Digital asset infrastructure provider BitGo has announced the operational launch of BitGo Brasil Tecnologia Ltda., a new subsidiary aimed at strengthening its international presence and aligning with forthcoming regulations for virtual asset service providers in Brazil.
With over a decade of experience in custody solutions for digital assets, BitGo’s establishment of a local presence in Brazil is intended to ensure compliance, security, and sovereignty in providing services to financial institutions such as banks, brokerages, and asset managers. The company anticipates that future Brazilian regulations may require local management of cryptographic keys, a capability BitGo is prepared to deliver.
This strategic expansion into the Brazilian market follows BitGo’s receipt of the MiCa license in Germany, a certification that enables the company to operate under European standards. BitGo’s current focus is on building a robust foundation in Brazil, irrespective of the country’s final regulatory framework.
Luis Ayala, BitGo’s LatAm Director, stated, “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.”
BitGo has expanded its operations to include a full portfolio of corporate treasury solutions for digital assets. Beyond insured cold storage custody and OTC trading for institutional investors, these services now include automated treasury workflows, audit-ready APIs, and specialized technical support. These offerings are designed for companies seeking both security and efficiency in their crypto asset operations.
With the new Brazilian operation, these services are now delivered through a localized approach that considers Brazil’s specific economic, regulatory, and cultural context. BitGo aims to support companies that view cryptocurrencies as a strategic alternative for cash diversification, asset protection, and capital growth. The company believes that providing tailored technical and regulatory support can facilitate the institutional adoption of digital assets, contributing to market maturity and the development of more decentralized and robust financial management practices globally.
Ayala concluded, “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.”