Mike Novogratz's Galaxy Digital buys crypto start-up BitGo in industry's first billion-dollar deal
By Alexdemarco in Business
Updated 3 years ago
Mike Novogratz's Galaxy Digital is set to acquire BitGo for $1.2 billion in cash and stock. The deal comes as the total value of the cryptocurrency market soars to $2 trillion. The merger will position Galaxy as a crypto-focused financial services firm offering storage, trading, asset management, tax services, and...