Overview

• The Frankfurt-based subsidiary can now offer over-the-counter services and an electronic venue covering thousands of digital assets and stablecoins.
• The expansion builds on BitGo’s May 2025 MiCA authorization for custody, staking, and transfers, creating a single regulated platform for institutional clients.
• Clients can source liquidity from market makers and exchanges through BitGo while maintaining assets in segregated cold storage under EU rules.
• BitGo’s integrated model positions it in direct competition with providers like Coinbase and Kraken that combine trading with regulated custody in Europe.
• BaFin first licensed BitGo Europe for custody in November 2023, and the new approval formally adds trading to that regulatory permission.