BitGo to buy NYDIG trading arm for $42.5M in cash and stock plus $15M earnout
CoinDesk•Ian Allison28 AugBitGo — page 2
Organization · 120 articlesCoverage, page 2
page 2 of 6CoinDesk•Ian Allison28 Aug
BitGo buys NYDIG trading arm to deepen institutional crypto push
BitGo completed its acquisition of NYDIG’s institutional trading business, adding about 30 employees and expanding its derivatives and financing capabilities.
Cointelegraph•Cointelegraph by Helen Partz28 Aug
BitGo acquires NYDIG institutional trading business
BitGo acquired NYDIG’s institutional trading business, adding 30 employees and capabilities across derivatives, financing and execution.
BitGo buys NYDIG’s institutional trading business, expanding derivatives offering
With the transaction, around 30 NYDIG employees have joined BitGo, along with their institutional trading relationships.
The Block•Danny Park28 Aug
BitGo buys NYDIG trading unit to expand institutional crypto services
BitGo's acquisition enhances its comprehensive crypto services, streamlining operations and reducing risks for institutional investors.
CryptoBriefing•Editorial Team27 Aug
Bitcoin's Cryptography Could Be Cracked One Day, BitGo CEO Says
Bitcoin’s quantum-computing risk is real, but it is still a long way from becoming an immediate threat, according to BitGo co-CEO Mike Belshe.
U.Today•Alex Dovbnya25 Aug
BitGo CEO warns US regulators may act independently if Clarity Act fails
Independent regulatory actions could lead to fragmented crypto oversight, complicating compliance and potentially stifling innovation.
CryptoBriefing•Estefano Gomez25 Aug
America is creating a new class of crypto banks – but they aren’t really banks
Circle now has a federal bank charter. However, the charter provides no ordinary checking accounts, FDIC-insured savings accounts, or mortgages. Circle National Trust is part of a new federal cohort built around custody, fiduciary administration, stablecoin reserves, and settlement. Ripple, BitGo, Fidelity Digital Assets, Paxos, Bridge, Crypto.com, Coinbase, Morgan Stanley and World Liberty Financial have […]
CryptoSlate•Andjela Radmilac23 Aug
BitGo Korea gets VASP approval as offshore crypto rules tighten – Details
BitGo’s entry shows how South Korea is making local crypto access easier while placing tighter controls on offshore platforms.
AMBCrypto•Muriuki Lazaro21 Aug
Bitgo Breaks Into Korea With Hana and SK Telecom in Its Corner
Bitgo Korea just cracked one of Asia’s toughest crypto markets, securing regulatory registration to provide cryptocurrency custody and transfer services to institutional clients in South Korea and planting a direct flag in one of the world’s busiest digital asset markets. The Korea Financial Intelligence Unit accepted Bitgo Korea’s Virtual Asset Service Provider, or VASP, registration […]
Bitcoin.com News•Jamie Redman21 Aug
BitGo secures South Korea virtual asset license, says it's the first global crypto company to do so
CoinDesk•Olivier Acuna20 Aug
Blueprint Finance draws BitGo, FalconX in Polychain-led round
Blueprint Finance has completed a strategic funding round led by Polychain Capital to expand Concrete, its on-chain vault infrastructure for institutions, protocols, and asset managers. Blueprint Finance said on Aug. 19 that Bullish, Keyrock, BitGo, FalconX, G-20, Flowdesk, JPEG Trading,…
BitGo Korea secures VASP registration for institutional crypto custody
Regulators reportedly accepted BitGo Korea’s registration on Tuesday, two days before stricter VASP entry requirements took effect.
Cointelegraph•Cointelegraph by Ezra Reguerra20 Aug
BitGo Korea secures VASP registration ahead of new rules
BitGo Korea has secured VASP registration from South Korea’s Financial Intelligence Unit, becoming the first local entity owned by an overseas crypto company to complete the process directly. Yonhap News Agency reported on Aug. 20 that the Financial Intelligence Unit,…
BitGo Korea secures VASP registration, opening door to institutional custody in South Korea
BitGo Korea's VASP registration may catalyze institutional crypto adoption in South Korea, influencing regulatory and financial landscapes.
CryptoBriefing•Editorial Team20 Aug
BitGo adds 3 regulated European stablecoins
BitGo Europe partnered with AllUnity to offer institutional liquidity, minting and redemption for euro, franc and krona stablecoins.
Trump-Linked World Liberty Gets Conditional Bank Charter for USD1 Stablecoin
The proposed World Liberty Trust Company would take over issuance of the USD1 stablecoin from BitGo.
Mizuho cuts BitGo price target to $11 amid Clarity Act delays
Delays in regulatory clarity and volatile crypto markets could hinder BitGo's growth, impacting investor confidence and market stability.
CryptoBriefing•Editorial Team14 Aug
Mizuho cuts BitGo price target to $11, but says Clarity Act delays could prove advantageous
Mizuho views the company as a "high-growth/recurring revenue business," citing a 27% year-over-year increase in the customer base.
The Block•RT Watson14 Aug
Bitgo Revenue Jumps 80% to $4.3B as Stablecoin Demand Grows
Bitgo reported $4.3 billion in second-quarter revenue, up nearly 80% from a year earlier, as trading and stablecoin activity increased. The company still posted a $19 million net loss while cutting costs, expanding AI use and authorizing a $50 million share buyback. Bitgo Posts $19M Loss Despite $4.3B in Q2 Revenue Bitgo reported a sharp […]
Bitcoin.com News•Emmanuel Musa14 Aug