Full-Time
Posted on 3/21/2025
Custodial and security services for digital assets
CA$180k - CA$240k/yr
Senior
Toronto, ON, Canada
BitGo provides secure and efficient solutions for institutional clients in the digital currency market, focusing on cryptocurrencies like Bitcoin. The company offers custodial services to securely store digital assets, multi-signature wallets that require multiple approvals for transactions, and APIs for easy integration into client platforms. Additionally, BitGo provides staking services that allow clients to earn rewards by validating transactions on blockchain networks. Unlike many competitors, BitGo emphasizes compliance with regulatory requirements, such as the FATF Travel Rule, ensuring that clients can navigate the complexities of the digital currency market safely. The goal of BitGo is to support institutional investors by offering essential services that enhance security and compliance in managing digital assets.
Company Size
201-500
Company Stage
Series C
Total Funding
$170.5M
Headquarters
Palo Alto, California
Founded
2013
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Company-paid medical, dental, and vision plans
Catered lunches, fresh snacks, and gourmet coffee
Commuting made easy with company-paid Caltrain passes
Competitive compensation, stock options, and 401k plan
Computer equipment and workplace furniture
Flexible vacation time
BitGo broke ground for its EU headquarters in Frankfurt in 2023 as part of a broader push to expand across the Eurozone.
BitGo expands in Europe after opening its Frankfurt headquarters and gaining local approvals in key EU countries.
Create an account to save your articles.Create an account to save your articles.In brief BitGo has become one of the first U.S. firms to receive approval under the EU's unified crypto rules.The license enables institutional crypto custody services throughout Europe without country-specific approvals.The move comes as Europe irons out the implementation of its comprehensive digital asset framework.Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENEBitGo has secured regulatory approval from Germany's Federal Financial Supervisory Authority, BaFin, enabling the U.S. crypto custody provider to expand its services across the European Union's member countries.The license positions BitGo as one of the first American digital asset firms to gain recognition under the EU's Markets in Crypto-Assets (MiCA) framework, a unified regulatory system, rolling out crypto custody services for its institutional clients across the bloc this year.BitGo has received a MiCA license from BaFin, marking a significant milestone in our European expansion. This approval extends our digital asset services across the EU—supporting both crypto-native companies and TradFi institutions, including banks and asset managers, seeking a… pic.twitter.com/wuyf6P01kg — BitGo (@BitGo) May 12, 2025Receiving the approval shows its "commitment to the highest standards of security, transparency, and trust," Harald Patt, managing director of the company's European arm, said in a statement released Monday.BitGo broke ground for its EU headquarters in Frankfurt in 2023 as part of a broader push to expand across the Eurozone.Since launching its BitGo Europe subsidiary, the firm has secured registrations in countries including Italy, Spain, Poland, and Greece. Its approval from BaFin enables it to operate across all 27 EU member states under a single regulatory framework.The company joins other crypto businesses that have pursued EU credentials, including Circle and Crypto.com.What is the MiCA framework?The Markets in Crypto-Assets regulation is the European Union's first comprehensive legal framework for crypto assets.Passed by the European Parliament in April 2023, MiCA aims to harmonize rules across EU member states, covering stablecoins, exchanges, and custodial services
Based in Frankfurt, Germany, BitGo Europe GmBH was established in 2023 as BitGo's European headquarters and with registrations in multiple jurisdictions, including Italy, Spain, Poland and Greece. The European Union (EU) has emerged as a leading region for crypto innovation following the introduction of its MiCA regulations, providing a clear regulatory framework for digital assets. BitGo's MiCA licence comes at a pivotal moment as BitGo expands its product suite to offer a broad range of institutional-grade digital asset solutions
Then again, the alliance between Voltage and Bitgo has introduced the LN to the institutional discipline.