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FinanceBitGo acquires NYDIG institutional trading business and related assets
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BitGo, a digital asset custody and security firm, has announced the acquisition of NYDIG's institutional trading business and related assets. NYDIG is a Bitcoin-focused financial services firm. The deal expands BitGo's suite of institutional-grade trading and custody services, consolidating its position in the digital asset infrastructure space. The acquisition includes NYDIG's trading platform and associated technology, though financial terms were not disclosed. This move is part of ongoing consolidation in the crypto financial services sector, as firms seek to offer comprehensive solutions to institutional investors.
Source report
BitGo has announced the acquisition of NYDIG’s institutional trading business and related assets.
The deal, which was reported via a press release, marks a strategic expansion for BitGo in the digital asset custody and trading space. Specific financial terms of the acquisition were not disclosed.
For further details, refer to the original announcement at the link provided.
Source
braindrainomarNeutral / independent
Part of this Story
BitGo Acquires NYDIG Institutional Trading Business for $42.5 Million