BitGo Opens New Singapore Office, Deepening Commitment to Asia Pacific

BitGo is expanding its Singapore footprint with a new office, larger BitGo Prime trading desk, and continued hiring to serve APAC institutions.

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Two years after receiving its MAS licence, BitGo reports a tripled APAC client base, doubled Singapore headcount, and growing prime brokerage volumes.

SINGAPORE--(BUSINESS WIRE)-- BitGo Singapore Pte. Ltd. (“BitGo Singapore”), a subsidiary of BitGo Holdings, Inc. (NYSE: BTGO) (“BitGo” or “Company”), the digital asset infrastructure company, today announced the opening of its new Singapore office, expanding its presence in Asia Pacific as Singapore serves as the Company's regional hub.

The opening comes two years after BitGo Singapore received its Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS) in August 2024. Since then, BitGo Singapore’s headcount has more than doubled and BitGo’s client base across Asia Pacific has tripled. BitGo's diverse client base across the region include governments, regulated financial institutions, payment service providers, fintechs, digital asset businesses, and high-net-worth and accredited investors.

“Two years ago, BitGo Singapore received its MPI license from MAS, and since then, we have built a real home for BitGo in the region,” said Angela Ang, Managing Director, APAC and President, BitGo Singapore. “We believe the growth we've seen since then comes down to something simple — institutions across the region are trusting us with more of their business, more often. Our job is to be that steady hand to help our clients navigate the future of finance. As institutional digital asset adoption accelerates across the region, Singapore’s regulatory rigor and thriving financial ecosystem provide a strong foundation for BitGo’s continued growth in APAC.”

Singapore is also home to the largest trading desk within BitGo Prime, the Company's institutional trading and financing business. BitGo Prime connects clients to global liquidity from a network of exchanges, market makers and liquidity providers, integrating trading with BitGo’s custody infrastructure. BitGo Prime’s trading volumes in Singapore have more than doubled in the first half of 2026 compared to the same period last year.

“Singapore puts us where our Asia Pacific clients are and connects them to the same global liquidity network we offer institutions around the world,” said Stefan von Haenisch, Managing Director and Head of BitGo Prime. “The growth of the desk here is a reflection of the increasingly important role Asia Pacific plays in BitGo’s global business.”

The new office will support continued hiring across client coverage and business operations roles in Singapore, as the company continues to build its presence to serve institutional demand for regulated digital asset infrastructure across Asia Pacific.

About BitGo
BitGo (NYSE: BTGO) is the digital asset infrastructure company delivering custody, wallets, staking, trading, financing, stablecoins, and settlement services from regulated cold storage. Since 2013, BitGo has focused on accelerating the transition of the financial system to a digital asset economy. BitGo maintains a global presence and multiple regulated entities, including BitGo Bank & Trust, National Association, the first federally chartered digital asset trust bank owned by a publicly traded company. Today, BitGo serves thousands of institutions, including many of the industry's top brands, financial institutions, exchanges, and platforms, and millions of investors worldwide. For more information, visit www.bitgo.com.

Forward-Looking Statements
Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict, that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the highly volatile nature of digital assets, technical issues in connection with the integration of supported digital assets and changes and upgrades to their underlying network, heightened scrutiny of our industry and operations, the theft, loss, or destruction of private keys required to access any digital assets held in custody for our own account or for our clients, errors in executing client transactions or managing our own trading activities, and the other factors discussed in the Company's Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the "SEC") on March 27, 2026, and its subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. Such forward-looking statements are based on facts and conditions as they exist at the time such statements are made and predictions as to future facts and conditions. While the Company believes these forward-looking statements are reasonable, readers of this press release are cautioned not to place undue reliance on any forward-looking statements. The information in this release is provided only as of the date of this release, and the Company does not undertake any obligation to update any forward-looking statement relating to matters discussed in this press release, except as may be required by applicable securities laws.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260902319591/en/

Media Contact:
bitgo@headstream.agency

Source: BitGo Holdings, Inc.

Key Terms

major payment institution (mpi) licence regulatory

A major payment institution (MPI) licence is a regulatory authorization that permits a firm to provide payment services—such as sending or receiving payments, holding or moving customer funds, or issuing payment instruments—at a scale that meets statutory thresholds set by a financial regulator. It matters to investors because an MPI designation brings stronger capital, safeguarding, governance and reporting requirements and closer supervision, similar to a small business moving from a basic permit to a full commercial license that allows larger volumes and greater regulatory scrutiny.

prime brokerage financial

A prime brokerage is a bundle of front- and back-office services provided by large financial firms to professional investors such as hedge funds; it includes safekeeping of assets, trade execution, margin financing, securities lending and operational support. Think of it as a one-stop backstage team that supplies muscle, credit and logistics so active investors can trade more efficiently and with leverage—information that matters to investors because the choice of prime broker affects funding costs, counterparty risk and a fund’s ability to operate smoothly.

accredited investors regulatory

Accredited investors are individuals or entities considered to have enough financial knowledge and resources to understand and handle more complex and risky investments. They are often allowed to participate in private investment opportunities that are not available to the general public, similar to how experienced players might access exclusive clubs or events. This status helps ensure that investors can manage potential risks and rewards appropriately.

liquidity providers financial

Liquidity providers are firms, trading desks, or automated systems that constantly offer to buy and sell a security so other market participants can trade quickly. They matter to investors because they reduce the gap between buy and sell prices, lower transaction costs, and make it less likely you’ll be unable to trade at a fair price. Think of them as extra hands at a busy market counter that keep trades flowing smoothly and prices more predictable.