BitGo Acquires NYDIG’s Institutional Trading Business to Expand Derivatives and Financing

BitcoinWorld BitGo Acquires NYDIG’s Institutional Trading Business to Expand Derivatives and Financing BitGo, a U.S.-listed crypto custody firm trading under the ticker NYSE: BTGO, announced on Aug.

27 that it has acquired the institutional trading business and related assets of NYDIG, a Bitcoin financial services provider.

The move is set to broaden BitGo’s trading services for institutional clients, adding derivatives, structured products, financing, and capital markets capabilities to its existing custody offerings.

Strategic Expansion in Institutional Crypto Services The acquisition marks a significant step for BitGo as it looks to strengthen its position in the institutional digital asset market.