In 2012, BitGo CEO Mike Belshe was impressed by the technology behind Bitcoin and the emerging cryptocurrency market, appreciating the power it held to transform financial markets as we know them. 

He began manually building air-gapped storage systems for himself and many prominent angel investors in Silicon Valley. 

As an internet pioneer and creator of the HTTP/2.0 protocol, however, Mike had witnessed the rise-and-rise of malware on the Internet.

As Bitcoin prices rose, he feared crypto would likewise come under threat and his hobbyist’s state-of-the-art air-gapped solution would be insufficient.

As he searched for a solution. It became clear he needed to invent his own. Mike then pioneered the first commercially ready multi-signature wallets. These early projects led to the creation of BitGo in 2013 and has become the foundation of BitGo’s multi-signature system.