BitGo to Sue Galaxy Digital for $100M Termination Fee

Institutional crypto services company BitGo intends to seek legal action against crypto investment firm Galaxy Digital for refusing to pay a $100 million termination fee for abandoning its acquisition plans....

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BitGo seeks $100M+ from Galaxy Digital over merger termination

BitGo, a leading digital asset custodian, says it will seek over $100 million in termination fee damages from Mike Novogratz and Galaxy Digital Holdings Ltd.   A press release BitGo published on Monday noted that the crypto custodian viewed Galaxy’s earlier announcement that it had terminated their previously agreed acquisition deal as “improper.

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Galaxy Digital Back Pedal On $1.2 Billion Deal For BitGo Acquisition, BitGo To Seek $100 Million In Damages

Galaxy Digital has announced that it’s backing out of its $1.2 billion proposed acquisition of the cryptocurrency custodian, BitGo. Galaxy Digital Backs Out Of BitGo Deal A $1.2 billion acquisition of Palo Alto, California-based BitGo by digital asset investment firm Galaxy Digital has been canceled, ending one of the biggest acquisitions in cryptocurrency history. In […]

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Galaxy Digital Abandons $1.2B BitGo Acquisition

After BitGo failed to provide its audited financial statements for the year 2021, Galaxy Digital announced on Monday that it has canceled the $1. 2 billion proposed acquisition of the crypto custodian.

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Galaxy Digital terminates BitGo acquisition, citing breach of contract

After announcing plans to acquire BitGo in May 2021, Mike Novogratz’s Galaxy Digital has eventually dropped the deal but is still pursuing a listing in the United States.

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Galaxy Digital Abandons $1.2B Plan to Acquire Crypto Custody Firm BitGo

The $1.2 billion acquisition was announced May 2021 and was expected to close by the end of that year.

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Galaxy Digital delays BitGo acquisition to later on in 2022

The acquisition is scheduled to follow Galaxy's domestication in Delaware, which is expected to become effective between Q2 and Q4 of 2022.

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Galaxy Digital Tweaks BitGo Purchase Terms as It Awaits SEC Action

The acquisition was announced last May with an expectation of closing by the end of 2021.

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Galaxy Managing $3.2 Billion in Assets and Reports $400 Million Unrealized Gains in Q4 So Far

Mike Novogratz’s Galaxy is expecting a US stock listing in Q1 2022, the same as the completion of its BitGo acquisition, whose assets under custody rose 4x in less than a year. The post Galaxy Managing .

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Novogratz’s crypto firm Galaxy Digital delays US stock listing to 2022

After initiating the BitGo acquisition in May, Galaxy Digital expects to close the deal in the first three months of 2022.

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In Bitcoin Space’s Largest-Ever Deal, Galaxy Digital Will Buy BitGo For $1.2 Billion

In the largest-ever acquisition of a bitcoin services company, Galaxy Digital is buying BitGo for $1.2 billion.

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Novogratz Calls DOGE Middle Finger to the System, Says How BitGo Acquisition Will Help Digital Galaxy

Mike Novogtratz draws similarities between Dogecoin and Gamestop stocks, says why Digital Galaxy will now turn into a full-scale blockchain company

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Galaxy Digital to acquire crypto custodian and services provider BitGo

Under the acquisition’s terms, BitGo shareholders will get 33.8 million in newly issued shares of Galaxy Digital, in addition to $265 million in cash.

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Galaxy Digital to Buy BitGo for About $1.2B in Stock, Cash

The acquisition comes as Galaxy Digital plans a U.S. listing later this year.

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Ripple Helps Move 111 Mln XRP, PayPal?s Potential Acquisition Target BitGo Involved

Ripple giant has moved another gargantuan XRP amount together with one of its ODL platforms and the custodial service BitGo which PayPal considers for purchasing

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Why an analyst thinks Thorchain (RUNE) will benefit from a PayPal BitGo acquisition

The biggest crypto news event of the last day is the report from Bloomberg that PayPal is looking into acquiring BitGo, one of the industry’s leading digital asset custodians. The post Why an analyst thinks Thorchain (RUNE) will benefit from a PayPal BitGo acquisition appeared first on CryptoSlate.

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PayPal begins acquisition hunt – starting with BitGo

Just days after making an announcement that made waves in the crypto space, rumours...

The post PayPal begins acquisition hunt – starting with BitGo appeared first on Coin Journal.

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Genesis Capital to Become the ‘Goldman Sachs’ of Crypto with Vo1t Acquisition

New York-based cryptocurrency firm Genesis Capital announced on Thursday that it has acquired Vo1t for an undisclosed amount. With this deal, Genesis is moving to become a prime brokerage and join the likes of Fidelity Digital Assets, BitGo, and Tagomi.

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BitGo приобрел финансовую платформу Lumina в рамках дальнейшего расширения

Кастодиан BitGo приобрел криптовалютную платформу управления налогами Lumina для расширения спектра услуг, нацеленных на институциональных инвесторов. Сумма сделки не раскрывается. BitGo acquires Lumina! “The acquisition and integration of the crypto-native financial platform’s Portfolio and Tax software is an industry game-changer,” said Mike Belshe, CEO, BitGo.

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BitGo Acquires Security Token Platform Harbor to Expand Its Services

Coinspeaker BitGo Acquires Security Token Platform Harbor to Expand Its ServicesWith the Harbor acquisition, BitGo becomes the first firm in the crypto space wherein a single company holds broker-dealer, transfer agent, and qualified custodian licenses.

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BitGo Gains Entry to Digital Securities World Through Acquisition of Harbor

BitGo enters the world of digital securities through Harbor platform acquisition

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Crypto Custodian, BitGo, Acquires Harbor to Expand its Digital Currency Services

BitGo has announced that it will soon be an all-stack digital currency service provider following the acquisition of Harbor. The crypto custodian also acquired Harbor’s business subsidiaries which include a transfer agency and broker dealership for digital currencies.

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Harbor acquired by BitGo to include securities capability

BitGo, a provider of blockchain financial services, announced today that it is acquiring Harbor, a platform for digital securities, and its broker-dealer and transfer agent subsidiaries. The acquisition extends BitGo’s capabilities to address a wider class of digital assets for institutional investors and provides a foundation for a full-stack digital assets solution.

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Cryptocurrency Custody Giants Battle For Lions Share of Institutional Market

The acquisition of Xapo by Coinbase has effectively created the largest digital asset custodian in the world, with nearly $8 billion in assets managed. But this has only intensified the competition as custodial stalwart BitGo has announced they will be offering Xapo customers one year of free service with a dedicated account manager and upRead MoreRead More.

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Coinbase Acquires Xapo, Becomes World’s Largest Digital Asset Custodian

Now boasting a cumulative $7 billion in assets under custodial arrangements, the acquisition of Xapo has rendered Coinbase as the single largest cryptocurrency and digital asset custody company. The registry of clients exceeds 120 different institutions in 14 countries.

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