Galaxy Digital Dumps Bitgo Merger, Bitgo Demands $100 Million in Break Up Fee

Galaxy Digital (TSX: GLXY) has terminated its acquisition of Bitgo, an institutional digital asset trading and custody provider. Galaxy currently has a market cap of around CDN $2.9 billion. The proposed merger, put in place in 2021, valued Bitgo at around $1.2 billion. In a… Read More
Read more in: Blockchain & Digital Assets, Investment Platforms and Marketplaces | Tagged bitgo, galaxy digital, mike belshe, mike novogratz, quinn emanuel