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BitGo and HashKey Cloud expand partnership to staking, custody and RWA tokenization
The deal, signed during TOKEN2049 week in Singapore, builds on a July staking tie-up and targets institutional clients across Asia-Pacific
BitGo and HashKey Cloud have upgraded their relationship from a single-product arrangement to a full strategic partnership. The agreement was signed on October 6, 2026, in Singapore during TOKEN2049 week.
The two firms started with staking in July. Three months later, they’ve added trading, custody and real-world asset tokenization to the list.
The target audience is institutions in the Asia-Pacific region. These are clients that want one integrated setup rather than a different vendor for every step of the process.
What the deal actually covers
BitGo Holdings, Inc., which trades on the NYSE under the ticker BTGO, is the custody heavyweight in this pairing. HashKey Cloud, operating as WanCloud Ltd., brings validator infrastructure and a link to HashKey’s licensed operations in Hong Kong.
The partnership covers four areas of cooperation:
- Institutional staking: HashKey Cloud now serves as a validator partner on BitGo’s platform.
- Trading flows: The firms will cooperate on routing institutional trading activity.
- Custody: BitGo will act as custody partner for HashKey Capital.
- RWA tokenization: BitGo will also serve as custodian for real-world asset tokenization initiatives.
The staking piece starts with Ethereum (ETH) and Solana (SOL). Client assets will stay in BitGo’s custody throughout.
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The services aren’t open to everyone. They’re limited to eligible institutional clients, and only in jurisdictions where the offerings are permitted.
Abel Seow and Leo Li were among the leaders from both companies who signed the agreement during the Singapore conference week.
From a staking pilot to the full stack
The original collaboration in July 2026 focused on non-custodial staking. It was a narrow test of whether the two firms could work together on one product.
The broader framing from both companies is about the full asset lifecycle. That covers everything an institution does with a digital asset, from buying it to holding it, earning yield on it and tokenizing other assets onto a blockchain.
Both companies have said they want to align their regulatory frameworks and technology to drive adoption in Asian markets, with an emphasis on complying with local laws.
BitGo shares closed at $7.38 on the day before the agreement was signed.