BitGo Holdings, Inc., a leading digital asset infrastructure provider, announced that NYU Langone Health will use BitGo Bank & Trust to enable cryptocurrency donations. This move positions the academic medical center at the forefront of digital asset philanthropy, opening new channels for fundraising and engaging donors who prefer crypto contributions.
BitGo provides institutional-grade security, keeping digital donations in regulated, insured cold storage, with coverage of up to $250 million against theft, loss, or misuse. Beyond security, BitGo’s platform offers Auto Liquidation, automatically converting crypto donations into USD according to organizational policy—eliminating manual intervention, streamlining operations, and enhancing scalability.
“NYU Langone Health is one of the nation’s preeminent academic medical institutions, and we are honored to support their philanthropic initiatives by enabling secure, compliant crypto donation processing,” said Mike Belshe, CEO and Co-founder of BitGo. “Digital asset donations represent a growing area of charitable giving, and institutions need a secure, compliant, and reliable partner to facilitate these contributions. BitGo Bank & Trust is designed to provide that foundation.”
BitGo’s trading infrastructure aggregates liquidity from multiple sources globally to secure competitive pricing and execution, ensuring that the value of digital asset donations is maximized. By partnering with BitGo, NYU Langone can seamlessly integrate crypto into its fundraising operations while focusing on its clinical, research, and educational missions.
As cryptocurrency continues to gain traction in philanthropy, academic and nonprofit institutions are increasingly looking for regulated, secure, and efficient solutions to accept digital assets. BitGo’s platform offers a turnkey solution, combining custody, trading, and compliance to support the growing adoption of crypto donations in the nonprofit and healthcare sectors.
