BitGo Acquires NYDIG Institutional Trading Unit | DefiEdge
BitGo to acquire NYDIG institutional trading unit, adding trading, derivatives and financing to custody and OTC services.
BitGo is acquiring NYDIG’s institutional trading unit, according to multiple outlets including Business Wire, CNBC, The Block and Reuters.
The transaction adds trading, derivatives and financing capabilities to BitGo’s existing custody and over-the-counter services.
NYDIG is reallocating focus toward Bitcoin mining infrastructure after the sale.
The reporting does not disclose commercial terms or a closing timeline.
Impact on client workflows or capital efficiency is not quantified in the coverage.