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BitGo Completes Acquisition of NYDIG Institutional Trading Business

BitGo completed its acquisition of NYDIG’s institutional trading business, adding about 30 employees and expanding its cryptocurrency derivatives and financing capabilities.

Cointelegraph 28 unique views
BitGo Completes Acquisition of NYDIG Institutional Trading Business

BitGo has completed its acquisition of NYDIG’s institutional trading business, according to Cointelegraph. The transaction adds approximately 30 employees to BitGo and expands the company’s capabilities in cryptocurrency derivatives and financing. The deal supports BitGo’s broader institutional crypto strategy by bringing the acquired trading operations into its platform. No financial terms for the transaction were provided in the source material.

Source Cointelegraph Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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