BitGo has reportedly received a Markets in Crypto-Assets Regulation (MiCA) license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling the company to offer regulated digital asset services across the European Union.
This regulatory milestone marks a major “expansion for BitGo Europe GmbH, which was established in Frankfurt in 2023 as BitGo’s EU headquarters.”
The entity already holds registrations in “several member states, including Italy, Spain, Poland, and Greece.”
With the MiCA license now secured, BitGo can operate “across the entire EU under a unified, forward-looking regulatory framework.”
Harald Patt, Managing Director of BitGo Europe GmbH said:
“We are proud to receive our MiCA license from BaFin, and look forward to supporting the continued growth of crypto adoption in Europe. This license underscores our commitment to the highest standards of security, transparency, and trust.”
The European Union has quickly become a global hub for digital asset innovation, driven “by MiCA’s clear, harmonized approach to regulation. From staking to stablecoins, the new framework has accelerated institutional participation while increasing trust in the market.”
BitGo is now positioned to serve crypto-native companies and traditional financial institutions—such “as banks and asset managers—looking to engage with digital assets through a secure, compliant infrastructure provider.”
The company continues to expand its suite of services, which “includes custody, wallets, staking, trading, and settlement.”
With this latest milestone, BitGo notes that it reinforces its role “as a key player in shaping the future of digital finance across Europe.”
As covered rrecently, BitGo, the digital asset qualified custodian and staking provider, is pleased to announce SOL Strategies, Inc., as its Solana validator partner.
This latest partnership strengthens Solana’s institutional staking services, combining BitGo’s security with SOL Strategies technical expertise.
Founded in 2013, BitGo says it has been at the forefront of institutional digital asset security, custody, and liquidity, serving “over 2,000 clients across 90 countries.”
With the institutional demand for staking—following the approval of Solana futures ETFs in the U.S.—this collab enables clients to stake with SOL Strategies’ ISO-27001 certified Solana validators, while leveraging BitGo’s infrastructure.
Staking has emerged as a component of the digital asset ecosystem, “allowing investors to earn rewards while securing blockchain networks.”
With the recent rise in adoption Solana has had, BitGo recognized SOL Strategies’ expertise “in running institutional grade, highly performant Solana validators.”