Bitgo buys NYDIG agency transactions for $42.5 million

According to Decrypt, Bitgo purchased NYDIG agency transactions for $42.5 million, comprising $7 million in cash and $35.5 million in BitGo equities, with an additional $15 million in performance awards. The operation incorporated 30 NYDIG employees and institutional customer relations into BitGo, providing derivatives, structured products, financing and capital market solutions. NYDIG will focus on power generation, bitcoin mining and high performance data centre operations. Bitgo recently completed IPO at NYU, valued at approximately $2 billion, and introduced USDS tokens。