Bitgo buys NYDIG business and expands service capacity

Bitgo completed the acquisition of NYDIG transactions, adding about 30 employees and expanding its derivatives and financing capacity. The transaction included an institutional customer relationship of NYDIG, with specific financial terms not disclosed. The Chief Executive Officer of BitGo, Mike Belshe, stated that the acquisition would “significantly improve” the trading and infrastructure capacity of the company to serve a wider range of institutional clients。