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.
MiyukiValkyrie partners with BitGo as custodian for its Bitcoin ETF, heralding industry-wide custodial diversification and intensifying the competitive landscape of spot Bitcoin ETFs.
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.
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 BoThe acquisition follows a relatively recent fundingraising for BitGo and a partnership with South Korea's Hana Bank.
ClementThey hope to launch the venture in the second half of 2024
ClementThree crypto custodians say they will be able to continue operating.
CryptoSlateFTX has agreed to hire BitGo to hold its $740 million of remaining digital assets in cold wallets.
The BlockGalaxy Digital has announced that it's backing out of its $1.2 billion proposed acquisition of the cryptocurrency custodian, BitGo. Galaxy ...
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.
CointelegraphThe acquisition is scheduled to follow Galaxy's domestication in Delaware, which is expected to become effective between Q2 and Q4 of 2022.
Cointelegraph