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Nydig

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NEWS1H
BitGo Expands Institutional Crypto Push With NYDIG Trading Arm Deal
BitGo is buying NYDIG IF Holdings in a transaction valued at $42.5 million in cash and stock, with another $15 million in cash tied to revenue milestones. The acquisition adds institutional trading capabilities, including derivatives, structured products, financing and capital markets services, to BitGo’s custody and wallet business.