BitGo Secures German Regulatory Green Light for Crypto Trading Platform
BREAKING: Crypto custody giant BitGo just smashed through another regulatory barrier—Germany's financial watchdog BaFin approved their full-scale trading operations.
REGULATED CRYPTO GOES MAINSTREAM
BitGo's German subsidiary now operates as a fully regulated crypto exchange and custody provider. This isn't just another license—it's Europe's most coveted regulatory stamp of approval. German investors finally get institutional-grade crypto access without crossing borders.
THE BULLISH IMPLICATIONS
This approval signals that serious players can navigate Europe's strict financial regulations. BitGo beat traditional banks to the punch—while they're still figuring out blockchain, crypto natives are eating their lunch. German institutional money now has a compliant on-ramp, potentially unlocking billions in dormant capital.
Because nothing says 'legitimate asset class' like German regulators giving their blessing—though let's be honest, they probably still prefer gold bars.
From Custody to Full-Service Trading
BitGo has been steadily building its European presence. In May 2025, the firm obtained a Markets in Crypto-Assets (MiCA) license covering custody, staking, and transfers. The latest approval expands those services into trading, with liquidity sourced from market makers and exchanges directly integrated into BitGo’s cold-storage system.
“This step means clients can execute trades and keep assets safe without leaving the regulated custody perimeter,” said BRETT Reeves, BitGo’s head of European sales.
Competitive Landscape
The move places BitGo in direct competition with other major players like Coinbase and Kraken, which already offer trading and custody in the region. Earlier this year, BitGo also announced a collaboration with custody provider Copper to expand its “in-custody” trading network, aiming to attract large exchanges into a ring-fenced environment.
READ MORE:Institutional Impact
For institutional investors, from pension funds to asset managers, the change could simplify crypto exposure. Instead of juggling multiple custodians and exchanges, they can now trade and settle within one MiCA-compliant system while benefiting from regulatory oversight.
“Institutions need DEEP liquidity and reliable execution, but they also need the assurance of regulatory oversight,” Reeves added. “We’re aiming to provide both in one place.”
Why It Matters
The BaFin approval highlights Europe’s maturing crypto regulatory environment and BitGo’s ambition to position itself as a one-stop shop for institutional investors. By combining custody with trading, BitGo is targeting one of the sector’s biggest challenges: making digital asset markets safer and more efficient for traditional finance.