Crypto OTC – TRADTINGVIEW News

The OTC office provides a service around the clock and recounts more than 250 digital assets. It also provides trading services with both immediate and derived tools, as well as lending services and return -generating products.

The launch of the OTC office came at a time when the institutional demand for encrypted currencies was rising quickly. According to financial markets, the volume of Crypto OTC increased by 106 percent in 2024, due primarily due to the US presidential elections and increasing demand for products traded in coding.

“After I saw many market courses and understand what is successful and what does not succeed, we were working quietly to build an appropriate institutional encrypted trading office, and now we are confident that we offer what other mediators cannot,” said the administrative director of BITGO, BITOGO and Bito and The head of trading, Palinsoj, who leads the operations at the OTC office.

“The OTC’s integrated offer gives customers the ability to implement through the office of full services via space, derivatives and lending, all while their assets remain protected in qualified reservation until the time of settlement.”

The inventor inventor?

Meanwhile, a recent report by Bloomberg revealed that BITGO is considering the public’s offering with an initial general offer (IPO in the second half of 2025. Although the company is in talks with potential advisers, it has not made a decision on a public list. BITGO, however, did not make any official comments on this topic.

In 2021, billionaire Galaxy Digital agreed to buy BITGO for $ 1.2 billion. However, this deal collapsed when Galaxy ended the acquisition the following year. Later, in 2023, the platform raised $ 100 million with a rate of $ 1.75 billion and backed by companies such as Goldman Sachs, Drw Holdings, Redpoint Ventures and Valor Equity Partners.