BitGo Europe has partnered with Warsaw-based crypto trading platform Bielik.io to facilitate the Polish exchange’s migration from Poland’s legacy Virtual Asset Service Provider regulatory framework. The partnership, announced today, will see Bielik.io integrate BitGo Europe’s Crypto-as-a-Service infrastructure to support its operational transition. BitGo Europe is a subsidiary of NYSE-listed BitGo Holdings, a major digital asset infrastructure provider.
The deal highlights growing regulatory pressure on crypto platforms in Poland to modernize their compliance frameworks and upgrade technical infrastructure. For Bielik.io users, the integration should provide enhanced custody and trading infrastructure backed by institutional-grade security. The partnership also signals BitGo’s continued European expansion, targeting regional exchanges navigating evolving VASP regulations across EU member states.
FXnCO Insight
Crypto platforms operating under legacy European regulatory frameworks face mounting pressure to upgrade infrastructure partnerships, creating opportunities for established institutional service providers to capture market share in Central and Eastern European markets.
Source: Finextra