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BitGo Secures South Korean VASP License as First Foreign-Owned Company

Its Asia-Pacific client base tripled after its Singapore license, and its Singapore desk is BitGo Prime’s largest globally.

A steel vault door beyond a quiet institutional entrance / TokenPost.ai
A steel vault door beyond a quiet institutional entrance / TokenPost.ai

BitGo secured a VASP license in South Korea, becoming the first foreign-owned company to do so.

BitGo also holds a Major Payment Institution license in Singapore, granted in Aug. 2024. Its Asia-Pacific client base tripled after that license, and its Singapore desk became BitGo Prime’s largest globally as the company expanded its Singapore operations.

Riza Dagoc

Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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