Advertisement
AD

Main navigation

BREAKING: Mike Novogratz’s Crypto Bank Acquires BitGo Custodial Service

Advertisement
Wed, 5/05/2021 - 10:38
BREAKING: Mike Novogratz’s Crypto Bank Acquires BitGo Custodial Service
Cover image via www.facebook.com
Read U.TODAY on
Google News

CoinDesk has reported that Galaxy Digital investment crypto bank founded and led by Mike Novogratz is preparing to buy crypto custodial service BitGo for a whopping $1.2 billion.

Advertisement

BitGo shareholders will receive around $265 million in cash and 33.8 million of recently emitted shares of the company.

7453_8
Image via Twitter

Related
Dogecoin’s Market Cap Grows to $90 Billion, But Spencer Bogart Warns It Has No Real Users

Mike Novogratz is a crypto believer who has been an early investor in Bitcoin and Ethereum, becoming the first-ever ETH buyer from Wall Street back in 2015, when he bought 500,000 ETH for around $0.99 per coin.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD