HashKey and BitGo Expand Institutional Partnership

The expanded deal builds upon a July partnership that initially focused exclusively on institutional staking. Under the new terms, HashKey Cloud will serve as a validator partner on the BitGo platform, providing infrastructure for ETH and SOL. While the companies have not disclosed specific launch dates, financial terms, or initial client lists, the scope of the collaboration signals a push to consolidate various stages of digital asset management under a single institutional umbrella.

BitGo, which reported $65.2 billion in assets under custody as of June, intends to provide custody services for HashKey Capital and its associated funds. This move complements HashKey’s active pursuit of real-world asset tokenization, a sector where the firm reported HK$2.68 billion in total value locked during the first half of 2026. The partnership also incorporates institutional trading flow support, aligning with BitGo’s broader corporate strategy to evolve from a custody-only provider into a comprehensive prime brokerage service following its acquisition of NYDIG’s trading business.