BitGo Opens Crypto-as-a-Service Platform to Financial Firms Across the EEA

The initiative aims to allow regulated financial institutions to integrate digital asset capabilities, including custody, trading and fiat conversion, directly into their existing platforms using modular APIs. The rollout makes the infrastructure available across all 30 countries in the EEA, marking one of the company’s most significant expansions into regulated European markets.

The launch arrives at a time when Europe’s digital asset sector is undergoing a structural shift following the implementation of the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. MiCA has introduced a unified licensing regime for crypto service providers across the bloc, allowing firms that obtain authorization in one member state to operate across the wider European market.

BitGo said its European offering is built around this regulatory framework, giving financial institutions a way to introduce digital asset services while remaining compliant with regional rules. The service enables partners to integrate features such as onboarding, custody infrastructure, trading capabilities, and fiat on- and off-ramps directly into their applications or customer interfaces.

Mike Belshe, CEO and Co-founder of BitGo, said: “Europe is entering a new era for regulated digital asset services, and institutions want a clear, compliant path to launch. By expanding Crypto-as-a-Service across the EEA through BitGo Europe GmbH, we’re enabling regulated businesses to bring crypto products to market faster - without compromising on security, controls, or operational resilience.”

The company’s Crypto-as-a-Service model is designed to provide the technical infrastructure behind digital asset offerings while allowing financial institutions to maintain their own branded user experiences. Using BitGo’s APIs and webhooks, banks and fintech companies can enable their customers to buy, sell, and hold cryptocurrencies through secure wallet systems integrated into their platforms.

The platform includes several institutional-grade features, such as multi-asset wallets supported by qualified custody, insurance coverage of up to $250 million for custodial wallets (subject to terms), and programmable compliance controls that allow businesses to define permissions, spending limits, and transaction policies.

The service also integrates onboarding workflows and identity verification tools that allow companies to conduct customer checks through automated API-based KYC processes. In addition, the platform connects fiat payment systems with cryptocurrency networks through Single Euro Payments Area (SEPA) rails, enabling users to move between traditional currencies and digital assets within the same interface.

BitGo executives say trust and governance are central considerations for financial institutions entering the crypto sector, particularly in regulated markets such as Europe.

Brett Reeves, Head of EMEA at BitGo, stated: “Trust is the differentiator in Europe’s regulated crypto market. BitGo’s CaaS combines qualified custody, configurable policy controls, and enterprise-grade operational support - so European businesses can offer crypto services with the governance and protections their customers expect.”

The expansion builds on a model BitGo has already implemented in the United States through BitGo Bank & Trust, a federally chartered digital asset trust institution. By extending similar infrastructure into Europe through its German entity, the company is positioning itself as a compliance-focused provider for financial institutions exploring digital asset services under MiCA’s regulatory structure.

Founded in 2013, BitGo has grown into one of the largest providers of institutional digital asset infrastructure, offering custody, wallet technology, trading services, staking, and settlement solutions for financial institutions and crypto platforms. The company’s platform reportedly secures more than $100 billion in digital assets and serves thousands of institutional clients worldwide.

Across Europe, the rollout of MiCA is already influencing how banks and financial institutions approach digital assets. Rather than building crypto custody systems internally, many institutions are choosing to work with specialized infrastructure providers that can deliver compliant technology and operational support.

The launch of BitGo’s Crypto-as-a-Service platform reflects that broader trend. By providing a turnkey infrastructure layer, the company is positioning itself as a backend provider that allows financial institutions to introduce crypto functionality without developing their own custody or settlement systems from scratch.