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BitGo named issuer of FYUSD stablecoin
BTGO
New Projects/Investments
Product Launch
- BitGo Bank & Trust will act as the issuer and primary custodian of FYUSD, a U.S. dollar-backed stablecoin developed by New Frontier Labs LLC.
- FYUSD is designed for institutional adoption in Asian markets, aiming to extend U.S.-grade regulatory and custody standards into Asia's digital asset ecosystem.
- The stablecoin is structured in alignment with the GENIUS Act framework, emphasizing transparency, reserve protection, and operational compliance for institutional users.
Feb 20, 2026, 1:00 PM
BitGo Holdings Files Amended Corporate Documents Post-IPO
BTGO
Legal Proceedings
- BitGo Holdings, Inc. filed its Amended and Restated Certificate of Incorporation and Amended and Restated Bylaws on January 23, 2026, in connection with the closing of its initial public offering.
- The company's authorized capital stock totals 3,600,000,000 shares, comprising 3,300,000,000 shares of Common Stock (Class A and Class B), 100,000,000 shares of Blockchain Common Stock, and 200,000,000 shares of Preferred Stock.
- The capital structure includes a dual-class common stock system where Class A Common Stock carries one (1) vote per share, and Class B Common Stock carries fifteen (15) votes per share.
- Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the holder's option or automatically upon certain events, such as the 15th anniversary of the Public Offering Date.
- The Delaware Court of Chancery is designated as the exclusive forum for certain corporate claims, and federal district courts for claims under the Securities Act.
Jan 23, 2026, 9:15 PM
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