BitGo to buy NYDIG trading arm for $42.5M in cash and stock plus $15M earnout

BitGo is set to acquire NYDIG’s trading arm, NYDIG IF Holdings, in a transaction combining cash, stock and a potential earnout, according to CoinDesk. The deal includes $7 million in cash and approximately $35.5 million in BitGo stock, putting the upfront consideration at $42.5 million. The agreement also provides for an additional $15 million earnout. The transaction therefore consists of $42.5 million in initial cash and stock consideration, with the earnout separate from that amount. CoinDesk reported the proposed acquisition on August 28, 2026. The supplied deal terms identify NYDIG IF Holdings as the entity being purchased and specify the mix of consideration, but do not provide further details on closing conditions, timing or the earnout structure.