BitGo Expands in Europe with BaFin License for Regulated Crypto Trading

Highlights:

• BitGo is expanding in Europe with BaFin approval for regulated custody, staking, and trading services.
• Institutions gain unified access to custody, trading, and settlement within one regulated platform.
• The move strengthens Europe’s institutional crypto ecosystem and accelerates market adoption.

BitGo Europe GmbH, which is a subsidiary of BitGo based in Frankfurt, has obtained approval from the BaFin in Germany to expand its license. The extension will enable the company to add regulated crypto trading services within the European Union. This achievement reinforces BitGo as one of the limited companies that provide custody, staking, and trading services in a single regulated market.

BitGo Expands in Europe with Unified Services

In November 2023, BitGo was the first to be licensed by BaFin to enable regulated custody of digital assets. The company added a MiCA license for custody, staking, and transfer in May 2025. BitGo is currently able to provide trading services on its platform after receiving approval from BaFin. Both the OTC and electronic trading can be accessed by the institutions with the help of the regulated system offered by BitGo.

BREAKING:

🇪🇺 BITGO JUST GOT MiCA LICENSE TO OFFER CRYPTO SERVICES IN EUROPE! pic.twitter.com/zWRCPIdmWY

— Coinvo (@ByCoinvo) September 17, 2025

The growth simplifies the operations of the institutions. Separate custodians and exchanges are no longer necessary for pension funds, asset managers, and other investors. Instead, trading and settlement occur through a single MiCA-compliant system. This integrated model leads to a less complex model that ensures safe cold storage.

Building a Complete Institutional Platform

The new product of the company includes thousands of cryptocurrencies and stablecoins. Its trading desk offers a combination of access to the liquidity of the leading exchanges and market makers. This enables clients to trade at favorable prices without risking their assets.

At the beginning of this year, BitGo collaborated with Copper on building a network of in-custody trading. The program links trades on a controlled setting where no assets ever move out of custody. The acquisition illustrates how BitGo has been keen on enhancing the institutional crypto infrastructure in Europe.

BitGo and @CopperHQ partnered to enable clients to trade derivatives on @DeribitExchange while assets are secure in regulated qualified custody.

How does this change the game for BitGo and Copper Clients? 🧵👇 pic.twitter.com/Nxs1aNkjbw

— BitGo (@BitGo) February 20, 2025

Brett Reeves, who is the Head of European Sales and Go Network at BitGo, emphasized the importance of the move.

He stated:

“Institutions obtain liquidity, reliability and regulatory assurance. Clients are now able to trade in a seamless manner, knowing that their assets are in MiCA-compliant custody.”

Impact on the European Digital Asset Market

The authorization highlights the effort of Europe to increase secure digital asset infrastructure for huge investors. Moreover, certain institutions that are afraid of risk or are uncertain about the regulations can now be reassured by the regulated structure of BitGo.

The move of BitGo into regulated trading puts it in the category of competitors, which includes Coinbase and Kraken, in the region. In addition, its in-built solution of custody, staking, trading, and settlement on a single license, however, makes it unique.

BitGo Europe now has the capability to serve its clientele throughout the EU because of its base in Frankfurt. Combining custody with high-performance trading has provided the institutions with the capability to invest capital more effectively. Further, the regulatory clarity will promote the wider usage of digital assets in Europe.

With the achievement of custody and trading in the supervision of BaFin, BitGo is growing in Europe, offering a one-stop solution to institutional investors. This development enhances confidence in digital assets, besides increasing efficiency and transparency in the market.