TLDR
- BitGo secures BaFin license extension, boosting crypto services in Europe
- BaFin expands BitGo license for EU crypto custody, trading, and staking
- BitGo wins BaFin approval to expand regulated crypto trading in Europe
- With BaFin license extension, BitGo strengthens its EU crypto footprint
- BitGo gains EU boost: BaFin clears path for trading, custody, and staking
BitGo has received a significant license extension from Germany’s BaFin, enabling it to expand crypto services across Europe. With this new approval, BitGo Europe will offer clients regulated crypto custody, staking, transfer, and trading services. The move strengthens BitGo’s foothold in the European crypto market, which is projected to hit $26 billion in revenue this year.
BitGo Europe Receives BaFin License Extension
Germany’s Federal Financial Supervisory Authority (BaFin) has granted BitGo Europe an extension to its Markets-in-Crypto-Assets (MiCA) license. This expansion allows BitGo to operate regulated trading services in addition to its existing custody, staking, and transfer offerings. As a result, BitGo now delivers an integrated platform for institutional crypto services in the EU.
The firm confirmed that its regulated trading services will operate from Frankfurt, Germany, under the extended license. These services include access to over-the-counter (OTC) crypto trading and spot trading of digital assets and stablecoins. BitGo aims to offer clients deep liquidity, competitive execution and quality trade settlement.
BitGo’s expansion aligns with growing regulatory clarity in Europe, making the continent a key market for compliant digital asset operations. MiCA provides a unified legal framework, encouraging traditional institutions to explore crypto safely. This license extension positions BitGo as a comprehensive crypto infrastructure provider across Europe.
Strategic Positioning in a Growing Market
BitGo’s expansion comes as Europe’s crypto sector undergoes rapid institutionalization and regulatory maturity. With over $100 billion in assets under custody, BitGo is leveraging its scale to support demand for compliant infrastructure. The firm’s strategic focus is to offer services that meet the needs of both traditional financial players and crypto-native firms.
The European crypto market is forecasted to reach $26 billion in revenue in 2025, led by countries like Germany. Statista highlights Germany as a leader in digital asset adoption, aided by supportive laws and institutional engagement. BitGo’s move strengthens its local presence and enables it to serve clients in this high-growth environment.
Institutional activity in Europe is accelerating due to better trading frameworks and access to regulated products. BitGo plans to support this shift by combining regulated custody with advanced execution services. Its platform ensures secure asset management and efficient market access for all participants.
Enhanced Services for Institutional Clients
BitGo Europe’s clients will benefit from a full suite of crypto services through the newly licensed platform. These include custodial storage, staking of digital assets, seamless transfers, and now, direct trading capabilities. The offering aims to remove friction from crypto operations while upholding strong compliance standards.
The OTC desk and electronic trading platform offer connectivity to multiple liquidity venues including exchanges and market makers. This structure enables clients to execute trades at competitive prices with fast and secure settlement. BitGo also ensures that assets remain in cold storage under MiCA-compliant custody throughout.
With this upgrade, BitGo offers a seamless trading and custody experience designed for security and efficiency. European institutions now gain access to high-performance infrastructure tailored for growing digital asset exposure. The firm intends to remain a trusted partner as Europe’s crypto market continues to mature.
