BitGo’s MiCA Expansion Reshapes Institutional Crypto Trust in Europe

BitGo, a digital asset infrastructure provider with more than $100 billion in assets under custody, has expanded its European operations with a regulatory milestone. The company recently received an extension of its Markets in Crypto-Assets (MiCA) license from Germany’s Federal Financial Supervisory Authority (BaFin), now enabling it to offer regulated crypto trading services to institutional and traditional financial clients in the European Union. This builds upon its initial MiCA license obtained in May 2025, which allowed BitGo to provide custody, staking, and transfer services. With this latest approval, BitGo Europe GmbH, the company’s Frankfurt-based subsidiary, can now facilitate both over-the-counter (OTC) and electronic trading across thousands of digital assets and stablecoins.

The extension of the MiCA license marks a broader expansion strategy for BitGo in Europe. The company, which already holds registrations in several EU member states including Italy, Spain, Poland, and Greece, is now operating under a unified regulatory framework across the entire EU. Harald Patt, Managing Director of BitGo Europe GmbH, emphasized the importance of this achievement, stating that it aligns with the company’s commitment to high standards of security, transparency, and trust. This regulatory clarity under MiCA has been a key driver for institutional adoption of crypto assets in Europe, as it reduces the complexity and uncertainty previously associated with cross-border operations.

The new trading capabilities offered by BitGo are particularly relevant for institutional investors such as pension funds, asset managers, and large financial entities, which require not only liquidity and efficient execution but also regulatory oversight and asset protection. BitGo’s platform allows these clients to conduct all transactions within a MiCA-compliant framework, eliminating the need to use multiple exchanges or custodians. Brett Reeves, Head of European Sales and Go Network at BitGo, described the offering as a “game-changer” for institutions seeking to participate in digital assets safely and efficiently. The platform also enables deep liquidity access while ensuring that assets remain securely stored under regulated custody, reducing counterparty risk and enhancing overall operational efficiency.

The expansion of regulated crypto services in Europe is expected to further strengthen the digital asset ecosystem and attract more institutional players. BitGo now joins a growing list of EU-regulated crypto providers, including Bybit, Coinbase, Kraken, Bitvavo, and Gemini, which have also secured MiCA licenses. This growing regulatory maturity in the region is a positive tailwind for the crypto market, as it enhances credibility and fosters a more stable environment for innovation. Statista projects that cryptocurrency revenue in Europe will reach $26 billion in 2025, with Germany leading adoption in the region. This growth is supported by increased collaboration between crypto-native companies and traditional finance institutions, as well as a more consolidated market landscape.

The approval of BitGo’s trading services also highlights the broader institutional interest in crypto assets, which has been rising alongside improvements in infrastructure and the emergence of crypto exchange-traded products (ETPs). Regulatory advancements in regions like Europe and the United Arab Emirates have contributed to this trend, while the United States continues to deliberate on its own market structure bill. The European Union’s adoption of MiCA has been instrumental in this shift, as it provides a harmonized approach to regulation and promotes institutional confidence. As the sector continues to evolve, BitGo’s regulated trading platform is positioned to support both traditional and crypto-native institutions in their digital asset strategies.

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