BitGo Europe GmbH has officially launched its Crypto-as-a-Service (CaaS) offering across the entire European Economic Area (EEA), enabling fintechs and banks to integrate regulated digital asset services. This expansion leverages the regulatory authorization granted under the Markets in Crypto-Assets Regulation (MiCAR) framework, which BitGo Europe obtained from Germany's Federal Financial Supervisory Authority (BaFin) approximately a year ago.
The service model, previously available in the United States through BitGo Bank & Trust, is now operational across all 30 EEA countries. It allows financial institutions to deploy a suite of crypto capabilities—including custody, trading, user onboarding, and fiat on/off-ramps—via modular APIs and webhooks, without needing to build full in-house infrastructure. End-users can buy, sell, and hold supported digital assets directly within their institution's platform.
The CaaS offering includes qualified custody and wallet infrastructure insured up to $250 million, API-based onboarding, trading and settlement functionality, and SEPA-based fiat transfers within the EU. It also features configurable policy controls, spending limits, and governance settings tailored for institutional compliance.
Mike Belshe, CEO and Co-founder of BitGo, stated, "Europe is entering a new era for regulated digital asset services, and institutions want a clear, compliant path to launch." Brett Reeves, Head of EMEA at BitGo, emphasized that trust is a key differentiator, with the service combining qualified custody and enterprise-grade support.
This rollout highlights the growing institutional demand for MiCAR-aligned infrastructure as the regulation reshapes the compliance landscape. BitGo, a publicly traded company (NYSE: BTGO) with a market cap of around $1.2 billion, positions itself as a backend provider helping clients meet stringent regulatory requirements while retaining customer relationships.
