TL;DR
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BitGo has launched its Singapore subsidiary as it expands its services in Asia.
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The subsidiary will offer cold storage for over 1,100 digital assets, voice trading, automated settlement, and token management for organizations.
BitGo Singapore Now Available to Institutional Investors
Leading digital asset services firm BitGo has announced the launch of its subsidiary in Singapore as it looks to expand its services in the Asia-Pacific region.
According to its announcement on Wednesday, the company said BitGo Singapore will offer cold storage for over 1,100 digital assets, voice trading, automated settlement, and token management for foundations, protocols, and other organizations.
BitGo Singapore CEO Youngro Lee stated that,
"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."
This latest development comes after BitGo obtained a Major Payment Institution License from the Monetary Authority of Singapore (MAS) earlier this year.