Tuesday, November 28, 2023

Galaxy Digital’s Termination of $1.2B Acquisition of Crypto Custodian BitGo Upheld by Federal Decide



The 2 initially agreed to a deal in Could 2021, with Galaxy trying to grow to be a one-stop store for prime brokerage companies geared towards institutional traders. With the crypto bear market in full swing, Galaxy finally known as off the merger in August 2022, citing Bitgo’s withholding of audited monetary statements.

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