Wall Street’s favorite Bitcoin broker just walked away from institutional trading to chase gigawatts of power
BitGo’s NYDIG deal transfers its institutional trading enterprise to the digital-asset custody and trading infrastructure supplier, whereas NYDIG says it’s concentrating sources on power, Bitcoin mining and high-performance-computing information facilities. The closing terms disclosed by BitGo put roughly $42.5 million of consideration upfront. BitGo is including an institutional crew, consumer relationships and monetary merchandise round…
