Valkyrie's Strategic Leap: BitGo Custodianship for Bitcoin ETF
Valkyrie partners with BitGo as custodian for its Bitcoin ETF, heralding industry-wide custodial diversification and intensifying the competitive landscape of spot Bitcoin ETFs.
 Miyuki
MiyukiValkyrie partners with BitGo as custodian for its Bitcoin ETF, heralding industry-wide custodial diversification and intensifying the competitive landscape of spot Bitcoin ETFs.
 Miyuki
MiyukiThe decade-old crypto custody business said it could offer digital payment token services in the city-state once it obtains the full Major Payment Institution license.
 Zoey
ZoeyBitGo's subsidiary in Singapore secures an in-principle approval for a Major Payment Institution license, aiming to provide regulated digital payment token services. Singapore's prominence as a crypto innovation hub drives BitGo's commitment to expanding services, leveraging the region's regulatory framework and business appeal. With a strategic financing of $100 million, BitGo aims for global expansion and strategic acquisitions, emphasizing its commitment to establishing a regional headquarters in Singapore.
 Huang Bo
Huang BoThey hope to launch the venture in the second half of 2024
 Clement
ClementThe court filing unveiled that Binance maintained multiple accounts at now-defunct Silvergate Bank and Signature Bank.
 Others
OthersFTX has agreed to hire BitGo to hold its $740 million of remaining digital assets in cold wallets.
 The Block
The BlockExchange executives Nishad Singh and Ryan Salame were also the recipients of sizable loans.
 Coindesk
CoindeskGalaxy Digital has announced that it's backing out of its $1.2 billion proposed acquisition of the cryptocurrency custodian, BitGo. Galaxy ...
 Bitcoinist
Bitcoinist"Either Galaxy owes BitGo a $100 million termination fee as promised or it has been acting in bad faith and faces damages of that much or more," said R. Brian Timmons.
 Cointelegraph
CointelegraphThe acquisition is scheduled to follow Galaxy's domestication in Delaware, which is expected to become effective between Q2 and Q4 of 2022.
 Cointelegraph
Cointelegraph