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.
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Valkyrie partners with BitGo as custodian for its Bitcoin ETF, heralding industry-wide custodial diversification and intensifying the competitive landscape of spot Bitcoin ETFs.
BitGo's Singapore arm secures in-principle approval from MAS for a major payment institution licence, paving the way for non-retail investor trading. The firm plans to expand its cryptocurrency services in Singapore, targeting institutional clients with its innovative cold storage custody solution.
The 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.
BitGo'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.
Mereka berharap dapat meluncurkan usaha ini pada paruh kedua tahun 2024
Tiga penjaga crypto mengatakan mereka akan dapat terus beroperasi.
FTX telah setuju untuk menyewa BitGo untuk menyimpan $740 juta sisa aset digitalnya di cold wallet.
Galaxy Digital telah mengumumkan bahwa mereka mundur dari $1,2 miliar usulan akuisisi kustodian cryptocurrency, BitGo. Galaksi ...
"Baik Galaxy berhutang kepada BitGo biaya penghentian $100 juta seperti yang dijanjikan atau telah bertindak dengan itikad buruk dan menghadapi kerugian sebesar itu atau lebih," kata R. Brian Timmons.
Akuisisi ini dijadwalkan mengikuti domestikasi Galaxy di Delaware, yang diharapkan efektif antara Q2 dan Q4 tahun 2022.