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BitGo revenue falls 51% in Q3 as trading slows; net income rises on treasury gains

The Block
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BitGo revenue falls 51% in Q3 as trading slows; net income rises on treasury gains

The revenue decline was driven by continued soft crypto trading environment and a higher mix of lower-margin stablecoin transactions.

Key Takeaways

  1. The revenue decline was driven by continued soft crypto trading environment and a higher mix of lower-margin stablecoin transactions.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
Read Full Article on The Block

Summary generated by IndiCrypto from The Block. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.