BitGo has secured an extension of its BaFin license, allowing BitGo Europe to provide crypto trading services alongside custody, staking, and transfer. Institutional clients will also have access to OTC desks and multiple liquidity venues. This expansion builds on BitGo's MiCA license granted in May 2025, which enables services to both crypto-native and traditional EU-based institutions. The move strengthens BitGo's presence in Europe's growing crypto market, projected to reach $26 billion in 2025, with Germany leading adoption.