According to Techub News, digital asset service company BitGo has established a subsidiary in Singapore, BitGo Singapore, to expand its services in the Asia-Pacific region. According to a press release, in addition to other services, BitGo Singapore provides cold storage, voice trading, automatic settlement and token management for more than 1,100 digital assets, suitable for foundations, protocols and other organizations. BitGo Singapore's parent company obtained a payment institution license issued by the Monetary Authority of Singapore (MAS) in August this year, which allows BitGo to provide digital asset services in Singapore.