BitGo, a digital asset infrastructure company, has announced that its European subsidiary has received an expanded license from Germany's Federal Financial Supervisory Authority (BaFin). This extension allows BitGo to offer cryptocurrency custody, staking, transfers, and regulated trading services across Europe. Previously, in May 2025, BitGo was granted a MiCA license by BaFin. The latest expansion includes trading qualifications and opens over-the-counter (OTC) trading desks and multiple liquidity channels for institutional clients. According to Statista, the European crypto market is projected to generate $26 billion in revenue by 2025, with Germany leading in regional adoption.