Market News

German Approval for Bitgo: Enhancing Crypto Trading Services in Europe

Bitgo Europe GmbH has recently received approval from BaFin, allowing it to offer regulated crypto trading services from Frankfurt, Germany.

This development enables European institutional investors to access Bitgo’s crypto OTC trading desk and electronic trading platform for spot trading across a wide range of digital assets and stablecoins.

The platform is designed to aggregate liquidity from numerous sources, including various market makers and exchanges, ensuring competitive pricing and quality execution.

Following its earlier license approval under the Markets in Crypto-Assets (MiCA) framework in May 2025, Bitgo Europe can now provide multiple services, such as custody, staking, transfers, and trading.

All services are offered under a MiCA-compliant regulated custody model, emphasizing secure asset management.

Assets will be maintained in cold storage, which significantly enhances their security.

Bitgo characterizes its offerings as a comprehensive institutional solution aimed at improving capital deployment efficiency while ensuring robust regulatory compliance.

These advancements reflect the growing maturity and acceptance of the cryptocurrency ecosystem in Europe.

As Bitgo enhances its service offerings, it stands to gain a competitive edge in the rapidly evolving crypto landscape.

This approval not only reinforces Bitgo's commitment to security and compliance but also showcases the potential for institutional investors in the European crypto market.