
Crypto Firm BitGo Acquires NYDIG’s Institutional Trading Division
Digital asset custodian BitGo has purchased New York Digital Investment Group’s institutional trading arm to expand its derivatives and financing capabilities.
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Digital asset custodian BitGo has purchased New York Digital Investment Group’s institutional trading arm to expand its derivatives and financing capabilities.
Crypto custodian BitGo has agreed to purchase New York Digital Investment Group’s institutional trading division, expanding its derivatives and financing capabilities. The acquisition marks a strategic consolidation within the digital asset custody sector as cryptocurrency markets recover.

Aluminum giant Alcoa is reportedly nearing a deal to sell its long-idle Massena East smelter in upstate New York to Bitcoin mining company NYDIG.

Digital asset custodian BitGo has completed the purchase of NYDIG's trading operations, significantly broadening its institutional-grade cryptocurrency platform capabilities.