BitGo Still Has Acquisitions Pending After Canceling Prime Trust Purchase
Submitted by Anonymous (not verified) on Mon, 06/26/2023 - 16:50CEO Mike Belshe said he sees consolidation in the crypto custody sector in the next six months.
CEO Mike Belshe said he sees consolidation in the crypto custody sector in the next six months.
CEO Mike Belshe said he sees consolidation in the crypto custody sector in the next six months.
BitGo made the decision after "considerable effort and work to find a path forward with Prime Trust."
BitGo made the decision after "considerable effort and work to find a path forward with Prime Trust."
CEO Joshua Payne said he expects the acquisition of a data center in Hannibal, Ohio to be "the first of several" over the next year.
CEO Joshua Payne said he expects the acquisition of a data center in Hannibal, Ohio to be "the first of several" over the next year.
The investment round included Telefónica Ventures, the investment arm of Spain’s largest telecommunications company Telefónica.
The investment round included Telefónica Ventures, the investment arm of Spain’s largest telecommunications company Telefónica.
The payments processor also cited crypto market conditions as a reason for the exit.
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