BitGo Singapore & dtcpay forge regulated payments deal

For BitGo Singapore, the agreement adds another payments-focused relationship to its business in Asia. The company provides custody, wallets, trading, financing and settlement services tied to digital assets, and has sought to position itself with institutions that want regulated service providers rather than direct exposure to unregulated market operators.

Singapore has emerged as one of the more closely watched jurisdictions for digital asset businesses because of its licensing regime and emphasis on compliance controls. That framework has attracted firms seeking regulatory clarity, even as authorities maintain a cautious stance on consumer-facing crypto activity.

In that context, partnerships between payments companies and licensed infrastructure providers have become more common. These arrangements allow payment firms to rely on external specialists for custody and transaction infrastructure while focusing on customer acquisition and network growth.

Angela Ang, Managing Director, BitGo Singapore, said dtcpay was playing an important role in real-world digital asset adoption through regulated payment solutions.

“As dtcpay expands across new markets, our role is to provide the secure and regulated infrastructure that allows them to scale effortlessly. This collaboration reflects our shared commitment to building trusted foundations for the future of finance,” said Angela Ang, Managing Director, BitGo Singapore.

Compliance pressure

The partnership’s emphasis on trust and compliance points to a persistent issue in the digital asset sector. Corporate users and financial institutions have often been willing to test blockchain-based payment models, but many have been reluctant to do so without service providers that can demonstrate formal oversight, controls and asset protection arrangements.

That has created an opening for licensed custodians and infrastructure groups that can sit between digital asset markets and regulated financial institutions. In practice, those providers are expected to reduce operational risk, support reporting obligations and provide a clearer line of accountability than many earlier crypto service models.

Alice Liu, Founder and Chief Executive Officer, dtcpay, said those factors were central to the tie-up.

“Trust and compliance are non-negotiable in digital payments,” said Alice Liu, Founder and Chief Executive Officer, dtcpay.

“BitGo Singapore’s regulated infrastructure is the ideal foundation for dtcpay to scale our global payment network, and this partnership reflects our shared belief that the future of finance is built on security, transparency and regulatory integrity,” Liu said.

The companies also indicated that the relationship could extend beyond immediate support for dtcpay’s digital asset operations. They intend to explore further ways to improve infrastructure links and broaden partnerships in regulated digital asset markets.

BitGo was founded in 2013 and serves institutional clients as well as retail investors through its wider digital asset business. Its services span custody, wallets, staking, trading, financing and settlement, with regulated entities in multiple markets.