BitGo Promotes Chen Fang to Chief Operating Officer and Hires Victor Tsou as Vice President of Engineering

BitGo, the leader in digital asset financial services, recently announced the promotion of Chen Fang to Chief Operating Officer and the appointment of Victor Tsou to Vice President of Engineering. Mr. Fang and Mr. Tsou will be responsible for driving BitGo's operational strategy and execution as the company continues to deliver institutional-grade custodial,trading and finance solutions to investors, fintech firms, and crypto native platforms that own digital assets. Mr. Fang and Mr. Tsou will both report to Mike Belshe, CEO of BitGo.

Mr. Fang most recently served as BitGo's Chief Product Officer, overseeing all facets of the company's product development and strategic vision. Prior to joining BitGo, Mr. Fang co-founded Lumina, an institutional-grade portfolio management suite for digital assets that was acquired by BitGo in early 2020. He has also managed product development teams at Zenefits, a full-service payroll provider, and at Microsoft, and has over a decade of diversified experience in the fintech sector.

Mr. Tsou has a proven track record of more than 20 years of success in engineering, with nearly 10 years in fintech. He most recently was Senior Director of Engineering at Affirm, where he led efforts in loan servicing, payments processing, international expansion, and consumer products. He previously also led engineering teams at Block in data, enterprise merchants, and gift cards.

"We have worked diligently to build and launch institutional-grade web3, DeFi and custodial solutions. That's what the industry needs more than ever - whether you're a fiduciary or retail investor," said Mike Belshe, CEO BitGo. "This market environment offers an opportunity to build and it is important to promote and bring top talent to lead our teams, product roadmap and take BitGo to the next level. Chen and Victor are invaluable for our future progress and our clients as we expand our suite of institutional-grade solutions for the industry."