BitGo to Buy NYDIG Trading Business as Crypto Rebound Continues
BitGo will acquire NYDIG's institutional brokerage, adding 30 staff and 250 clients. The deal expands BitGo's regulated trading and custody platform.
BitGo will acquire NYDIG's institutional brokerage and trading division, CNBC reported.
The deal adds roughly 30 specialized staff and about 250 institutional clients, including hedge funds and asset managers, to BitGo's regulated platform.
The acquisition brings derivatives and financing capabilities, broadening BitGo's offering beyond custody. NYDIG will redirect its focus to Bitcoin mining and high-performance computing data centers, according to the announcement.
The transaction comes after digital asset trading volumes recovered. BitGo, which obtained a South Korea VASP license and reported nearly $4.3 billion in revenue for the first half of 2026, has been expanding its institutional services. Financial terms were not disclosed.
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