BitGo's Big Bet on Institutional Trading: A New Era for Crypto? The recent announcement that BitGo Holdings, Inc. will acquire NYDIG's institutional trading business has sent ripples through the cryptocurrency market.
This deal appears to be a strategic move by BitGo to expand its services and increase its market share in the rapidly growing crypto space.
A New Era for Institutional Trading BitGo gains access to over 250 institutional client relationships and approximately 30 experienced staff members with the acquisition of NYDIG's trading desk.