BitGo is quietly expanding its presence in Japan, a market it broke into over a year ago, according to a source familiar with the matter. BitGo also confirmed to The Block separately that it is also looking to build up its Japan-based team, including hiring for a sales director to join the company’s sales team in Tokyo.
This role will be mainly responsible for selling “[BitGo’s] digital wallet and offline vault solutions,” according to a job post. Responsibilities for the role as listed on the job ad indicate that BitGo might be planning to grow its Japanese client base and snag a substantial market share in the Japanese cryptocurrency market, as the new hire “will build fundamental account plans, operational strategy and drive activity in potential clients.”