BitGo Singapore and dtcpay have announced a strategic partnership to build regulated infrastructure for digital asset payments across the Asia-Pacific region. According to the Tuesday announcement, the deal will allow dtcpay to leverage BitGo Singapore's institutional-grade custody, trading, and settlement capabilities to enhance its existing merchant payment network. The partnership, announced on June 17, 2026, pairs dtcpay's established merchant network with BitGo's regulated infrastructure, creating a comprehensive payment solution within a single regulatory framework. Financial terms of the deal were not disclosed, with the collaboration marking the beginning of a broader relationship between the companies aimed at meeting growing institutional demand and improving operational efficiencies in digital asset transactions.
Both companies hold Major Payment Institution licenses from the Monetary Authority of Singapore for Digital Payment Token services, ensuring the entire transaction pipeline from customer wallet to merchant settlement operates within a single regulatory framework. BitGo Singapore operates as a subsidiary of BitGo Holdings, the digital asset infrastructure company listed on the New York Stock Exchange under BTGO. The unit launched in November 2024, roughly three months after receiving its MPI license from MAS in August 2024. dtcpay, formally known as Digital Treasures Center Pte Ltd, has been licensed in Singapore since 2022, giving it a meaningful head start in the city-state's regulatory ecosystem. The partnership reflects their shared commitment to building secure, compliant, and scalable infrastructure for businesses and institutions operating at the intersection of digital assets and traditional finance.
Under the partnership, dtcpay plans to utilize BitGo Singapore's digital asset infrastructure as it builds out its global payment network. The collaboration will focus on stronger operational capacity, better asset security, and wider payment connectivity. BitGo Singapore offers institutional clients a suite of services including digital asset custody, trading, and automated settlement through what the company calls its Go Network. Angela Ang, managing director of BitGo Singapore, emphasized that dtcpay plays a role in 'real-world digital asset adoption' and that BitGo Singapore provides 'secure and regulated infrastructure' as dtcpay expands into new markets. The partnership reflects their shared belief that the future of finance is built on security, transparency, and regulatory integrity.
BitGo Holdings Inc. operates within the financial services sector with a market capitalization of approximately $630.82 million, positioning it as a notable player in the industry. The company's GF Score™ of 15/100 indicates significant room for improvement in key performance metrics, with particular weaknesses in profitability ranking only 2 out of 10. However, BitGo's financial strength is rated at 6 out of 10, reflecting a relatively stable balance sheet despite profitability challenges. The stock's price-to-sales (P/S) ratio of 0.03 is remarkably low and close to its one-year low, suggesting potential undervaluation based on sales performance. Recent insider activity shows 4 sales totaling approximately $7,298,760 in the past 12 months, indicating potential concerns among insiders regarding the stock's future performance, with no insider purchases reported during the same period.
The partnership follows dtcpay's earlier strategic moves toward stablecoin payments, with the company partnering with WalletConnect in October 2025 to advance stablecoin payment capabilities. Alice Liu, founder and chief executive of dtcpay, stated that 'trust and compliance are non-negotiable' in digital payments and that BitGo Singapore's regulated infrastructure provides a base to scale their network. Singapore department store chain Metro has partnered with dtcpay to enable stablecoin payments using USDT, USDC, and WUSD, with plans to add FDUSD. The collaboration reflects the companies' shared commitment to building trusted foundations for the future of finance, with no specific tokens or digital assets named in the initial rollout, suggesting the integration is infrastructure-first rather than product-specific. dtcpay's $10 million Series A funding raised in March 2026 provides capital to fuel strategic expansions like this partnership, with the real test being transaction volume and merchant adoption over the next 12 to 18 months.
