Prime Highlights-
- BitGo MENA has launched regulated electronic trading services under Dubai’s virtual asset regulatory framework.
- The platform combines trading, custody and OTC services to support institutional digital asset investors in the region.
Key Facts-
- BitGo provides custody, trading and settlement services for institutional clients worldwide.
- The new service operates under Dubai’s Virtual Assets Regulatory Authority (VARA) licence, integrating custody and execution systems for digital asset trading.
Background-
BitGo MENA has rolled out regulated electronic trading in the Middle East and North Africa under Dubai’s framework, giving institutional clients more ways to trade digital assets.
The new service allows clients to access electronic trading along with existing over-the-counter services, creating a combined platform for execution and trading. It operates under BitGo MENA’s broker-dealer licence issued by Dubai’s regulatory authority.
Clients can trade digital assets while custody is provided through BitGo MENA Custody FZE. The setup separates trading and custody functions to improve transparency and reduce counterparty risk.
The trading system sources liquidity from multiple exchanges and providers to improve pricing efficiency and execution quality. The company said the model is designed to support institutional investors who require secure and regulated market access in the region.
Executives at BitGo said the Middle East and North Africa region has become one of the fastest-growing markets for digital assets, supported by regulatory development and increasing institutional participation. They added that the launch expands the company’s ability to serve clients with a full trading and custody infrastructure.
The company already serves exchanges, hedge funds, asset managers and financial platforms across the region. The introduction of electronic trading completes its institutional service offering, combining trading, custody and settlement functions under regulated entities.
The United Arab Emirates has continued to strengthen its position as a global hub for digital asset services through clear licensing frameworks and regulatory oversight. The latest development reflects growing demand for structured financial infrastructure in the sector.
