BitGo links self-custody wallets to Hyperliquid via WalletConnect

BitGo Holdings, Inc. (NYSE: BTGO) announced that eligible clients using its self-custody hot wallets can now connect those wallets to Hyperliquid through WalletConnect, allowing access to Hyperliquid perpetual markets without creating a separate wallet.

After a one-time activation, clients can place, modify, and close orders on Hyperliquid without providing a new BitGo wallet signature or making a separate onchain gas payment for each order. Hyperliquid trading and other applicable fees may still apply.

Deposits and withdrawals that require a BitGo wallet transaction continue to follow the wallet's configured approval policies, including any multi-user approval requirements. The connection between the client's BitGo wallet and Hyperliquid is established without exposing private keys, according to the company's press release.

"Institutional traders should not have to build a new wallet stack every time they access onchain venue," said Mike Belshe, CEO and Co-founder of BitGo.

The capability is available to eligible existing BitGo self-custody hot wallet clients. It is not available to clients in the United States, United Kingdom, Canada, or other jurisdictions where access to leveraged digital asset derivatives is restricted.

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