BitGo has reported a sharp increase in institutional demand across the Asia-Pacific region, unveiling growth metrics that suggest institutional crypto adoption is entering a new phase. The firm said its Singapore client base has tripled over the past two years, while trading volumes through BitGo Prime in Singapore more than doubled year-over-year in the first half of 2026.
The announcement, dated September 15, 2026, highlights a shift in institutional behavior: from questioning whether to engage with digital assets to determining how to do so effectively. BitGo’s APAC client base has tripled in two years, and BitGo Prime trading volumes doubled year-over-year in H1 2026. The company attributes this to a growing preference for integrated custody, trading, and financing services rather than fragmented providers.
In a related statement, BitGo emphasized that trust in stablecoin reserves is critical for broader institutional participation. The company said investors are looking for proof that stablecoins are dollar-for-dollar backed, not just issuer assurances. BitGo’s Stablecoin-as-a-Service model offers qualified custody and daily reconciliation, aiming to address transparency concerns around reserve backing.
The broader crypto market is showing mixed signals, but BitGo’s metrics and stablecoin transparency push reflect a positive institutional trend. Traders and institutions are expected to watch regulatory developments, reserve reporting standards, and competition among integrated digital asset service providers in the coming months.