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BitGo
Crypto Custodian BitGo Raises $100M Nearly Two Months After Scrapping Prime Trust Deal: Bloomberg
According to a new report from Bloomberg, BitGo has raised $100 million at a valuation of $1.75 billion. This comes nearly two months after the crypto custodian canceled its plans to acquire rival Prime Trust. "First Mover" hosts Jennifer Sanasie and Lawrence Lewitinn discuss BitGo's new funding after Prime Trust filed for bankruptcy. Plus, their outlook on some of the billion-dollar valuations within the crypto industry.
BitGo lève 100 millions de dollars après avoir abandonné son accord avec PRIME Trust, selon Bloomberg
Ces augmentations interviennent près de deux mois après que BitGo a mis fin à son projet d'achat de son rival en difficulté PRIME Trust.
BitGo, la société de garde de Crypto , recrute Matthew Ballensweig, ancien dirigeant de Genesis, pour diriger le réseau Go.
Ballensweig, qui était également co-directeur du trading et des prêts chez Genesis, dirigera la nouvelle plateforme lancée par BitGo.
Pourquoi le retrait du Nasdaq de la garde est une mauvaise nouvelle pour les Crypto
Si un géant financier ne peut T se frayer un chemin à travers la bureaucratie, qui le peut ?
Apparemment, il est très difficile de conserver des Crypto
PRIME Trust, le dépositaire de Crypto prétendument insolvable qui doit plus de 156 millions de dollars à ses clients, n'aide pas la réputation douteuse du secteur de la Crypto .
Bitcoin Investment Sentiment Turns Bullish; Hut 8 Secures Up to $50M in Loans From Coinbase
"CoinDesk Daily" host Jennifer Sanasie takes a look at today's hottest headlines in the crypto industry. Digital asset investment products witnessed the largest single weekly inflows in a year - mostly dominated by bitcoin-related products, according to a report from CoinShares. Meanwhile, Hut 8 Mining (HUT) has secured up to $50 million in loans from Coinbase Credit to fund its operations, which includes closing a merger with US Bitcoin Corp. Plus, days after abandoning its proposed purchase of Prime Trust, BitGo CEO Mike Belshe said the cryptocurrency custodian has more acquisitions in the pipeline. And, the NEAR Foundation is joining Alibaba Cloud to accelerate Web3 growth in Asia and the Middle East.
BitGo CEO on Terminating Prime Trust Acquisition
BitGo CEO Mike Belshe joins "First Mover" to address why the custodian terminated its acquisition of rival Prime Trust after reaching a preliminary agreement to acquire the firm for an undisclosed amount. Plus, insights into BitGo's Go Network and Belshe's outlook on crypto regulation.
BitGo CEO Mike Belshe Reveals Plans for Future Acquisitions Amid Market Consolidation
BitGo CEO Mike Belshe told First Mover "we've got some pending" acquisitions and foresees "consolidation in the space over the next six months" after abandoning its takeover of rival Prime Trust. Belshe also envisions "the opportunity to bring in some adjacent businesses that really help bolster and strengthen us as a full-service custodian."
BitGo continue de consolider sa position dans la garde des Crypto après avoir rejeté PRIME Trust, selon son PDG.
Le PDG Mike Belshe a déclaré que la société avait d'autres acquisitions en attente.
Bitcoin Trades at a Discount on Binance.US: Kaiko; BitGo Cancels Acquisition of Prime Trust
"CoinDesk Daily" host Jennifer Sanasie gives an update on some of the stories making headlines in the world of crypto. Bitcoin is currently trading at a discount on crypto exchange Binance.US, according to data from Kaiko. Cryptocurrency custodian BitGo terminated its acquisition of rival Prime Trust. And, Mastercard has expanded its Engage program, which links potential card issuers with partners that can provide appropriate technical expertise, to help bring cryptocurrency card programs to market.