BitGo Holdings (NYSE: $BTGO) has acquired NYDIG's institutional trading business, adding derivatives, financing and structured products to a platform already built around custody, settlement and digital ****** et infrastructure.
The transaction brings about 30 NYDIG employees to BitGo along with roughly 250 institutional client relationships, according to Reuters.
NYDIG's trading unit serves ****** et managers, hedge funds, corporates, family offices and other sophisticated investors across financing, derivatives and capital markets products. Folding that business into BitGo gives the crypto custodian a wider institutional offering that can connect trading and risk management with its regulated custody and settlement stack.
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The transaction brings about 30 NYDIG employees to BitGo along with roughly 250 institutional client relationships, according to Reuters.
NYDIG's trading unit serves ****** et managers, hedge funds, corporates, family offices and other sophisticated investors across financing, derivatives and capital markets products. Folding that business into BitGo gives the crypto custodian a wider institutional offering that can connect trading and risk management with its regulated custody and settlement stack.
More From Cryptoprowl:
Bernstein Forecasts Bitcoin Will Reach $150,000 By Mid-2027
#institutional #products #custody #settlement
2 months ago
