BitGo Extends Hyperliquid Support with Institutional HYPE Staking

Bola Sokunbi

Founder of Clever Girl Finance, providing financial education geared toward women of color.

BitGo Holdings has significantly broadened its suite of institutional digital asset services by introducing comprehensive support for Hyperliquid's HYPE token. This strategic expansion offers hedge funds, asset managers, and other institutional players a secure and regulated entry point into Hyperliquid's burgeoning on-chain trading environment. The newly launched services encompass institutional-grade custody, flexible self-custody solutions, and staking capabilities, all designed to meet the rigorous demands of sophisticated financial entities.

BitGo Bolsters Institutional Digital Asset Offerings with Comprehensive Hyperliquid HYPE Staking and Custody Solutions

In a significant development for the institutional digital asset landscape, BitGo Holdings (NYSE: $BTGO) announced on Tuesday, May 12, 2026, its new institutional custody, self-custody, and staking support for Hyperliquid’s HYPE token. This initiative aims to provide hedge funds, asset managers, trading firms, and treasury teams with a regulated and secure avenue to participate in one of the cryptocurrency sector's fastest-growing on-chain trading ecosystems.

BitGo’s enhanced framework integrates HYPE into its established custody services through its various subsidiaries. This ensures robust support for regulated cold storage, the provision of segregated accounts, and advanced offline key management protocols. Furthermore, clients now have access to policy-controlled self-custody wallets, which feature customizable approval workflows, whitelists, and transaction limits. These tools empower firms to implement stringent internal controls before deploying their digital assets.

The newly introduced staking layer is meticulously crafted for institutions seeking exposure to the economic dynamics of the HYPE network without the burden of developing and maintaining their own operational infrastructure. BitGo confirms that this service includes comprehensive validator support, automated reward tracking, and sophisticated reporting tools specifically designed for meticulous accounting and treasury oversight. BitGo’s Chief Revenue Officer, Chen Fang, emphasized the growing institutional interest in Hyperliquid, highlighting the importance of providing secure and regulated infrastructure. He stated, “Hyperliquid is attracting meaningful institutional attention as on-chain market infrastructure continues to mature. BitGo’s role is to provide the secure and regulated infrastructure institutions need to participate without compromising governance or capital protection.”

This launch further extends BitGo’s overarching strategy to cover a broader spectrum of institutional digital asset workflows. Beyond custody and staking, its offerings now span trading connectivity, treasury management, financing, settlement services, and liquidity access. BitGo proudly notes that its cold-storage services operate within a qualified custody framework, a crucial factor for firms requiring more than basic wallet access before committing significant capital. The current market price for Hyperliquid (CRYPTO: $HYPE) stands at $40.53 per digital token.

The expansion of BitGo’s services into Hyperliquid’s ecosystem signifies a maturing digital asset market where institutional participation is becoming increasingly formalized. This move provides a crucial bridge for traditional financial institutions looking to enter the burgeoning decentralized finance (DeFi) space with the necessary security and compliance. It underscores the industry's progression towards robust, regulated infrastructure that can support large-scale institutional investment and trading activities, fostering greater confidence and stability in the crypto market.

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