our print issue for free? Yes, you sure can!

Newsletter Subscription

Laser Focus World newsletter subscription is free to qualified professionals:

The Daily Beam

Showcases the newest content from Laser Focus World, including photonics- and optics-based applications, components, research, and trends. (Daily)

Product Watch

The latest in products within the photonics industry. (9x per year)

Bio & Life Sciences Product Watch

The latest in products within the biophotonics industry. (4x per year)

Laser Processing Product Watch

The latest in products within the laser processing industry. (3x per year)

Get Published!

If you’d like to write an article for us, reach out with a short pitch to Sally Cole Johnson: [email protected]. We love to hear from you.

Photonics Hot List

Laser Focus World produces a video newscast that gives a peek into what’s happening in the world of photonics.

Following the Photons: A Photonics Podcast

Following the Photons: A Photonics Podcast dives deep into the fascinating world of photonics. Our weekly episodes feature interviews and discussions with industry and research experts, providing valuable perspectives on the issues, technologies, and trends shaping the photonics community.

Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

BitGo Launches OTC Trading Desk with Integrated Trading, Derivatives, Lending and Qualified Custody

Launches with Billions in Trading Volumes and Lending Book of Over $150 Million

Features Spot and Derivatives Trading Support, Locked Token Transacting, Lending and Yield Generating Products, and Instant Settlement

BitGo, the leading provider of digital asset infrastructure and the world’s largest independent qualified custodian, today announced the launch of its comprehensive OTC trading desk. The platform has operated in stealth mode since early 2024 and has already processed billions in trading volume and has built a lending book of over $150M that services leading asset managers.

Led by Matt Ballensweig, formerly of Genesis and Bridgewater, and Stefan Von Haenisch, formerly of OSL Group, BitGo’s global OTC trading desk operates 24/7/365 to serve clients across all major time zones. The desk’s unique offering enables seamless spot and derivatives trading across 250+ assets, while also providing lending services and yield-generating products—all integrated with BitGo’s regulated qualified custody. Client assets remain in insured qualified custody through one of BitGo’s regulated entities across the globe while seamlessly leveraging BitGo’s OTC services.

The explosive demand uptick since launch proves decisive institutional demand for bespoke trading solutions integrated with qualified custody.

“Having seen many market cycles and understanding what works and what doesn’t, we’ve been quietly building a proper institutional crypto trading desk and now we’re confident we offer what other brokers can't,” said Matt Ballensweig, Managing Director, Head of Trading. “Our integrated OTC offering gives clients the ability to execute with a full-service desk across spot, derivatives, and lending, all while their assets stay protected in qualified custody until the time of settlement. We then leverage BitGo’s Go Network to settle assets at the same time—minimizing the highly-prevalent prefunding risk that underlies our market structure.”

BitGo’s OTC desk is comprehensive and offers clients the ability to:

  • Trade with flexibility: spot, derivatives, lending, and yield-generating products all in one place, all alongside BitGo’s existing electronic trade offering through BitGo Prime.
  • Trade competitively: BitGo’s OTC desk has access to dozens of liquidity sources including both exchanges and LPs to provide clients with highly competitive pricing and dynamic order types including risk bid/offer, limit/stop, TWAP/VWAP, Pegged, % of Volume and more.
  • Access bespoke locked token markets: BitGo provides its VC and hedge fund clients the ability to buy and sell locked/unvested L1 tokens, a unique capability fueled by our position as the preferred qualified custodian to major protocols.
  • Trade with confidence: client assets never leave the security of BitGo’s regulated custody offering while trading—unparalleled security with industry-leading technology, robust controls, and $250M in insurance coverage.

BitGo’s unique positioning is further solidified with the incorporation of trade settlement via Go Network, BitGo’s settlement infrastructure that launched in 2023. By settling via Go Network, clients can receive proceeds in crypto or cash instantly without having to send funds on-chain first to another market maker.

The rapid growth of BitGo’s OTC desk validates BitGo’s unique position in addressing critical market needs across institutional digital asset reading. By combining deep liquidity, a comprehensive product offering, and the security of qualified custody, BitGo has created what institutional trading should be. The launch of its OTC desk marks a significant milestone—but that’s just the beginning. As BitGo continues to expand its trading capabilities and elevates the standards for the industry, one thing is clear: the future isn’t coming, it’s already here.

About BitGo

BitGo is the leading regulated infrastructure provider of digital asset solutions, offering custody, wallets, staking, trading, financing, and settlement out of regulated cold storage for the world’s largest financial institutions. Founded in 2013, BitGo is the first and largest digital asset company to focus on serving institutional clients, and now bringing institutional-grade service to all.

BitGo is dedicated to advancing a digital financial services economy that is borderless and accessible 24/7. With multiple regulated entities around the world, BitGo is the largest independent digital asset custodian and the preferred security and operational backbone for more than 2,000 institutional clients in 90 countries, including many of the world’s top brands, cryptocurrency exchanges, and platforms. For more information, please visit www.bitgo.com.

Contacts

More News

View More

Recent Quotes

View More
Symbol Price Change (%)
AMZN  213.04
-1.43 (-0.67%)
AAPL  252.29
+4.84 (1.96%)
AMD  233.08
-1.48 (-0.63%)
BAC  51.28
+0.84 (1.67%)
GOOG  253.79
+1.91 (0.76%)
META  716.91
+4.84 (0.68%)
MSFT  513.58
+1.97 (0.39%)
NVDA  183.16
+1.35 (0.74%)
ORCL  291.31
-21.69 (-6.93%)
TSLA  439.31
+10.56 (2.46%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.