BitGo’s doing the boring-but-important stuff
BitGo is expanding support for Hyperliquid by adding institutional HYPE staking. Not exactly the kind of announcement that makes your phone buzz like an earnings miss, but this is the sort of infrastructure move that can matter a lot in crypto.
For institutions, the appeal is simple: fewer headaches, more ways to park assets, and a cleaner path to using a fast-growing venue without duct-taping together three different platforms and a prayer.
Why investors should care
This kind of partnership does a few things at once:
- It gives BitGo another reason for institutions to keep it in the crypto stack
- It helps Hyperliquid look more legit for larger players who want staking access
- It nudges BitGo deeper into the “we’re not just custody anymore” storyline
That’s the real unlock here. In crypto, infrastructure often wins by becoming unavoidable, not flashy. If BitGo keeps landing integrations like this, it can widen its moat the old-fashioned way: by becoming the plumbing everyone quietly relies on.
The bigger picture
If you’re looking for fireworks, keep walking. If you’re looking for a sign that crypto infrastructure is still getting more institutional and less chaotic, this is it. BitGo is basically saying: we want the grown-ups in the room, and we’ll bring the staking rails.
Big picture: the more institutions adopt crypto, the more valuable the companies that make it usable become.