BitGo Buys NYDIG’s Institutional Trading Arm for $7M Cash and $35.5M in Stock
Crypto firm BitGo has formally acquired NYDIG’s Bitcoin-focused institutional buying and selling enterprise. The deal was signed and accomplished on Thursday and reported on Friday, paying $7 million in money and about $35.5 million in inventory at closing, with as much as $15 million extra in money tied to 2 income milestones. The buy brings NYDIG’s…
