Who Is Mike Belshe?

Mike Belshe is the Co-Founder and CEO of BitGo, one of the largest and most prominent cryptocurrency custodian service providers used by many exchanges and funds. BitGo was the first United States crypto service provider to obtain a broker-dealer approval, transfer agent registration and trust company recognition. He is the driving force behind BitGo’s product and business strategy for delivering security, compliance, and custodial solutions for blockchain-based currencies. Prior to BitGo, Belshe was one of the first engineers dedicated to building Chrome at Google. He is creator of the SPDY protocol and lead author of HTTP/2.0—the internet protocol responsible for loading web pages today. In 2003, Mike co-founded Lookout Software—an email search company acquired by Microsoft—and has held management positions at several startups, including Netscape, Good Technology, and Critical Path.

In 2020:

- News broke that PayPal was exploring various avenues through which it could potentially purchase BitGo
- Launched a full-service institutional trading platform - BitGo Prime
- Claims to process over 20% of all Bitcoin transactions
- Acquired Lumina and started offering tax tracking services for institutional clients
- Launched institutional-level crypto lending services
- Acquired Harbor for BitGo to build out its digital securities capabilities

Key quote:

“If you don't have some Bitcoin now, it is time to put at least 3% of your net worth into Bitcoin. This is the lowest risk, highest asymmetric upside investment you will likely see in your lifetime. Or stop the lockdown. But still get Bitcoin.” (Said in Aug 2020 as reported by Cointelegraph)

Picture source: Twitter Profile

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