Crypto Licensing Software for MTLs and BitLicense

Brico's crypto licensing software helps digital asset companies apply for and maintain money transmitter licenses (MTLs) in all 50 states, plus BitLicense in New York and Louisiana Virtual Currency License. Our crypto license management software combines automation and experts, simplifying multi-state licensing compliance and saving you money.

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Why Crypto Companies Need Licensing Help

Navigating money transmitter laws is especially challenging for crypto startups. Every state has its own interpretation of how money transmission applies to digital financial assets — and regulators are watching closely. Brico helps teams get licensed faster, without burning time or budget.

Confusing State-by-State Rules

Money transmission laws are applied inconsistently to crypto across the U.S., creating complex and risky gray areas for founders.

High Scrutiny, Zero Room for Error

Regulators are under pressure to monitor crypto companies closely. Strong license applications are essential.

Services Firms Are Expensive

Traditional law firms and licensing consultants charge in the millions of dollars. Brico offers affordable flat fees to give you control over your budget.

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Why Brico?

Why Leading Crypto Companies Choose Brico

Licensing crypto operations protects your ability to operate. Brico's crypto licensing software streamlines the process of applying for and maintaining money transmitter licenses (MTLs) across all 50 states, plus New York’s BitLicense and Louisiana's Virtual Currency License. Brico's crypto licensing management software combines automation with deep licensing expertise to help you apply 5x faster at a fraction of the cost of legacy services firms.

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Up-To-Date Requirements

100+ checklists, 500 pages of state code distilled to create up-to-date actionable and easy to understand requirements across all US states.

Intelligent Automation

Auto form-filling and faster application preparation by leveraging smart data mapping.

Reduced Paperwork

Over 200 paper forms digitized in-product so you reduce reliance on physical paper

Centralized Source of Truth

Centralize all work and knowledge in one platform to own your source of truth for future exams and audits. Never lose context during team expansion or employee turnover.

Built-in Project Management

Effortlessly collaborate with team members and external vendors by assigning tasks, automating reminders and feedback. Save valuable time by eliminating the need for repetitive follow-ups on tasks.

Licensing Expert-in-the-Loop

Get the benefit of a dedicated licensing expert to help unblock any hurdles in addition to the guidance in our platform.

What Crypto Innovators Say About Brico

Crypto teams use Brico to unlock multi-state growth without overwhelming their compliance and operations staff.

“Brico pairs smart automation with dedicated hands-on support, reaching out to regulators, keeping our filings on track, and making sure nothing falls through the cracks. Brico isn't just a service; they’re a real partner.”

- Kristen Hecht,
Chief Compliance Officer, 1Money USA, Inc.
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Read the 1Money case study

How Brico’s crypto licensing software works

State MTL licensing is fragmented across agencies, license types, and changing rules. Even experienced compliance teams struggle to keep up, and manual tools make every new state feel like starting from scratch.

Onboard and centralize your data

Import your entities, owners, licenses, and key documents into Brico and connect your existing records where applicable. This creates a clean foundation and a single view of your licensing posture.

Configure state-specific workflows

Apply Brico’s prebuilt checklists and automations for each state you operate in or plan to enter. Tailor tasks, approvals, and responsibilities to match your internal processes and team structure.

Run applications, renewals, and exams

Use the platform to manage new license applications, renewals, periodic reporting, and exam responses. Track every task and filing in one dashboard so you always know what’s done, what’s overdue, and what’s coming next.

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Expert support from compliance professionals

Brico's licensing-expert-in-the-loop support goes beyond software.

Access to dedicated, experienced mortgage licensing specialists to help interpret edge cases and state-specific nuances and unblock any hurdles.
Get guidance on tricky scenarios without spinning up a new law firm project each time.
Keep ownership of your program while still having expert support.

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