BitGo Europe GmbH says it will now offer Crypto as a Service across Europe, including the European Economic Area (EEA). BitGo received a Markets in Crypto-Assets Regulation (MiCA) license from Germany’s Federal Financial Supervisory Authority (BaFin) a year ago.
Founded in 2013, BitGo has long provided institutional digital asset security, custody, and liquidity, serving more than 2,000 clients across 90 countries. BitGo became a publicly traded company (NYSE: BTGO) earlier this year, and currently has a market cap of around $1.2 billion. BitGo Bank & Trust, National Association, is the first federally chartered digital asset trust bank owned by a publicly traded company.
Mike Belshe, CEO and co-founder of BitGo, said we are entering a new era of regulated crypto, and their expansion of CaaS in Europe will bring crypto products to market faster without compromising security and resilience.