Crypto infrastructure provider BitGo has been cleared by Germany’s financial regulator BaFin to expand its European licence to cover trading services. The move allows the company’s Frankfurt-based subsidiary, BitGo Europe GmbH, to operate regulated spot trading for institutional investors across the EU, shares the company on PR Newswire.
BitGo’s European business already held a Markets in Crypto-Assets Regulation (MiCA) licence from BaFin, granted in May 2025. The new extension adds trading to its existing custody, staking and transfer services.
According to the company, clients will be able to use its OTC desk and electronic trading platform to execute spot trades in a broad range of digital assets and stablecoins. Access is aggregated across multiple liquidity providers, including market makers and exchanges.
Broader regulatory landscape
With the approval, BitGo positions itself among the relatively few firms in Europe licensed to combine custody and trading under MiCA. The company says this integration will enable institutions to trade while keeping assets in regulated cold storage.
