BitGo MENA FZE (“BitGo MENA”), the digital asset infrastructure company, which already has a crypto custodian license from Dubai’s Virtual Asset Regulatory Authority (VARA) has now received another license allowing it to offer digital asset, or crypto trading to institutional clients.

The crypto broker dealer license investors can use BitGo MENA ‘s OTC trading desk and electronic trading platform for spot trading across thousands of digital assets and stablecoins. Clients will also gain aggregated access to deep liquidity from dozens of top-tier market makers and exchanges, enabling competitive pricing, reliable execution, and institutional-grade security.

Ben Choy, General Manager of BitGo MENA noted that this was a milestone and a testament to their commitment towards compliance as well as to the strength of Dubai’s progressive regulatory environment. He noted, “This approval allows us to serve institutional clients with greater scale, confidence, and integrity, while also underscoring the accelerating momentum within Dubai’s digital asset ecosystem.”

On top of offering crypto custody, BitGo will be able to offer institutional grade trading services. Nick Coombs, Managing Director of MENA Sales. “Our clients will benefit from competitive pricing and execution, alongside access to deep liquidity, with trading support for both AED and USD. Coupled with local banking facilities, we are uniquely positioned to deliver a tailored, high-performance trading experience for the MENA region. This offering is designed to provide a transformative solution for MENA clients, providing a secure, efficient, and locally optimized platform that we believe will set a new standard for institutional trading in the region.”

In May of 2025 BitGo also launched its Crypto-as-a-Service (CaaS) platform globally including the UAE to enable financial institutions, FinTechs, and enterprises to seamlessly integrate crypto functionality into their products.