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Custody and administration news

Liquid Mercury chooses BitGo as CaaS provider


04 June 2026 US
Reporter: Matthew Challis

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Image: phive2015/stock.adobe
Liquid Mercury, a technology provider for digital asset marketplaces, has chosen BitGo — along with its subsidiary, BitGo Bank & Trust — as its crypto-as-a-service (CaaS) provider.

Liquid Mercury intends for the collaboration to bring qualified custody and US Office of the Comptroller of the Currency (OCC)-regulated compliance to all of its products.

BitGo will handle the layers of custody, liquidity, and compliance, with its CaaS infrastructure providing Liquid Mercury’s offerings with multi-signature cold storage, insurance coverage of up to US$250 million, and compliance frameworks.

Clients of Liquid Mercury’s trading platforms — Mercury Pro, Mercury OTC, and Mercury RWA — will benefit directly from the integration.

Commenting on the collaboration, Chen Fang, chief revenue officer at BitGo, says: “By combining Liquid Mercury’s advanced trading technology with BitGo’s crypto-as-a-service infrastructure, Liquid Mercury’s clients are secured with qualified custody and OCC-regulated compliance.”

Tony Saliba, CEO of Liquid Mercury, adds: “As we continue to scale our platform and onboard sophisticated institutional participants, custody is not just a feature; it's foundational.

“Our clients demand the same institutional-grade infrastructure they’re accustomed to in traditional markets, and BitGo delivers exactly that.”
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