DWF is seeking $114 million in damages on the basis BitGo’s token sales resulted in direct losses through the fall in tokens’ …
BitGo
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BitGo has appointed Alex Rozman as chief compliance officer effective Sept. 21, placing the former Exodus compliance executive in charge of enterprise …
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BitGo CEO Mike Belshe recently appeared on Bloomberg Live, where he discussed the intersection of artificial intelligence and the CLARITY Act. His …
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BitGo opened a new Singapore office on September 2 as the digital asset infrastructure company expanded its Asia-Pacific hub. In its official …
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Scams
BitGo Buys NYDIG’s Institutional Trading Arm to Beef Up Derivatives and Financing
by shayaanby shayaanIn brief BitGo acquired NYDIG’s institutional trading business in a two-step merger worth about $42.5 million. The deal adds derivatives, structured products, …
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Markets
BitGo to buy NYDIG trading arm for $42.5M in cash and stock plus $15M earnout
by shayaanby shayaanThe deal to buy NYDIG IF Holdings comprises $7 million in cash and around $35.5 million, as well as the $15 earnout. …
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BitGo Korea said it has received virtual asset service provider registration acceptance in South Korea. In an Aug. 19 announcement, the company …
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Blueprint Finance has completed a strategic funding round led by Polychain Capital to expand Concrete, its on-chain vault infrastructure for institutions, protocols, …
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Finance
Mizuho Lowers BitGo Price Target to $11, Maintains Outperform on Regulatory Edge
by shayaanby shayaanMizuho Securities has reduced its price target on BitGo (BTGO), the Nasdaq-listed cryptocurrency custody firm, to $11 from the previous $14, while …