BitGo
Institutional custody accounting with multi-sig precision
Supported Features
What We Track
Connect your BitGo wallets for complete visibility into multi-signature transactions, policy-controlled transfers, and institutional-grade asset management. Coincile transforms BitGo custody data into auditable financial records.
- All wallet balances across supported chains
- Incoming and outgoing transactions
- Internal transfers between wallets
- Multi-signature approval workflows
- Policy engine rule evaluations
- Hot wallet and cold storage segregation
- Fee and gas cost attribution
Use Cases
Fund Administration
NAV calculations and investor reporting with custody-grade transaction data
Treasury Operations
Multi-wallet treasury tracking with hot/cold segregation
Compliance Reporting
Audit-ready transaction logs with policy approval evidence
Multi-Chain Custody
Unified accounting view across all BitGo-supported blockchains
Why BitGo Alone Isn't Enough for Reconciliation
BitGo provides institutional-grade custody with multi-signature security and policy controls. But custody infrastructure is not accounting software. Turning BitGo data into auditable books requires a crypto subledger.
Transaction data lacks accounting context
BitGo records asset movements and approvals, but does not assign cost basis, calculate gains, or produce journal entries. Every transfer needs classification that custody systems do not provide.
Wallet structures don't match your chart of accounts
BitGo organizes assets by wallets, enterprises, and key structures. Your books need legal entity mapping, GL accounts, and fund allocation — a layer that exists outside the custodian.
Multi-sig approvals are not accounting treatments
A 2-of-3 signed transaction is operationally complete, but the accounting question remains: is this a trade, a fee payment, a distribution, or an internal transfer?
No native GAAP or IFRS reporting
Fair value adjustments, impairment testing, and period-end close procedures require a subledger that produces the journal entries your auditors expect.
Ready to track your BitGo activity?
Join thousands of crypto professionals using Coincile for accounting and compliance.