Key Takeaways
- • BitGo announced a partnership with Deutsche Digital Assets GmbH (DDA) to provide institutional-grade custody and staking for the Safello Bittensor Staked TAO ETP, which began trading on the SIX Swiss Exchange on November 19, 2025.
- • BitGo Europe GmbH, regulated under BaFin, is the appointed digital asset custodian and holds 100% of the underlying TAO in fully segregated cold storage while managing staking operations.
- • The ETP trades under ISIN DE000A4APQY4, WKN A4APQY, ticker STAO, and was developed by DDA in collaboration with Safello.
- • The product gives investors regulated exposure to Bittensor (TAO), a decentralized blockchain protocol positioned as a tokenized marketplace for machine intelligence.
Summary
BitGo, the digital asset infrastructure company, announced on November 19, 2025 that it will provide custody and staking services for the newly launched Safello Bittensor Staked TAO ETP, which began trading that day on the SIX Swiss Exchange. The product was developed by Deutsche Digital Assets GmbH (DDA), a German crypto and digital asset manager established in 2017, in collaboration with Safello. According to the BitGo press release distributed via Business Wire, the ETP offers investors a regulated and secure route to exposure to Bittensor (TAO), a decentralized blockchain-based protocol that functions as a global, tokenized marketplace for machine intelligence.
BitGo Europe GmbH, which is regulated under BaFin, serves as the appointed digital asset custodian. It holds 100% of the underlying TAO in fully segregated cold storage and manages the staking operations. BitGo says its European offering includes multi-signature wallet technology, compliance standards, and staking infrastructure designed for scalability and resilience under Germany's regulatory framework.
BitGo CEO and Co-Founder Mike Belshe said the partnership supports the growth of decentralized AI while allowing institutional investors to participate in the segment safely. Maximilian Lautenschläger, CEO and Founder of Deutsche Digital Assets, said that partnering with BitGo ensures investors in DDA's products benefit from the highest custody and staking standards, and described the ETP as a step in connecting decentralized AI to traditional financial markets under a regulated framework.
The announcement reinforces BitGo's positioning in Europe as a custody partner for asset managers, issuers, and institutional investors seeking regulated access to digital assets through ETPs and fund structures. The release does not disclose assets under management, fee structure, or staking yields for the product.
BitGo Europe GmbH, which is regulated under BaFin, serves as the appointed digital asset custodian. It holds 100% of the underlying TAO in fully segregated cold storage and manages the staking operations. BitGo says its European offering includes multi-signature wallet technology, compliance standards, and staking infrastructure designed for scalability and resilience under Germany's regulatory framework.
BitGo CEO and Co-Founder Mike Belshe said the partnership supports the growth of decentralized AI while allowing institutional investors to participate in the segment safely. Maximilian Lautenschläger, CEO and Founder of Deutsche Digital Assets, said that partnering with BitGo ensures investors in DDA's products benefit from the highest custody and staking standards, and described the ETP as a step in connecting decentralized AI to traditional financial markets under a regulated framework.
The announcement reinforces BitGo's positioning in Europe as a custody partner for asset managers, issuers, and institutional investors seeking regulated access to digital assets through ETPs and fund structures. The release does not disclose assets under management, fee structure, or staking yields for the product.
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