BitGo Expands in Europe with BaFin License Approval for Crypto Trading

BitGo, a leading crypto infrastructure provider, is significantly expanding its services in Europe. The company announced that its subsidiary, BitGo Europe GmbH, has successfully received an extension of its license from Germany's Federal Financial Supervisory Authority (BaFin) to offer regulated crypto trading services across the continent. With this new license, BitGo now provides institutional clients in the EU access to its crypto OTC trading desk and electronic trading platform, enabling seamless spot trading across a wide range of digital assets and stablecoins.

The approval, which extends BitGo's existing Markets in Crypto-Assets Regulation (MiCA) license obtained in May 2025, marks a significant milestone for the company and the European digital asset ecosystem. European investors can now benefit from BitGo's extensive liquidity sources, which include top-tier market makers and exchanges, ensuring competitive pricing and high-quality execution.

Brett Reeves, Head of European Sales and Go Network at BitGo, emphasized the importance of this development for the broader market. "We are thrilled to bolster our European platform and enable our clients to trade seamlessly, competitively, and confidently," Reeves said. "This is a game-changer for any institution looking to operate safely and efficiently in the digital assets markets."

By offering a comprehensive suite of crypto custody, staking, and trading services, BitGo Europe aims to serve as a one-stop solution for institutional investors. With this launch, BitGo is one of the few regulated custodians in Europe to offer an integrated platform encompassing custody, trading, staking, and settlement. The platform is designed to help institutions deploy capital efficiently while ensuring their assets remain secure in cold storage under MiCA-compliant, regulated custody.

This move positions BitGo Europe as a key player in the maturing digital asset space in Europe, where demand for secure and regulated services is growing rapidly. The integration of high-performance execution with robust security measures provides European institutions with the infrastructure needed to thrive in the ever-evolving crypto markets.