BitGo Singapore, the regulated subsidiary of digital asset infrastructure firm BitGo Holdings (NYSE: BTGO), has made two strategic moves to solidify its position in the Asia-Pacific institutional market. On June 17, it announced a partnership with dtcpay, a Singapore-based digital payments company, to provide custody, settlement, and security infrastructure for dtcpay’s stablecoin-focused payment network. The following day, BitGo revealed the appointment of former Monetary Authority of Singapore (MAS) insider Angela Ang as Managing Director of APAC and President of BitGo Singapore, signaling a deeper compliance-driven institutional push.
The dtcpay agreement grants the payments firm access to BitGo’s regulated tools, aiming to enhance operational efficiency and asset security across key markets. dtcpay, which shifted exclusively to stablecoin payments in 2025, dropping Bitcoin and Ethereum support, already enables merchants like department store chain Metro to accept USDT, USDC, WUSD, and FDUSD. The partnership is expected to strengthen that stablecoin payment infrastructure, with both companies planning future cooperation in connectivity and ecosystem expansion.
Meanwhile, Angela Ang’s hire underscores BitGo’s belief that compliance architecture is the primary differentiator for winning institutional mandates in APAC. Ang spent over a decade at MAS, leading the team that designed Singapore’s crypto licensing regime, and most recently served as APAC public policy head at TRM Labs. BitGo’s COO noted her “experience at the intersection of regulation, market infrastructure, and commercial growth” will be critical as the firm competes for custody and settlement business from banks and sovereign wealth funds. BitGo Singapore, already licensed as a Major Payment Institution, also recently introduced MiCA-compliant infrastructure in Europe, reflecting a global compliance-first strategy.
