Crypto custody and infrastructure leader BitGo has taken a decisive step toward public markets, filing for an initial public offering that could raise up to $200 million and value the firm at nearly $2 billion. The move, set for a late January debut on the New York Stock Exchange, represents a significant milestone for institutional crypto infrastructure, signaling growing maturity and regulatory acceptance within the sector. With over $104 billion in digital assets under its management, BitGo’s public listing is poised to be a bellwether for the convergence of traditional finance and digital asset services.
about BitGo Files for $200M IPO, Targets $2B ValuationBafin
0 in Finance and 0 in Crypto last weekGermany’s BaFin Warns Banks on AI Concentration Risks
Germany’s Federal Financial Supervisory Authority (BaFin) has issued a direct warning to the nation’s banking sector, highlighting systemic vulnerabilities emerging from the opaque consolidation within the artificial intelligence industry. Banking supervision chief Nikolas Speer cautioned that the financial system’s growing dependence on a handful of foreign technology giants, driven by AI adoption, poses a significant and difficult-to-monitor risk to financial stability.
about Germany's BaFin Warns Banks on AI Concentration RisksBest Crypto Wallets in Germany
As cryptocurrency adoption surges in Germany, investors are seeking reliable platforms to manage their digital assets. This comprehensive guide analyzes the top five crypto wallets available to German users, comparing their unique features and regulatory compliance. From tax tools to high-yield earning opportunities, these platforms offer diverse solutions for both beginners and experienced traders navigating the dynamic German crypto landscape.
about Best Crypto Wallets in GermanyBullish Europe First to List SocGen’s USDCV Stablecoin
Bullish Europe has made history by becoming the first exchange to list Société Générale-Forge’s USD CoinVertible (USDCV) stablecoin. This landmark listing operates under the oversight of both BaFin and the EU’s MiCA framework. The move significantly expands access to regulated digital assets for European investors.
about Bullish Europe First to List SocGen's USDCV StablecoinBitGo Files for IPO with $90B in Assets Under Custody
Leading cryptocurrency custodian BitGo has filed for an initial public offering on the New York Stock Exchange, marking a significant milestone for the institutional crypto sector. The firm’s S-1 filing reveals $90.3 billion in assets under custody and substantial revenue growth, though net profits declined. CEO Michael Belshe will maintain control through a dual-class share structure as the company expands its European operations under newly obtained regulatory approvals.
about BitGo Files for IPO with $90B in Assets Under CustodyBitGo Expands German License for Crypto Trading
BitGo has secured regulatory approval from Germany’s BaFin to expand its digital asset services into trading, marking a significant milestone for institutional crypto adoption in Europe. The license extension allows its Frankfurt-based subsidiary to offer OTC and electronic trading for cryptocurrencies like BTC, ETH, and BNB, as well as stablecoins including USDT and USDC. This move strengthens BitGo’s position as a regulated gateway amid Europe’s projected $26 billion crypto revenue by 2025, with Germany leading as a key hub.
about BitGo Expands German License for Crypto TradingBitGo Expands German License for EU Crypto Services
BitGo has secured an expanded license from Germany’s BaFin, broadening its crypto service offerings across Europe. The extension enables custody, staking, transfers, and trading for institutional clients. This move intensifies competition in a European crypto market projected to reach $26 billion in revenue this year.
about BitGo Expands German License for EU Crypto ServicesEURAU Stablecoin Launches Amid Euro Stablecoin Market Growth
AllUnity, a venture backed by Deutsche Bank’s DWS, Flow Traders, and Mike Novogratz’s Galaxy, has launched EURAU, a euro-pegged stablecoin on the Ethereum blockchain. The stablecoin is regulated by Germany’s BaFin and aligns with the EU’s MiCA framework. Despite euro stablecoins accounting for only 0.2% of the stablecoin market, the segment has grown 60% since late 2024. EURAU’s entry aims to capitalize on this growth, offering a compliant and regulated alternative in the crypto space. The launch marks a significant step in expanding euro-backed digital assets under strict regulatory oversight.
about EURAU Stablecoin Launches Amid Euro Stablecoin Market GrowthArchax Expands EU Footprint with Deutsche Digital Assets Buy
London-based Archax, known for tokenizing real-world assets (RWAs), has finalized its acquisition of Deutsche Digital Assets (DDA), a BaFin-regulated German firm managing $70M in crypto ETPs. The deal grants Archax access to DDA’s institutional distribution network and expands its regulatory permissions across Europe. This follows Archax’s earlier purchase of Spanish broker KSCM, reinforcing its ambition to build a comprehensive EU-UK digital asset infrastructure. The firm’s collaboration with Ripple, including the launch of the UK’s first tokenized money market fund on XRP Ledger (XRPL), highlights its focus on institutional-grade DeFi. With XRPL’s speed, security, and upcoming features like decentralized lending, Archax is positioning itself as a leader in the $16T tokenized asset market projected by 2030.
about Archax Expands EU Footprint with Deutsche Digital Assets BuyStrata Joins Ethena to Boost sUSDe Yield Products
Strata, a new protocol within the Ethena Network, is pioneering structured financial products built around sUSDe and real-world assets (RWAs). By introducing risk tranching, Strata enables investors to select tailored risk-return profiles, transforming stablecoins into versatile investment tools. Ethena Labs has officially endorsed Strata, which will develop composable products like tokenized bonds and on-chain mutual funds. Meanwhile, Ethena continues expanding its ecosystem, integrating with TON wallets and enabling fiat purchases via Alchemy Pay. Regulatory shifts, including BaFin’s approval of USDe redemptions, signal Ethena’s global restructuring. ENA, Ethena’s native token, surged 19% after its Upbit listing and is now under Grayscale’s consideration, reflecting strong market confidence.
about Strata Joins Ethena to Boost sUSDe Yield ProductsDeutsche Bank’s AllUnity Gets BaFin License for EURAU Stablecoin
AllUnity, a stablecoin venture co-founded by Deutsche Bank and asset manager DWS, has obtained an E-Money Institution (EMI) license from Germany’s BaFin. This regulatory green light enables the issuance of EURAU, a fully regulated euro-pegged stablecoin compliant with the EU’s Markets in Crypto-Assets Regulation (MiCA). The stablecoin will feature institutional-grade proof-of-reserves and financial transparency, positioning it as a trusted digital asset for institutional and retail users in the evolving European crypto landscape.
about Deutsche Bank's AllUnity Gets BaFin License for EURAU StablecoinSparkassen to Offer Crypto Trading to 50M Customers by 2026
Sparkassen-Finanzgruppe, Germany’s largest banking group, plans to offer crypto trading services to its retail customers by summer 2026, reversing its earlier cautious stance. The decision follows the EU’s MiCA regulation, which provides a unified legal framework for crypto across member states. Sparkassen’s subsidiary, Dekabank, secured a crypto custody license from BaFin and will manage the platform, enabling trades in Bitcoin and Ethereum. The move aligns with a broader trend among European banks, as demand for regulated crypto products grows. However, German regulators remain vigilant, citing increased crypto-related suspicious activity reports. Sparkassen’s entry could significantly boost crypto adoption among its 50 million customers.
about Sparkassen to Offer Crypto Trading to 50M Customers by 2026