Prime Highlights

• BitGo Europe has launched a MiCAR-compliant Crypto-as-a-Service platform to help crypto firms across the EU transition from expiring national registration regimes.
• The platform offers regulated custody, trading, and wallet services through modular APIs, allowing businesses to maintain their existing customer-facing experience.

Key Facts

• BitGo Europe is authorised by Germany’s Federal Financial Supervisory Authority as a crypto-asset service provider under the EU’s Markets in Crypto-Assets Regulation.
• BitGo Holdings, listed on the NYSE, is a digital asset infrastructure company that has operated since 2013, serving thousands of institutions and millions of investors globally.

Background

A Crypto-as-a-Service platform has been unveiled by BitGo Europe, the European subsidiary of BitGo Holdings, an organisation that provides digital asset infrastructure. The new platform aims to enable the crypto asset service providers to migrate into the new European Union framework on the Markets in Crypto-Assets Regulation.

The transition is particularly pressing for businesses operating in Poland and Lithuania, two markets that historically drew crypto firms under national registration rules. Lithuania’s legacy regime ended at the close of the final month of last year, while Poland faces a deadline in the first week of next month.

BitGo Europe holds authorisation from Germany’s Federal Financial Supervisory Authority as a crypto-asset service provider under the regulation. Through its modular API-based platform, eligible businesses can embed regulated custody, transfer, and trading services into their existing customer experience without overhauling their front-end operations.

The platform includes wallet infrastructure with client asset segregation, programmatic onboarding and identity verification, trading and settlement services, euro funding and withdrawal facilities, and insurance coverage for custodial wallets of up to $250 million, subject to conditions.

BitGo chief executive Mike Belshe said the company was built for moments where security, regulation, and scalable technology must converge. Chief operating officer Jody Mettler added that the platform allows businesses to move quickly to a regulated model while retaining their brand identity and customer relationships.

The service is available to eligible businesses across the European Economic Area.