Caladan Goes Live on BitGo’s Go Network for Institutional Settlement

For institutional traders, the gap between execution and final settlement is where counterparty risk lives. Caladan, Asia’s largest digital asset market maker, is narrowing that window by integrating BitGo’s Go Network, the firms announced Aug.

25, letting counterparties settle trades through a regulated custody network.

How it works The Caladan Go Network integration means Caladan’s API Liquidity counterparties can now settle trades through the Go Network, an institutional settlement network built on BitGo’s qualified custody infrastructure.

For counterparties that already hold BitGo accounts, settlement can be directed to the existing relationship without new onboarding, account setup or custody changes. The option is available immediately to all Caladan API Liquidity counterparties.