BitGo Establishes Official Presence in Brazil to Offer Crypto Custody and Digital Treasury Services to Financial Institutions

SÃO PAULO--(BUSINESS WIRE)--BitGo, a leading digital asset infrastructure company, today announces the operations launch of BitGo Brasil Tecnologia Ltda., its Brazilian subsidiary established to reinforce the company’s commitment to international expansion and alignment with upcoming regulations for virtual asset service providers.

With over a decade of experience in custody solutions, products, and services for digital assets, BitGo believes that ongoing discussions in Brazil are moving toward requiring local management of cryptographic keys, a capability the company is already prepared to deliver. By establishing a local presence, BitGo aims to ensure compliance, security, and sovereignty in providing services to financial institutions such as banks, brokerages, and asset managers.

The decision to enter the Brazilian market follows the company’s receipt of the MiCa license in Germany, one of the industry’s most rigorous certifications, which enables BitGo to operate under European standards. The current focus is on building a strong foundation in Brazil, regardless of the country’s final regulatory outcome.

“We want banks to see us as allies. We are prepared to meet any demands that arise, with security, technology, and respect for local laws. Even if the legislation takes another path, we will remain here as partners of Brazilian institutions,” says Luis Ayala, BitGo’s LatAm Director.

Recently, the company expanded its operations with a full portfolio of corporate treasury solutions for digital assets. In addition to insured cold storage custody and OTC trading for institutional investors, BitGo offers automated treasury workflows, audit-ready APIs, and highly specialized technical support. These services were developed for companies seeking not only security but also efficiency and control in their crypto asset operations.

With the new Brazilian operation, these services are now offered through a truly localized approach, taking into account Brazil’s economic, regulatory, and cultural context. BitGo is prepared to support companies that view cryptocurrencies as a strategic alternative for cash diversification, asset protection, and capital growth. The company believes that by providing technical and regulatory support tailored to the national reality, it is possible to unlock institutional use of digital assets, contributing to market maturity and the development of new, more decentralized, robust, and trend-globally-aligned financial management.

“BitGo Brasil represents not just a geographical expansion but our commitment to the sustainable development of the local crypto ecosystem, offering robust infrastructure tailored to Brazil’s economic and regulatory landscape, with a focus on institutional trust,” concludes Luis Ayala.

About BitGo

BitGo is the leading infrastructure provider of digital asset solutions, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have focused on enabling our clients to securely navigate the digital asset space. With a large global presence through multiple regulated entities, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, as well as millions of retail investors worldwide. As the operational backbone of the digital economy, BitGo handles a significant portion of Bitcoin network transactions and is the largest independent digital asset custodian, and staking provider, in the world. For more information, visit www.bitgo.com.