BitGo Acquires NYDIG’s Institutional Trading Business, Expanding Derivatives and Financing Capabilities
Transaction Expected to Enhance Derivatives and Financing Capabilities and Strengthen BitGo’s Existing Institutional Trading Platform
BitGo Holdings, Inc. (NYSE:BTGO) ("BitGo" or the "Company"), the digital asset infrastructure company, today announced that it has entered into a definitive agreement and completed the acquisition of the institutional trading business and related assets of NYDIG. The transaction expands BitGo’s institutional service offering and allows NYDIG to focus its resources on its vertically integrated power generation, bitcoin mining, and high-performance computing ("HPC") data center development business, with a development pipeline exceeding 3 GW and more than 1 G
