BitGo CEO details NYDIG merger in new podcast
What's the deal? BitGo has released a podcast episode featuring chief executive officer Mike Belshe and new head of financial infrastructure Pete Janney, who discuss the company's recent merger with NYDIG. The conversation, part of BitGo's "From The Vault" series, focuses on what the deal means for institutional clients. The merger's value was not disclosed.
What's the endgame? BitGo provides secure custody solutions for digital assets, aimed at institutional clients. The merger with NYDIG is meant to expand those capabilities and strengthen BitGo's position in serving institutional investors.
Who's who? Janney joined BitGo from NYDIG, where he previously worked, and now leads financial infrastructure at the combined company.
The signal: As digital asset firms compete to serve institutional money, custody and financial infrastructure have become key battlegrounds. BitGo's merger with NYDIG points to continued consolidation as players build out the services large investors require.
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