BitGo Expands MiCA License for EU Crypto Trading Services
Digital asset custodian BitGo has extended its Markets in Crypto Assets (MiCA) license from Germany’s BaFin, enabling its European arm to launch regulated crypto trading services. Building on the initial MiCA license granted in May 2025, the extension covers on-chain trading, OTC desks, staking, transfers and access to multiple liquidity venues for institutional clients across the EU. BitGo manages over $100 billion in assets under custody and is positioning itself to capture growth in Europe’s crypto market, forecast to generate $26 billion in revenue by 2025. Analysts say the MiCA license extension will boost market liquidity, strengthen regulatory clarity and foster wider adoption among European investors. BitGo has also filed confidentially for a US public listing, underscoring its expansion strategy amid strong institutional demand for regulated crypto services.
Bullish
The extension of BitGo’s MiCA license is bullish for the crypto market because it expands regulated trading, custody and staking services to institutional clients across the EU. In the short term, this development should boost trading volumes and liquidity through new on-chain and OTC venues. Over the longer term, the clear regulatory framework and enhanced infrastructure will likely attract further institutional capital, strengthen market confidence and support price appreciation in major cryptocurrencies.