BitGo to buy NYDIG trading arm for $42.5M in cash and stock plus $15M earnout
The deal to buy NYDIG IF Holdings comprises $7 million in cash and around $35.5 million, as well as the $15 earnout. Source：CoinDesk
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.…
BitGo secures South Korea virtual asset license, says it's the first global crypto company to do so
Backed by Hana Financial Group and SK Telecom, BitGo Korea built a locally registered entity from scratch to serve institutional and enterprise clients, rather…
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. Source：Cointelegraph
BitGo posts $19M Q2 loss despite 80% revenue surge to $4.3B
An $18.8 million unrealized digital asset loss and weaker trading margins pushed BitGo into the red in the second quarter. Source：Cointelegraph
Bitcoin firms ask AI labs for same tools attackers already have
Coinbase, Block, BitGo and dozens of others signed a letter arguing that safety guardrails on frontier models are blocking legitimate security work while…
Bitwise cuts 14% of staff while still expecting growth
Crypto companies from including Coinbase, BitGo, Robinhood, Polygon and Pump.fun have announced workforce reductions this year, citing a variety of reasons,…
BitGo, OTC Markets plan tokenized securities access for broker-dealers
The proposed alliance would enable more than 150 brokerdealers to trade and settle digital asset securities through OTC Link ATS using BitGo’s custody…
Crypto infrastructure firm BitGo lays off 15% of staff
BitGo cofounder and CEO Mike Belshe says the layoffs are “a onetime action” and the company doesn’t see the need for further staff reductions.…
BitGo cuts 15% of staff to sharpen focus on AI, stablecoins
BitGo cofounder and CEO Mike Belshe says the layoffs are “a onetime action” and the company doesn’t see the need for further staff reductions.…