BitGo Singapore Pte. Ltd. ("BitGo Singapore"), a subsidiary of BitGo, Inc., has officially launched its platform to offer regulated and secure digital asset custody, trading, settlement, and token management services across the APAC region. 

This launch follows BitGo's acquisition of the Major Payment Institution License from the Monetary Authority of Singapore (MAS) in August 2024.

BitGo Singapore offers regulated custody services supporting over 1,100 digital assets, the broadest coverage among custodians in the market. Utilizing multi-signature technology and backed by up to $250 million in insurance coverage, the custody service ensures unparalleled security, control, and speedy withdrawals.

Clients can access deep liquidity directly from cold storage 24/7 via API, UI, or voice trading. The platform relies on top-tier liquidity providers to ensure competitive pricing and optimal trade execution.

The Go Network mitigates counterparty risk through efficient delivery versus payment (DVP) settlement processes, enabling instant fiat and crypto transfers and exchange access without pre-funding. This increases operational and cost efficiency for clients.

Built on BitGo’s advanced security infrastructure, the token management solution provides automated, custody-native support for efficient token vesting, unlocking, and on-chain activities in a compliant and insured environment.

“We are thrilled to launch BitGo Singapore and offer the APAC region a best-in-class suite of digital assets solutions and regulated infrastructure services,” said Youngro Lee, CEO of BitGo Singapore Pte. Ltd. “Our team is committed to providing our clients with the highest quality products and services while maintaining strict regulatory standards. We look forward to further strengthening the APAC digital assets ecosystem.”

The launch underscores Singapore’s role as a central hub within the digital asset ecosystem and the increasing demand for institutional-grade solutions across the APAC region.

Yoann Turpin, co-Founder of Wintermute, stated: “Having recently expanded our own footprint in the region, we see strong potential for collaboration in addressing the sophisticated needs of institutional players. By working together, we aim to build a more robust environment for institutions and drive meaningful growth across APAC’s digital asset markets.”