BitGo Appoints Angela Ang as Managing Director for APAC
Digital asset infrastructure firm BitGo has made a significant strategic move by appointing Angela Ang as the new Managing Director for the Asia-Pacific (APAC) region and President of BitGo Singapore. This appointment aligns with the company’s goal to enhance its offerings in regulated digital asset services, including custody, trading, wallets, and financing, tailored to institutional clients.
Angela Ang’s Background and Experience
Ang joins BitGo following her tenure as Head of APAC Public Policy and Strategic Partnerships at TRM Labs, where she played a key role in establishing the company’s presence in the region. Prior to that, she accrued extensive experience at the Monetary Authority of Singapore (MAS), contributing over ten years to the development of Singapore’s payments and crypto licensing framework, which equips her with a unique blend of regulatory insight and commercial acumen.
Importance of Regulatory Credentials
BitGo emphasizes that the regulatory and compliance credentials Ang possesses are critical as the market increasingly demands secure, compliant relationships with digital asset service providers. Her experience will be pivotal as the company aims to respond to the rising institutional interest in managed digital assets under stringent compliance standards.
Role and Responsibilities
Ang’s role will specifically entail spearheading initiatives for business growth and market development across the Asia-Pacific region, establishing BitGo’s influence in a marketplace where banks and payment processors are increasingly reliant on regulated digital asset services.
Leadership Praise and Vision
Jody Mettler, Chief Operating Officer of BitGo, praised Ang’s diverse background, stating that her skills in regulation, market infrastructure, and commercial growth are particularly important as institutions seek reliable partnerships compliant with financial regulations.
In her initial statements, Ang acknowledged BitGo’s established reputation for security and trust in the digital assets field. She noted the importance of Singapore’s well-respected framework for digital assets, suggesting that the APAC region is poised for a period of significant institutional market evolution.
BitGo’s Commitment to the APAC Region
As BitGo continues to implement its APAC strategy, Singapore remains central to its operations, with the company recognized as a Major Payment Institution by MAS. This appointment signals BitGo’s commitment to further investing in Singapore and its broader regional ambitions. The company is also making strides in regulated infrastructure, illustrated by its recent deals focusing on custody, settlement, and support for digital assets within the region.
Future Prospects
Moreover, earlier reports indicated that BitGo is expanding its global footprint with initiatives like a partnership with Moon to offer Bitcoin-linked prepaid cards across Asia and ongoing discussions regarding a potential IPO, as its assets under custody soared to $100 billion in the early part of 2025.
This appointment heralds a new era for BitGo in APAC, positioning the company as a leader with both regulatory expertise and a drive to enhance institutional crypto services across the region.
