BitGo Holdings, Inc. appointed Angela Ang as Managing Director of APAC and President of BitGo Singapore Pte. Ltd., having cleared all regulatory and fit-and-proper requirements. Ang will lead BitGo's business growth, market development, and operating infrastructure across Asia-Pacific, focusing on expanding institutional access to secure, regulated digital asset infrastructure. The appointment strengthens BitGo's leadership in a key region for institutional digital asset adoption.

Ang brings extensive experience in financial regulation, digital assets, public policy, and institutional market development. She joins BitGo from TRM Labs, where she served as Head of APAC Public Policy and Strategic Partnerships. Prior to TRM Labs, Ang spent over a decade at the Monetary Authority of Singapore, leading the team that built and operationalized Singapore's payments and crypto licensing regime.

"We believe that Angela's appointment strengthens BitGo's leadership in one of the world's most important regions for institutional digital asset adoption," said Jody Mettler, Chief Operating Officer of BitGo and President of BitGo Bank & Trust, National Association. "Her experience at the intersection of regulation, market infrastructure, and commercial growth is highly relevant as institutions look for trusted partners that can meet the standards of a regulated financial system."

Singapore serves as a strategic hub for BitGo's APAC business and a leading global center for regulated digital asset activity. BitGo Singapore Pte. Ltd. is regulated by the Monetary Authority of Singapore as a Major Payment Institution. Ang's appointment underscores BitGo's continued investment in Singapore and the broader APAC region, reflecting the importance of local regulatory expertise.

"BitGo has built its reputation by focusing on the requirements that matter most to institutions: security, compliance, resilience, and trust," said Angela Ang. "Singapore has established one of the world's most respected regulatory frameworks for digital assets, and APAC is entering an important phase of institutional market development. I am excited to join BitGo and work with our teams, clients, and partners to expand access to safe, scalable, and regulated digital asset solutions across the region."

Key Appointments and Roles

BitGo serves institutions seeking secure access to custody, wallets, trading, financing, settlement, staking, and stablecoin infrastructure. The company maintains multiple regulated entities, including BitGo Bank & Trust, National Association.

BitGo Holdings Inc. (NYSE: BTGO) shares rose 8.46% to $5.90 after the digital asset infrastructure company announced a $50 million share repurchase program. The authorization represents approximately 8% of the company's Class A shares outstanding at current prices. The Board of Directors approved the program based on its view that the fundamental value of the business exceeds the current market price.

Repurchase Parameters

The authorization is effective immediately and has no fixed expiration date. Repurchases may be executed through open market purchases, privately negotiated transactions, block trades, or other means, subject to market conditions and applicable legal requirements. The company expects to fund the repurchases using existing cash and cash equivalents.

Strategic Rationale

The authorization does not obligate the company to repurchase any specific number of shares, and the program may be modified or suspended at any time. "This authorization reflects the Board's confidence in our business and long-term trajectory," said Ed Reginelli, CFO. "We believe that repurchasing our shares represents an attractive use of capital at this time while allowing us to continue investing aggressively in our platform and clients."