BitGo rolls out MiCA-compliant crypto services across EEA
BitGo Europe GmbH has rolled out its crypto-as-a-service platform across the European Economic Area, allowing banks and fintech firms to integrate regulated crypto custody, trading, and fiat on- and off-ramps in line with the EU’s Markets in Crypto-Assets (MiCA) framework.
The company said in a Tuesday announcement that its API-driven infrastructure is now available in all 30 EEA markets, enabling institutions to embed wallet, onboarding, and settlement capabilities directly into their products. The service features multi-asset wallets and Single Euro Payments Area (SEPA) fiat rails.
BitGo noted that custodial wallets carry insurance coverage of up to $250 million, subject to applicable terms, and include configurable policy controls and 24/7 operational support. Partners can facilitate the purchase, sale, and custody of Bitcoin (BTC) and other supported digital assets within their existing interfaces, with settlement executed through BitGo’s infrastructure.
The offering was previously available in the United States via BitGo Bank & Trust and is now operating in Europe through BitGo Europe GmbH, the firm’s locally regulated entity. Founded in 2013, BitGo provides institutional services including custody, wallets, staking, trading, financing, stablecoins, and settlement.
The company listed on the New York Stock Exchange on Jan. 22 under the ticker BTGO. As of Tuesday, shares traded at $10.20, down about 1.6% on the day and approximately 20% since the listing, according to Yahoo Finance.
Regulated custody footprint grows across Europe
The expansion aligns with a broader increase in regulated digital asset custody in Europe following the implementation of MiCA, as financial institutions formalize services under the EU’s licensing regime. Several banks have chosen to collaborate with specialized crypto providers rather than build proprietary custody solutions.
In July, Deutsche Bank advanced its crypto custody plans through partnerships with Bitpanda’s technology division and Swiss digital asset infrastructure firm Taurus. In September, Spain’s BBVA said it would use Ripple’s institutional custody platform to support its Bitcoin and Ether (ETH) trading and safekeeping services, citing MiCA compliance.
At the market infrastructure level, Clearstream, part of Deutsche Börse, announced it would provide Bitcoin and Ether custody and settlement for institutional clients via its Swiss subsidiary, Crypto Finance AG.
Others are structuring services through licensed European entities. In January, Standard Chartered said it would launch digital asset custody in Europe after securing a license in Luxembourg, establishing a dedicated EU entity to deliver the service.
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