BitGo acquires NYDIG's institutional trading business
BitGo has acquired NYDIG's institutional trading business and related assets, adding derivatives, financing, structured products and capital markets capabilities along with approximately 30 employees and 250 institutional clients. The deal expands BitGo beyond custody into trading, settlement and wallet infrastructure.
Detected & updated continuously · Source: Nebula
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@TheDegenBoii
BitGo is buying NYDIG's trading desk. Derivatives, financing and 250 institutional clients come with it. Nobody wants to just hold coins anymore. The money is in touching the flow. Custody was the parking garage. BitGo just opened a dealership inside it. https://t.co/R8E69ViJbi
@Crypto_Briefing
💥NEW: BitGo has acquired NYDIG's institutional trading business, adding derivatives, financing, and capital markets services along with approximately 30 employees. https://t.co/2zPr5yhYo6
@fintechfrank
BitGo is acquiring NYDIG’s institutional trading business and related assets. The deal is expected to expand BitGo’s derivatives and financing capabilities, adding to its existing custody, trading, settlement and wallet infrastructure. Congrats @mikebelshe and team.
@allthemoney
BitGo Acquires NYDIG’s Institutional Trading Business, Expanding Derivatives and Financing Capabilities https://t.co/ZdjjWFSqUb
@Cointelegraph
🚨 NEW: BitGo has agreed to acquire NYDIG’s institutional trading business, adding derivatives, financing and structured products as crypto trading activity rebounds. https://t.co/AK6qX0U8vq
@BitcoinNewsCom
BITGO ACQUIRES NYDIG’S INSTITUTIONAL TRADING BUSINESS BitGo has acquired NYDIG’s institutional trading business and related assets, adding derivatives, structured products, financing and capital markets capabilities to its institutional platform. Approximately 30 NYDIG https://t.co/UtSp9A774X
@halstonvalencia
Custody, settlement, execution, derivatives, financing. Big move for BitGo, and a pretty good example of where the industry is heading.