Riot Platforms has moved its Bitcoin custody from NYDIG Trust Company to BitGo Bank & Trust, a federally chartered national trust bank. This transition follows BitGo's acquisition of NYDIG's institutional trading business and aligns with Riot's recent repayment of a $200 million Coinbase credit facility, freeing Bitcoin collateral. The move increases regulatory oversight and may simplify Riot's asset management. Investors will watch for further details on the transfer amount and any new financing moves by Riot.
Riot Platforms' Bitcoin custody move is noted alongside Pluang's cryptocurrency market breadth, where only 5 of 50 major cryptocurrencies rose as of Oct 15, 2026 03:51 WIB. Among these, COTI showed a price of Rp209 with a 1-day change of -6.92%, UNI was at Rp127,468 down 5.95%, and SUSHI at Rp4,070 also down 5.95%. This snapshot reflects a predominantly declining market on Pluang's platform.
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