BitGo gets BaFin greenlight to supercharge crypto services in Europe
BitGo, a digital asset infrastructure provider that handles over $100 billion in assets under custody, has been granted an extension of its existing licence from Germany’s Federal Financial Supervisory Authority (BaFin), allowing it to expand its crypto services for European clients.
Via its local arm, BitGo Europe, it can offer custody, staking, transfer, and trading. Institutional clients will also have an over-the-counter (OTC) trading desk and several liquidity venues available.
The extension expands BitGo’s current Markets-in-Crypto-Assets (MiCA) license to include trading and its custody, transfer, and staking services counterparts.
Europe’s cryptocurrency revenue is expected to surpass $26 billion in 2025, as Germany…
