BitGo Singapore has opened a new office in Singapore as the digital-asset infrastructure provider expands its Asia-Pacific operations, two years after receiving a Major Payment Institution license from the Monetary Authority of Singapore.
The company said its APAC client base has tripled since the license was granted in August 2024, while its Singapore headcount has more than doubled. BitGo also said Singapore now hosts the largest trading desk in its BitGo Prime business, with local trading volumes more than doubling in the first half of 2026 from a year earlier.
Singapore as a regional operating base
BitGo said the office will support hiring in client coverage and business operations as it serves regulated financial institutions, payment providers, fintech companies, digital-asset businesses, governments, and accredited investors in the region.
Angela Ang, managing director for APAC and president of BitGo Singapore, said the company sees Singapore’s regulatory environment and financial ecosystem as an important foundation for its regional operations. The company received its MPI license from MAS in 2024, allowing it to provide regulated payment services within the scope of that license.
The announcement arrives as Singapore continues to position itself as a base for institutional digital-asset activity, while maintaining a licensing regime for firms providing regulated payment-token services. For service providers, that environment creates a clearer route to serve banks, funds, payment companies, and other institutions than in markets where the rules remain less settled.
Prime brokerage and custody
BitGo Prime combines trading and financing services with the company’s custody infrastructure. BitGo said its Singapore desk connects clients to a network of exchanges, market makers, and liquidity providers, and is now its largest trading desk globally.
The company did not disclose absolute client, employment, or trading-volume figures. Its reported growth rates therefore provide an indication of momentum rather than a full measure of its Singapore business. The expansion also comes as institutional demand for custody, settlement, liquidity, and compliance services grows alongside the broader use of tokenized assets and stablecoin-based payment infrastructure.
BitGo said its Singapore operations will continue to support regional clients seeking regulated access to custody, wallets, staking, trading, financing, stablecoins, and settlement services. Angela Ang and Stefan von Haenisch, head of BitGo Prime, are available for interviews on Singapore’s institutional digital-asset market and liquidity conditions.