NYSE: BTGO · BitGo

Senior Software Engineer - Accounting & Ledger Systems

Build BitGo's ledger in Palo Alto while the CEO says he wants prime brokerage, not custody fees, to be the business. The equity is NYSE: BTGO. Base averages $180,000–$220,000 USD, by level and location.

You are deciding whether to build the ledger that has to survive a shift from 'we store it' to 'we trade, lend, and settle it', at a listed company, in Palo Alto, on a USD base the posting calls an average.

Blockchain Lab analysis, for a candidate deciding whether to apply. We are not the employer. Compensation on this posting: Employer-stated base: $180,000–$220,000 USD. The posting says the figure is an average by leveling and location, with equity and an annual bonus outside it..

Listing age

4 days

Equity

Listed stock

IPO price

$18

Where

Palo Alto, California, United States

Status: Open on the employer board — checked 2026-10-06
Board updated: 2026-10-02 · 4 days before this check
Location: Palo Alto, California, United States
Remote eligibility: Not disclosed. The posting’s location is Palo Alto, California.
Employment: Not disclosed
Compensation: Employer-stated base: $180,000–$220,000 USD. The posting says the figure is an average by leveling and location, with equity and an annual bonus outside it.
Experience, as stored: 5+ years of backend engineering owning data models where correctness is the product. Real double-entry and chart-of-accounts knowledge is a requirement, not a plus.
Original post date: Not disclosed

Apply on the employer site The company

Event indexer with reconciliationDrop the duplicate, net 45

Decision board

Blockchain Lab analysis

Apply if

Five or more years of backend work where correctness mattered more than uptime.
You can talk double-entry, a chart of accounts, and a reconciliation without reading from a card.
You want listed stock, and you understand a 2026 IPO is not a 2023 private mark.

Do not apply if

You wanted a custody-only story. The CEO is telling you that story is ending.
You need remote. The posting says Palo Alto.
You will treat the band as a promise rather than an average.

You would own

The ledger, the chart of accounts, and the data model that has to absorb new financial products without a migration every quarter.

You would not own

It does not own trading, the CEO's strategy, or a remote exception.

What they wrote, and what we read

Employer stated

Design and extend the core ledger: accounts, postings, and the structures every product sits on.

Reading

Margin, lending, staking, and tokenized assets are named as future shape. The ledger is how a prime broker becomes real.

Employer stated

Compensation averages $180,000–$220,000 USD base, depending on leveling and location. Equity and an annual bonus sit outside it.

Reading

USD is named. 'Averages' is also named. Ask your level before you hear the midpoint as an offer.

Employer stated

Work the boundary between on-chain balances and off-chain books, including proof-of-reserve style checks.

Reading

This is where a public company's number can embarrass it. Treat the posting's proof-of-reserve clause as the job.

BitGo priced its NYSE IPO at $18 on 22 January 2026. The Wall Street Journal reported about 11.8 million shares sold and $212.8 million raised, ticker BTGO, and a debut-day close that valued the company around $2.1 billion. Mike Belshe, who started the company in 2013, told Bloomberg on 6 October 2026 that he wants prime brokerage to be all of revenue, because nobody wants to pay for custody. This seat is the books under that sentence.

The same Journal piece reported $4.19 billion of revenue in the first half of 2025 against $1.12 billion a year earlier. Read the filing before you repeat it. Crypto 'revenue' often includes pass-through that is not software margin. Your ledger is how an outsider will eventually test the claim.

Ninety days — illustrative

Not the employer’s onboarding plan.

Days 1–30: learn the chart of accounts that already exists. Do not redesign it in week one.
Days 31–60: one posting type for a product that is actually shipping, with a reconciliation test.
Days 61–90: a note on what the ledger cannot yet say about a prime-brokerage position.

A week you can rehearse

Write a two-line journal entry for a client deposit and a fee.
Say what proof of reserves is not.
Ask whether Palo Alto is five days, and what BTGO grant looks like.

Ask them

What level maps to the $180–220k average, and is Palo Alto that location?
How much of the grant is RSUs in BTGO, and what is the current trading price you are using?
Which new product — margin, lending, staking — is actually on this year's ledger roadmap?

Walk away if

The role is a finance analyst with a compiler.
They describe the stock as if the company were still the 2023 private mark.
Custody is 'still the whole job' and the CEO's October comments are news to the hiring manager.

Proof you can build before you apply

The indexer lab, aimed at reconciliation. Illustrative. Do not use client data.

Event indexer with reconciliationDrop the duplicate, net 45

The company you would actually join

Blockchain Lab analysis

Public reporting and the employer’s own releases. Not a relationship with Blockchain Lab. Not a credit opinion.

Founded: 2013, by Mike Belshe, as the Wall Street Journal described at the IPO.
Base: This seat is Palo Alto. The company has talked about other offices. The posting does not say remote.
Status: Public. NYSE: BTGO. Employee equity is stock, not a private option against a 2023 mark.
People: Mike Belshe, co-founder and chief executive. The Journal said that at the IPO he would control more than half the voting power.

BitGo spent a decade charging institutions to hold coins with a serious key ceremony. The January 2026 listing priced that franchise at $18 a share and, by the close, about $2.1 billion. The Journal also printed a first-half 2025 revenue figure of $4.19 billion, up from $1.12 billion. Treat that number as a prompt to read the 10-K. Crypto infrastructure companies have a habit of booking gross activity as revenue. Net income is the line that tells you whether the ledger you would build is a profit centre.

Eight months later the founder said the quiet part. Custody is a cost. Prime brokerage — making the client money via trading, lending, and settlement — is what he wants to be the whole company. A senior engineer on accounting and ledger systems is not a back-office courtesy in that plan. Every new product the posting names, margin and lending and staking and tokenized assets, has to land in a chart of accounts without a migration. Double-entry is the requirement they wrote down. If you cannot talk about a balance sheet, the band is irrelevant.

Founders

Mike Belshe

Co-founder and CEO

The Journal credits him with pioneering the multi-signature wallet and credits him with voting control after the IPO. On 6 October 2026 he told Bloomberg, in Singapore, that prime brokerage should become the engine and custody should stop being a cost centre. The Palo Alto ledger role sits on that sentence.

What the company sells

Custody

The historical product. Belshe told Bloomberg on 6 October 2026 that nobody wants to pay for it, and that he does not want to charge for it.

Prime brokerage

Trading, financing, settlement. He said he would like that to be 100% of revenue. The ledger seat is how new products — margin, lending, staking, tokenized assets — land in the books.

The books

Accounts, postings, chart of accounts, and the join between chain balances and financial statements, including proof-of-reserve style checks. Employer language.

Capital

IPO price

$18

January 2026. Look up BTGO before you value a grant.

Debut close

About $2.1 billion

Journal, 22 January 2026. A debut mark, not a target.

H1 2025 revenue

$4.19 billion

Journal, versus $1.12 billion a year earlier. Read the filing for what 'revenue' includes. Gross flow is not profit.

This seat's base

$180k–$220k USD

Employer calls it an average by level and location. Equity and bonus are extra.

22 Jan 2026
IPO
$212.8 million at $18
The Wall Street Journal: about 11.8 million shares at $18, above the expected range, raising $212.8 million. Ticker BTGO. Shares opened near $22.43 and closed at $18.49, a valuation the Journal put at $2.1 billion that day. Not today's price.

What should change your mind

Voting control. A listed share is not the same thing as a say.
Revenue quality. Read the filing. Do not interview on the Journal's headline figure alone.
Strategy shift in public. Prime brokerage is a different risk business from custody, including for the person who models it.
Palo Alto is the location. Do not invent a remote exception.

Ask them

What does the latest 10-Q call revenue, and what is operating income?
Is this ledger the system of record for the prime-brokerage push, or a parallel book?
What is actually published today as proof of reserves?
Equity: RSUs or options, which class, and against which trading price?

Sources

If a figure is not in those sources, it is not in this brief on purpose.

What the employer actually wrote

Employer stated. Senior engineer on BitGo’s accounting ledger: accounts, postings, the chart of accounts, and the join between on-chain balances and off-chain books.

Design and extend our core ledger — accounts, postings, and the account-type/ledger structures that every financial product is built on.
Own the chart-of-accounts and reporting surface that connects engineering data to financial statements and downstream reporting.
Work across the boundary between on-chain data and off-chain books: balance verification, reconciliation, and proof-of-reserve style mechanisms.
Partner with engineering teams early in the design process to make sure new features correctly model legal entity ownership, ledger placement, pricing, and reconciliation paths — before they ship, not after.
Design data models that can absorb new financial products (margin, lending, staking, tokenized assets, and more) cleanly, without repeated painful migrations.

Source: the employer’s public Greenhouse record, job 8857516002. Open the original. First seen by this desk 2026-10-06. Nothing above the fold is a substitute for that page.

A reading of the work

Blockchain Lab analysis. These lines are a reading of the advertisement. They are not extra hiring requirements.

Draw a double-entry for a deposit that reorgs.
Proof-of-reserve style checks are named in the posting. Ask what is actually published.
The CEO said this month he wants prime brokerage, not custody fees, to be the business. This ledger is that shift.

Still not disclosed

Anything the compensation line does not already quote. A printed band is the employer’s sentence for the place they named — not a Blockchain Lab estimate, and not a promise for every location on the posting.
Closing date, and the day the role was first published. The board timestamp is an update.
Visa sponsorship, the real on-call rota, and the employing subsidiary, unless the posting already named them.

Not a recommendation to apply. Not an employer assessment. Figures from public reporting move, and a database is not a filing. How this desk labels evidence. Report a listing.

BitGo · Palo Alto, California, United States · pay employer-stated base: $180,000–$220,000 usd. the posting says the figure is an average by leveling and location, with equity and an annual bonus outside it.

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