Galaxy Digital Ends Plan to Acquire Crypto Custody Firm BitGo
The $1.2 billion acquisition was announced May 2021 and was expected to close by the end of that year. Original Source
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BitGo
Crypto Custodian BitGo Cleared to Operate in Italy
Despite regulatory uncertainty, the crypto custody provider isn’t the only firm that has recently entered the European nation. Original Source
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BitGo to Serve as Near's Custodian
BitGo will support the blockchain’s native token NEAR Original Source
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Galaxy Digital delays BitGo acquisition to later on in 2022
Cryptocurrency investment firm Galaxy Digital has not managed to finalize the acquisition of the digital asset custodian BitGo in the first quarter of 2022 as the firm originally planned.Galaxy Digital has made some changes to the terms of its acquisition of BitGo, CEO Mike Novogratz announced in an earnings call
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Galaxy Digital Tweaks BitGo Purchase Terms as It Awaits SEC Action
Speaking on the company earnings call Thursday morning, CEO Mike Novogratz said Galaxy tweaked the deal terms to reflect progress BitGo has made, including hiring over 150 people since the original agreement in May. “It's a bigger and better company,” and Galaxy will continue to work on integration with BitGo,
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Crypto Custodian BitGo Adds AVAX Support as Institutions Eye Avalanche
“Not only is BitGo trusted and allows us to provide more access to our native tokens on Avalanche,” John Wu, president of Ava Labs, told CryptoX in an interview, “but given the enterprise push, and the institutional support of Avalanche, this really is a very powerful company to partner with.” Source
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BitGo Tops $64B Under Custody as COO Cassie Lentchner Takes Over as ‘Trust’ President
“Institutional custody is not the same as retail custody,” Mike Belshe, CEO of BitGo, said in a statement. “BitGo Trust Company was designed from the ground up to meet the needs of institutional investors, and it is the only independent qualified custodian focused on building the right market structure and
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BitGo integrates Stacks, bringing Bitcoin DeFI to institutions
Beginning Monday, BitGo will offer institutional token holders the ability to earn Bitcoin rewards through the Stacks token, which is also known as STX. Through a process known as Stacking, STX token holders can earn BTC rewards directly in their wallets. Unlike other yield-earning services, BTC rewards generated through Stacking
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MetaMask Adds Custodians BitGo, Qredo, Cactus in Push for Institutional DeFi Users — CoinDesk
BitGo Managing Director Joe Bruzzesi told CoinDesk the partnership will involve MetaMask Institutional being integrated with BitGo wallets. He says that’s significant because it “validates the growing appetite for institutional investors to participate in DeFi with the highest level of security possible.” Original Source
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Galaxy Digital to acquire crypto custodian and services provider BitGo
Galaxy Digital, a crypto and blockchain-focused financial services and investment manager founded by Mike Novogratz, is set to acquire institutional crypto custodian service and wallet operator BitGo.According to an announcement on Wednesday, Galaxy Digital Holdings will pay $1.2 billon in stock and cash to settle the deal. Under the acquisition’s
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