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BitGo Buys NYDIG's Institutional Trading Arm to Beef Up Derivatives and Financing

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BitGo Buys NYDIG's Institutional Trading Arm to Beef Up Derivatives and Financing

The roughly $42.5 million cash-and-stock deal adds derivatives, structured products and capital-markets capabilities, while letting NYDIG focus on its power and data-center business.

Key Takeaways

  1. The roughly $42.5 million cash-and-stock deal adds derivatives, structured products and capital-markets capabilities, while letting NYDIG focus on its power and data-center business.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from Decrypt. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.