
BitGo MENA FZE (&#34;BitGo MENA&#34;), a subsidiary of BitGo Holdings, Inc. (NYSE:BTGO) (&#34;BitGo&#34;), the digital asset infrastructure company, today announced the launch of electronic trading in the Middle East and North African

<p xmlns="http://www.w3.org/1999/xhtml">
BitGo MENA FZE ("BitGo MENA"), a subsidiary of BitGo Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/BTGO">BTGO</a>) ("BitGo"), the digital asset infrastructure company, today announced the launch of electronic trading in the Middle East and North African (MENA). With this launch, clients can now access a comprehensive trading solution combining BitGo MENA's established over-the-counter (OTC) trading offering with institutional-grade electronic execution, all operating under BitGo MENA's Broker-Dealer license from Dubai's Virtual Assets Regulatory Authority (VARA).

</p><p xmlns="http://www.w3.org/1999/xhtml">
The launch further expands BitGo MENA's regulated product suite under VARA's oversight, marking another step in the region's continued buildout of institutional digital asset infrastructure amid growing demand for integrated execution and custody solutions.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"The Middle East and North Africa has quickly become one of the most exciting regions in the world for digital assets, with regulators, institutions, and innovators moving with real purpose," said Mike Belshe, CEO and Co-founder of BitGo. "BitGo's expansion in the region reflects our belief that the next phase of digital asset adoption will be built in markets with strong regulatory foundations and institutional ambition. We're excited to deepen our presence and support the growth of this ecosystem for years to come."

</p><p xmlns="http://www.w3.org/1999/xhtml">
BitGo MENA's electronic trade offering sources liquidity from leading exchanges and liquidity providers, designed to improve price efficiency and best execution quality for clients, a meaningful advantage in a region where regulated, institutional-grade market access has historically been limited.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"We've seen strong engagement across our OTC business in the region, and the launch of electronic trading creates a complete institutional offering for our clients," said Nick Coombs, Managing Director of MENA Sales at BitGo. "We believe the MENA region continues to stand out as one of the most dynamic and fast-growing digital asset markets, and our focus remains on delivering infrastructure that enables institutions to realise their ambition."

</p><p xmlns="http://www.w3.org/1999/xhtml">
A key component of the launch of electronic trading is the ability for clients to execute trades through BitGo MENA, with assets held with BitGo MENA Custody FZE, providing a regulated structure that separates execution and custody under the respective VARA-licensed entities. This integrated model allows clients to execute trades while assets remain securely held in BitGo's custody infrastructure, mitigating counterparty risk and insured up to $250M.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The UAE's progressive regulatory environment and VARA's clear VASP licensing framework have supported the development of one of the fastest-growing institutional digital asset markets globally. BitGo MENA's local-first structure positions it as one of the region's most trusted institutional partners.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Today, BitGo MENA services the region's top exchanges, platforms, hedge funds, and asset managers. The launch of electronic trading completes BitGo MENA's institutional trading stack, reinforcing BitGo's commitment to delivering secure, regulated, and scalable infrastructure to the region.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About BitGo
<br xmlns="http://www.w3.org/1999/xhtml"></br></b>BitGo (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/BTGO">BTGO</a>) is the digital asset infrastructure company delivering custody, wallets, staking, trading, financing, stablecoins, and settlement services from regulated cold storage. Since 2013, BitGo has focused on accelerating the transition of the financial system to a digital asset economy. BitGo maintains a global presence and multiple regulated entities, including BitGo Bank &amp; Trust, National Association, the first federally chartered digital asset trust bank owned by a publicly traded company. Today, BitGo serves thousands of institutions, including many of the industry&#39;s top brands, financial institutions, exchanges, and platforms, and millions of investors worldwide. For more information, visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.bitgo.com&amp;esheet=54548415&amp;newsitemid=20260607345856&amp;lan=en-US&amp;anchor=www.bitgo.com&amp;index=1&amp;md5=0bc2bb6dc07257de9595ba9c77474332" shape="rect">www.bitgo.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Forward-Looking Statement
<br xmlns="http://www.w3.org/1999/xhtml"></br></b>Certain statements in this press release constitute &#34;forward-looking statements&#34; within the meaning of the federal securities laws. Words such as &#34;may,&#34; &#34;might,&#34; &#34;will,&#34; &#34;should,&#34; &#34;believe,&#34; &#34;expect,&#34; &#34;anticipate,&#34; &#34;estimate,&#34; &#34;continue,&#34; &#34;predict,&#34; &#34;forecast,&#34; &#34;project,&#34; &#34;plan,&#34; &#34;intend&#34; or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict, that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the highly volatile nature of digital assets, technical issues in connection with the integration of supported digital assets and changes and upgrades to their underlying network, heightened scrutiny of our industry and operations, the theft, loss, or destruction of private keys required to access any digital assets held in custody for our own account or for our clients, errors in executing client transactions or managing our own trading activities, and the other factors discussed in the Company&#39;s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the &#34;SEC&#34;) on March 27, 2026, and its subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. Such forward-looking statements are based on facts and conditions as they exist at the time such statements are made and predictions as to future facts and conditions. While the Company believes these forward-looking statements are reasonable, readers of this press release are cautioned not to place undue reliance on any forward-looking statements. The information in this release is provided only as of the date of this release, and the Company does not undertake any obligation to update any forward-looking statement relating to matters discussed in this press release, except as may be required by applicable securities laws.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260607345856r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260607345856/en/" rel="nofollow">https://www.businesswire.com/news/home/20260607345856/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Media 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:press@bitgo.com" shape="rect">press@bitgo.com</a>

</p>

BTGO

BitGo MENA Launches Regulated Electronic Trading, Delivering Full Suite Trading Services to the Region

BitGo expands MENA electronic trading under VARA license with insured custody

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>BitGo MENA FZE (&amp;#34;BitGo MENA&amp;#34;), a subsidiary of BitGo Holdings, Inc. (NYSE:BTGO) (&amp;#34;BitGo&amp;#34;), the digital asset infrastructure company, today announced the launch of electronic trading in the Middle East and North African</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>BitGo announced electronic trading in MENA via its BitGo MENA entity, combining OTC with institutional-grade electronic execution under VARA licensing. The integrated model carries custody with insured protection up to $250 million, addressing counterparty risk concerns. The move supports BitGo&#039;s strategy to scale in regulated regions with institutional demand and could lift long-term revenue growth if adoption accelerates.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>BitGo MENA launches electronic trading under VARA license. OTC with electronic execution integrated.</li><li>Regulated custody insured up to $250M; assets held in BitGo custody.</li><li>UAE regulatory framework supports institutional digital-asset market expansion; BitGo aims to be trusted partner.</li><li>Electronic trading sources liquidity from major exchanges to improve price efficiency.</li><li>Executives call MENA a fast-growing, regulated market for institutional assets.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>BitGo Holdings, Inc. (BTGO)</strong>: BTGO expansion into MENA could broaden revenue streams; regulatory alignment supports growth.</li><li><strong>BitGo MENA FZE</strong>: Subsidiary enabling electronic trading; VARA-licensed and custody-insulated.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The release describes strategic expansion into a regulated MENA market, signaling diversification of BitGo’s revenue base and potential earnings trajectory, while regulatory risk remains.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>VARA licensing advances regulatory credibility and market access in the UAE.</li><li>Custody/counterparty risk protection may attract institutional clients.</li><li>Execution-custody integration could lift regional volume and take-rate.</li><li>Revenue impact depends on client adoption and asset flows.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>BitGo MENA is a VARA-licensed broker-dealer in the UAE.</li><li>Press release date: June 7, 2026.</li><li>Custody insured up to $250 million.</li><li>BitGo MENA serves top exchanges, hedge funds, and asset managers in the region.</li><li>Integrated model separates execution and custody.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>BTGO could see medium-term upside from MENA regulatory expansion and institutional uptake, with initial catalysts in 6–12 months.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
BitGo MENA FZE ("BitGo MENA"), a subsidiary of BitGo Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/BTGO">BTGO</a>) ("BitGo"), the digital asset infrastructure company, today announced the launch of electronic trading in the Middle East and North African (MENA). With this launch, clients can now access a comprehensive trading solution combining BitGo MENA's established over-the-counter (OTC) trading offering with institutional-grade electronic execution, all operating under BitGo MENA's Broker-Dealer license from Dubai's Virtual Assets Regulatory Authority (VARA).

</p><p xmlns="http://www.w3.org/1999/xhtml">
The launch further expands BitGo MENA's regulated product suite under VARA's oversight, marking another step in the region's continued buildout of institutional digital asset infrastructure amid growing demand for integrated execution and custody solutions.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"The Middle East and North Africa has quickly become one of the most exciting regions in the world for digital assets, with regulators, institutions, and innovators moving with real purpose," said Mike Belshe, CEO and Co-founder of BitGo. "BitGo's expansion in the region reflects our belief that the next phase of digital asset adoption will be built in markets with strong regulatory foundations and institutional ambition. We're excited to deepen our presence and support the growth of this ecosystem for years to come."

</p><p xmlns="http://www.w3.org/1999/xhtml">
BitGo MENA's electronic trade offering sources liquidity from leading exchanges and liquidity providers, designed to improve price efficiency and best execution quality for clients, a meaningful advantage in a region where regulated, institutional-grade market access has historically been limited.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"We've seen strong engagement across our OTC business in the region, and the launch of electronic trading creates a complete institutional offering for our clients," said Nick Coombs, Managing Director of MENA Sales at BitGo. "We believe the MENA region continues to stand out as one of the most dynamic and fast-growing digital asset markets, and our focus remains on delivering infrastructure that enables institutions to realise their ambition."

</p><p xmlns="http://www.w3.org/1999/xhtml">
A key component of the launch of electronic trading is the ability for clients to execute trades through BitGo MENA, with assets held with BitGo MENA Custody FZE, providing a regulated structure that separates execution and custody under the respective VARA-licensed entities. This integrated model allows clients to execute trades while assets remain securely held in BitGo's custody infrastructure, mitigating counterparty risk and insured up to $250M.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The UAE's progressive regulatory environment and VARA's clear VASP licensing framework have supported the development of one of the fastest-growing institutional digital asset markets globally. BitGo MENA's local-first structure positions it as one of the region's most trusted institutional partners.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Today, BitGo MENA services the region's top exchanges, platforms, hedge funds, and asset managers. The launch of electronic trading completes BitGo MENA's institutional trading stack, reinforcing BitGo's commitment to delivering secure, regulated, and scalable infrastructure to the region.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About BitGo
<br xmlns="http://www.w3.org/1999/xhtml"></br></b>BitGo (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/BTGO">BTGO</a>) is the digital asset infrastructure company delivering custody, wallets, staking, trading, financing, stablecoins, and settlement services from regulated cold storage. Since 2013, BitGo has focused on accelerating the transition of the financial system to a digital asset economy. BitGo maintains a global presence and multiple regulated entities, including BitGo Bank &amp; Trust, National Association, the first federally chartered digital asset trust bank owned by a publicly traded company. Today, BitGo serves thousands of institutions, including many of the industry&#39;s top brands, financial institutions, exchanges, and platforms, and millions of investors worldwide. For more information, visit <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.bitgo.com&amp;esheet=54548415&amp;newsitemid=20260607345856&amp;lan=en-US&amp;anchor=www.bitgo.com&amp;index=1&amp;md5=0bc2bb6dc07257de9595ba9c77474332" shape="rect">www.bitgo.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Forward-Looking Statement
<br xmlns="http://www.w3.org/1999/xhtml"></br></b>Certain statements in this press release constitute &#34;forward-looking statements&#34; within the meaning of the federal securities laws. Words such as &#34;may,&#34; &#34;might,&#34; &#34;will,&#34; &#34;should,&#34; &#34;believe,&#34; &#34;expect,&#34; &#34;anticipate,&#34; &#34;estimate,&#34; &#34;continue,&#34; &#34;predict,&#34; &#34;forecast,&#34; &#34;project,&#34; &#34;plan,&#34; &#34;intend&#34; or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict, that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the highly volatile nature of digital assets, technical issues in connection with the integration of supported digital assets and changes and upgrades to their underlying network, heightened scrutiny of our industry and operations, the theft, loss, or destruction of private keys required to access any digital assets held in custody for our own account or for our clients, errors in executing client transactions or managing our own trading activities, and the other factors discussed in the Company&#39;s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (the &#34;SEC&#34;) on March 27, 2026, and its subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. Such forward-looking statements are based on facts and conditions as they exist at the time such statements are made and predictions as to future facts and conditions. While the Company believes these forward-looking statements are reasonable, readers of this press release are cautioned not to place undue reliance on any forward-looking statements. The information in this release is provided only as of the date of this release, and the Company does not undertake any obligation to update any forward-looking statement relating to matters discussed in this press release, except as may be required by applicable securities laws.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260607345856r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260607345856/en/" rel="nofollow">https://www.businesswire.com/news/home/20260607345856/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Media 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:press@bitgo.com" shape="rect">press@bitgo.com</a>

</p>

BitGo announced electronic trading in MENA via its BitGo MENA entity, combining OTC with institutional-grade electronic execution under VARA licensing. The integrated model carries custody with insured protection up to $250 million, addressing counterparty risk concerns. The move supports BitGo's strategy to scale in regulated regions with institutional demand and could lift long-term revenue growth if adoption accelerates.

BitGo MENA Launches Regulated Electronic Trading, Delivering Full Suite Trading Services to the Region

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News