Two of Singapore’s licensed digital payment firms are joining forces. dtcpay announced a strategic partnership with BitGo Singapore on June 17, aimed at building out regulated infrastructure for digital asset payments across the Asia-Pacific region.
The collaboration pairs dtcpay’s existing merchant payment network with BitGo’s institutional-grade custody, trading, and settlement capabilities. Both companies hold Major Payment Institution licenses from the Monetary Authority of Singapore for Digital Payment Token services, which means the entire transaction pipeline, from customer wallet to merchant settlement, now sits within a single regulatory framework.
What the partnership actually involves
BitGo Singapore launched in November 2024, roughly three months after receiving its MPI license from MAS in August 2024. The subsidiary offers institutional clients a suite of services including digital asset custody, trading, and automated settlement through what the company calls its Go Network.
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 company raised $10 million in Series A funding in March 2026, capital that appears to be fueling exactly these kinds of strategic expansions.
