BitGo is pleased to announce that BitGo Custody MENA FZE (BitGo MENA) has received a Virtual Assets Service Provider (VASP) operating license to provide Virtual Asset Custody Services and Staking, from Dubai’s Virtual Assets Regulatory Authority (VARA). BitGo Custody MENA FZE now offers secure regulated custody and staking services to institutional and qualified investors across the region.
This milestone follows our in-principle approval earlier this year and reinforces BitGo’s long-term commitment to building regulated, localized infrastructure for the digital asset economy.
Meeting MENA’s Growing Demand for Regulated Infrastructure
The UAE has quickly established itself as a global hub for digital assets, driven by forward-looking regulation and strong institutional interest. However, market participants still face critical gaps—namely the need for secure, compliant, and locally rooted solutions they can trust.
BitGo MENA is able to fill those gaps by providing investors in the region with access to industry-leading regulated custody and staking, directly from cold storage. With secure multi-signature and MPC technology, robust insurance coverage up to $250M, and seamless one-click staking, BitGo MENA is uniquely designed to offer investors unparalleled protection and operational efficiency.
Locally Operated, Globally Trusted
BitGo MENA is a reflection of BitGo’s broader international strategy to provide clients with the infrastructure and confidence required to successfully scale their businesses. This local-first model ensures institutions benefit from regulatory independence while maintaining compliance with applicable international legal frameworks and global standards for security.
BitGo MENA’s approval by Dubai’s VARA is just the beginning. As part of this expansion, BitGo is continuing to enhance its platform, enabling MENA-based institutions to access a broader suite of services.
Contact us to learn how BitGo MENA can help you grow your digital asset strategy in the UAE.
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BitGo is the digital asset infrastructure company, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have been focused on accelerating the transition of the financial system to a digital asset economy. With a global presence and multiple regulated entities, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, and millions of retail investors worldwide. For more information, visit www.bitgo.com.
©2025 BitGo, Inc. (collectively with its parent, affiliates, and subsidiaries, “BitGo”). All rights reserved. BitGo Bank & Trust, National Association (“BitGo Bank & Trust”) is a national trust bank chartered and regulated by the Office of the Comptroller of the Currency (OCC). BitGo Bank & Trust is a wholly-owned subsidiary of BitGo Holdings, Inc., a Delaware corporation headquartered in Palo Alto, California. Other BitGo entities include BitGo, Inc. and BitGo Prime LLC, each of which is a separately operated affiliate of BitGo Bank & Trust.
BitGo does not offer legal, tax, accounting, or investment advisory services. The information contained herein is for informational and marketing purposes only and should not be construed as legal, tax, or investment advice. You should consult with your own legal, tax, and investment advisor for questions about your specific circumstances.
Digital assets are subject to a high degree of risk, including the possible loss of the entire principal amount invested. Past performance and illustrative examples do not guarantee future results. The value of digital assets can fluctuate significantly and may become worthless. No BitGo communication is intended to imply that any digital asset services are low-risk or risk-free. BitGo is not a registered broker-dealer and is not a member of the Securities Investor Protection Corporation (“SIPC”) or the Financial Industry Regulatory Authority (“FINRA”). Digital assets held in custody are not guaranteed by BitGo and are not subject to the insurance protections of the Federal Deposit Insurance Corporation (“FDIC”) or SIPC. Custody and other digital asset services are subject to eligibility, jurisdictional, and regulatory restrictions. Availability of specific products and services may vary by location and entity.
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