NYSE: BTGO · BitGo
Senior Software Engineer - Accounting & Ledger Systems
Senior engineer on BitGo’s accounting ledger: accounts, postings, the chart of accounts, and the join between on-chain balances and off-chain books.
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
Private. Illiquid.
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
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
- Compensation, unless a figure appears in the header. None of these eighteen postings stated one.
- Closing date, and the day the role was first published. The board timestamp is an update.
- Visa sponsorship, on-call, and the employing subsidiary.
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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