BitGo Expands Regulated Crypto Services Across European Economic Area
BitGo has expanded its crypto-as-a-service platform to all 30 European Economic Area (EEA) countries, allowing banks and fintechs to embed regulated crypto custody, trading, and fiat settlement into their existing products. This move follows the EU's Markets in Crypto-Assets framework.
The platform is delivered through an API and includes multi-asset wallets, Single Euro Payments Area (SEPA) fiat rails, and onboarding and settlement tools. Custodial wallets are insured up to $250 million, subject to terms, with configurable policy controls and around-the-clock operational support included.
BitGo has operated since 2013 and serves institutional clients globally with custody, staking, trading, financing, stablecoin, and settlement products. The company listed on the New York Stock Exchange (NYSE) on January 22 under the ticker BTGO and was trading at $10.20 on Tuesday, down roughly 1.6% on the day and approximately 20% since its IPO.
BitGo's expansion positions the firm as a regulated infrastructure provider for European institutions that seek compliant access to digital assets without building the underlying custody stack themselves.