US crypto custodian BitGo announced the launch of its Singapore subsidiary on Thursday, offering regulated token management services to the broader Asia Pacific region. The launch comes after BitGo obtained the Major Payment Institution License from the Monetary Authority of Singapore in Aug. 2024. BitGo Singapore allows clients to access deep liquidity directly from cold storage. Its trading platform is accessible via API, user interface, or voice trading. The platform connects with top liquidity providers to ensure competitive pricing. The platform also enables automated settlement, allowing institutional clients to trade.
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