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.
Financial terms of the deal were not disclosed. No specific tokens or digital assets were named as part of the initial rollout, which suggests the integration is infrastructure-first rather than product-specific.
Singapore’s quiet power play in digital finance
dtcpay has been building toward this moment for a while. In October 2025, the company partnered with WalletConnect to advance stablecoin payment capabilities, signaling a clear strategic interest in bridging the gap between crypto wallets and everyday merchant transactions. The BitGo partnership takes that ambition and gives it institutional plumbing.
What this means for investors and the broader market
dtcpay’s $10 million Series A gives it runway, and BitGo’s established infrastructure reduces the cold-start problem, but the real test will be transaction volume and merchant adoption over the next 12 to 18 months.