BitGo Expands Institutional Trading With NYDIG Deal
BitGo has completed its acquisition of NYDIG’s institutional trading business, bringing around 30 employees and a client base of asset managers, hedge funds, corporates and family offices onto its platform. The financial terms of the deal were not disclosed.
The move gives $BTC -focused institutions access to a broader mix of derivatives, financing, structured products and capital markets services alongside BitGo’s existing custody and settlement infrastructure.
Meanwhile, NYDIG is turning its attention toward power generation, Bitcoin mining and high-performance computing. With a development pipeline exceeding 3 GW, the company is positioning itself around the growing demand for both Bitcoin mining and AI infrastructure.
#BitGo #Crypto #MacroAnalysis
BitGo has completed its acquisition of NYDIG’s institutional trading business, bringing around 30 employees and a client base of asset managers, hedge funds, corporates and family offices onto its platform. The financial terms of the deal were not disclosed.
The move gives $BTC -focused institutions access to a broader mix of derivatives, financing, structured products and capital markets services alongside BitGo’s existing custody and settlement infrastructure.
Meanwhile, NYDIG is turning its attention toward power generation, Bitcoin mining and high-performance computing. With a development pipeline exceeding 3 GW, the company is positioning itself around the growing demand for both Bitcoin mining and AI infrastructure.
#BitGo #Crypto #MacroAnalysis
