Bitgo Prime Expands Liquidity Network With New Regulated European Provider
Key Takeaways: Despite the stock’s decline, Bitgo reported FY 2025 revenue of approximately $16.2 billion, a 424% increase year-over-year, driven by digital asset custody, trading, and related services. The company posted a net loss of roughly $14.8 million over the trailing twelve months, partly tied to mark-to-market pressure on Bitcoin holdings. Wall Street analysts maintain a generally positive outlook. The average 12-month price target sits near $14.58, representing roughly 54% upside from current levels. Mizuho reiterated an Outperform rating with a $14 target as recently as April 1, 2026. The European provider, tradias, is also moving through a structural change of its own. In February 2026, tradias and Boerse Stuttgart Digital announced plans to merge, pending regulatory approvals, to form a regulated European crypto infrastructure provider. The Bitgo Prime integration adds a regulated European counterparty to the network as both firms position for broader institutional demand in digital asset markets.About Author
