BitGo announced that AndX USA LLC launched its US crypto exchange 2026 entry on BitGo’s Crypto-as-a-Service infrastructure, providing a global digital asset platform to operate in all 50 states under an OCC-regulated custody framework backed by $250 million in insurance.
Summary
- AndX, an AI-native Web3 financial platform headquartered in New York already operates in Turkey, UAE, India, Brazil, Philippines, and South Africa.
- The platform is powered by BitGo Bank and Trust, The National Association, the first officially chartered digital asset trust bank owned by a publicly traded company.
- AndX CEO, Viru Rapartthi, said the partnership allows the company to focus on user-facing innovations including AI-driven trading tools, real-world commodity tokens, and global payment capabilities rather than on core infrastructure.
The crypto exchange 2026 US market is increasingly being built not by companies building their own storage and compliance systems from the ground up but by platforms that integrate existing managed infrastructure through API-driven partnerships. The launch of AndX and BitGo is the latest clear example of that model working at scale.
BitGo’s Crypto-as-a-Service offering provides a technical and regulatory foundation: OCC-managed storage, transaction monitoring, transfer workflows, and compliance architectures, all delivered via configurable APIs and webhooks. AndX connects to that stack and focuses its engineering resources on a commercial interface, powerful AI tools, and market-oriented features that differentiate it from users.
“Crypto platforms don’t have to choose between speed to market and institutional grade protections,” said Frank Wang, BitGo’s managing director and head of fintech. “BitGo’s Crypto-as-a-Service enables partners like AndX to implement and scale secure trading information on a managed infrastructure base, with API-driven systems designed for reliability, control, and compliance.”
Building a compliant US crypto exchange from scratch requires obtaining money transfer licenses in 46 or more states, navigating the BitLicense application in New York, establishing custody arrangements, hiring compliance and AML staff, and building or acquiring monitoring systems, all before a single user can trade. For a platform entering the US from an international source, the timeline typically runs 18 to 36 months and requires significant capital.
BitGo’s CaaS model compresses that down to the time required for API integration and contract negotiations. BitGo Bank and Trust already holds regulatory approvals. The $250 million palace insurance covers BitGo’s holdings across the infrastructure, reducing the risk of others to the platform’s partners. The model has grown in tandem with the expansion of the US spot ETF market and the incoming CLARITY Act framework, which includes proposing what an institutional-level crypto infrastructure should look like.
Delivered by AndX as a Product
AndX describes itself as an AI-native Web3 financial platform that integrates multi-asset trading, tokenization, cross-border payments, real-time financial intelligence, and what it calls a gamified participation layer into a single ecosystem. It has existing user bases in Turkey, UAE, India, Brazil, Philippines, and South Africa.
Raparthi said the company’s goal is to “expand access to financial markets while maintaining the highest standards of security and trust,” framing the BitGo partnership as a way to make that happen in the US regulatory environment.
When It Enters the Market Structure
The launch of AndX is one of several moves this week that emphasize the integration of regulated infrastructure as a means of competition in the US crypto exchange market. Payward’s purchase of Bitnomial for up to $550 million this week is similarly focused on regulatory licensing and clearing infrastructure rather than user acquisition. As the CLARITY Act approaches commercialization, platforms that reach that time of legislation through OCC, CFTC, and state-level regulation will structurally benefit from those that do not, which is exactly what partnerships like AndX and BitGo are designed to provide before the regulatory deadline.
