BitGo to Acquire NYDIG to Expands Institutional Crypto Platform

1 month ago 26

Rommie Analytics

Key Takeaways:

  • BitGo has purchased NYDIG’s institutional trading arm and introduced derivatives, financing and structured products to its crypto infrastructure platform.
  • Under the agreement, approximately 250 institutional client relationships and 30 NYDIG employees will join BitGo.
  • Beyond custody, BitGo is growing into a trading, financing, settlement and digital-asset infrastructure for institutional clients.