BitGo secures OCC approval and completes NYSE listing
The digital asset infrastructue group said regulatory approvals and a New York Stock Exchange listing strengthen its institutional services
BitGo received approval from the Office of the Comptroller of the Currency to convert its subsidiary, BitGo Bank & Trust, into a federally chartered trust bank for digital assets and completed an initial public offering on the New York Stock Exchange.
The company said in a statement these moves bolster its ability to serve institutional partners with stronger governance, regulatory alignment, and operational resilience. The filing also noted BitGo holds a Markets in Crypto-Assets Regulation, or MiCAR, license from the Federal Financial Supervisory Authority, BaFin, to provide regulated services across the European Union.
Related reading
- Starbucks taps Adyen for payments at over 900 European stores
- Adyen stock drops as platform volumes spook market, despite jump in revenue
- Palantir wins US defence authorisation to deploy software at the battlefield edge
The company added that the regulatory approvals and licenses apply to BitGo’s entities and services. It said these approvals do not constitute approval or endorsement of any ETF, ETP, or investment product.
The company described the actions as part of an expansion intended to support institutional custody and staking offerings.
The Recap
- BitGo won OCC approval to convert BitGo Bank & Trust.
- Completed an initial public offering on the New York Stock Exchange.
- Approvals and licenses do not endorse any ETF or product.
