Crypto custody services firm BitGo has launched a global over-the-counter (OTC) trading desk for digital assets after it was reported to be gearing up for an initial public offering slated for later this year.

Clients of BitGo and Copper can now trade spot and derivatives on Deribit while assets are secured off-exchange.

BitGo, a digital assets custodian, has launched a global over-the-counter trading desk offering spot and derivatives trading for crypto. According to a February 19 announcement from the California headquartered firm,

BitGo is reportedly moving toward an IPO in H2 as market sentiment and regulatory clarity improve for crypto firms.

Crypto custody firm BitGo Inc. has launched a global over-the-counter trading desk for digital assets amid its plan to go public.