1 month ago
23
Key Takeaways
- Approximately 30 NYDIG employees joined BitGo.
- Clients gain access to a broader service stack.
- Consolidation may reduce operational handoffs.
- Legal separation remains essential for risk control.
What changes for a BitGo client
BitGo announced and completed the acquisition on August 27 while whe purchase price is still not disclosed.
The acquired business serves asset managers, hedge funds, corporations, family offices and other professional investors. Approximately 30 NYDIG employees moved to BitGo together with the unit’s institutional trading relationships.
Reuters reported that the deal followed BitGo’s public listing earlier in ...
English (US)