BitGo and HashKey Cloud have expanded their relationship from a single-product arrangement into a full strategic partnership. The agreement was signed on October 6, 2026, in Singapore during TOKEN2049 week.
The two companies initially launched a staking partnership in July 2026. Three months later, the scope has expanded to include trading, custody, and real-world asset (RWA) tokenization, targeting institutional clients in the Asia-Pacific region who seek an integrated setup.
Partnership Scope
BitGo Holdings, Inc., which trades on the NYSE under the ticker BTGO, provides custody services, while HashKey Cloud, operating as WanCloud Ltd., supplies validator infrastructure and connections to HashKey’s licensed operations in Hong Kong.
The agreement covers four key areas of cooperation:
- Institutional staking: HashKey Cloud serves as a validator partner on BitGo’s platform, beginning with Ethereum (ETH) and Solana (SOL) while client assets remain in BitGo’s custody.
- Trading flows: The firms cooperate on routing institutional trading activity.
- Custody: BitGo acts as the custody partner for HashKey Capital.
- RWA tokenization: BitGo serves as the custodian for real-world asset tokenization initiatives.
The services are restricted to eligible institutional clients in jurisdictions where the offerings are permitted. Leaders from both companies, including Abel Seow and Leo Li, signed the agreement during the Singapore conference week.
Focus on Regional Adoption
The expanded partnership addresses the full asset lifecycle, covering buying, holding, earning yield, and tokenizing assets onto a blockchain. Both companies aim to align their regulatory frameworks and technology to drive adoption in Asian markets while complying with local laws.
BitGo shares closed at $7.38 on the day prior to the agreement's signing.
