Bitgo Completes Acquisition of Nydig's Institutional Trading Business
Bitgo Holdings has completed the acquisition of Nydig's institutional trading business and related assets. With this transaction, Bitgo expands its service offerings for institutional clients, while Nydig can focus on vertically integrated development and Bitcoin mining. Bitgo plans to enhance its funding capabilities and derivatives functionality to expand its institutional market platform and complement its existing trading products. Approximately 30 Nydig employees will join Bitgo, and Nydig's institutional client trading relationships will also be transferred. Bitgo's CEO, Mike Belshé, stated that this transaction will provide a broader range of services to institutional clients. Nydig's institutional trading business offers derivatives and financial solutions, and Bitgo has strengthened its capabilities to expand its customer base through this acquisition. Pete Janney, Bitgo's Head of Financial Infrastructure, expressed his excitement about being able to provide innovative solutions to clients. Nydig's CEO, Tejas Shah, anticipates that the collaboration with Bitgo will provide a smooth transition for clients and employees.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Strategy Opposes MSCI Proposal to Exclude Digital Assets

Blockstream Revamps Bitcoin Explorer Dashboard

Peach Limits P2P Bitcoin Sales Under New Rules

Sam Price Discusses Bitcoin Funding Rates and Market Volatility

Bitcoin: American Bitcoin Achieves Record Production Despite Cost Debate

Crypto market moves ‘as one block’ despite broader rally: Cryptex co-founder

Sberbank Projects 46 Billion USD in Crypto Trading, Plans Ethereum and USDT Loans

What would it take to bring Hyperliquid to the US? Former SEC counsel explains

Former Credit Suisse executive predicts Bitcoin to reach 150000 by 2027

Why Bitcoin’s $2B corporate treasuries are a ticking time bomb of hidden conditional supply

Bitcoin needs ETF demand to hold as Fed rate hike risk grows: analysts

Bernstein Bank Projects Bitcoin Will Reach $300,000 by 2029

CME Bitcoin Derivatives Position Exceeds Coinbase by 50.9 Times

Goldman Sachs: Carry Strategy Remains Valid Despite Yen Intervention

HIVE Evaluates Entry into the Asunción Stock Exchange

US Debt Crisis Intensifies Capital Outflow, Bitcoin Options Bet on $100,000 by 2026

Coinhouse Acquires Tilvest and Strengthens Its Position in Crypto Management

Strive buys $143M in Bitcoin, becomes fifth-largest holder

"Technology Takes a Backseat": How Stablecoins Transition from Savings to Everyday Payments

BTC Drops 62% Against Nasdaq, Resistance at 78500

Hacking: Belgium demands crypto addresses from illegal sites

GameStop Stock Rises 4% After 358 Million Dollar Payment

CME Targets ETFs: The First FCA-Regulated Multi-Asset Crypto Indices Are Born

Bitcoin Approaches Recent Options Trading Concentration Zone, Increasing Upward Pressure

Crypto Funds: $3.2 Billion in One Week, Bank of America Hasn't Seen This Since October 2025

What Is Worth Preserving: Rupture On Remains, Decay, And The Collector's Dilemma

Metaplanet Transfers 2,400 BTC to Coinbase, Valued at Approximately $186 Million

Bitcoin Rises by 30%, but Trading Volumes are 70% Lower

AI Forces Diversification of Bitcoin Custody













