EconomyWall Street’s favorite Bitcoin broker walks away from institutional trading to chase gigawatts of power
BitGo is acquiring NYDIG’s institutional trading business, including about 30 employees and institutional client relationships, for roughly $42.5 million upfront, with additional earn-outs tied to revenue hurdles. NYDIG is focusing resources on power, Bitcoin mining and high-performance-computing data centers, claiming a footprint above 3 GW without disclosing its returns.
Wall Street’s favorite Bitcoin broker walks away from institutional trading to chase gigawatts of power
Economy