2023-6-23 19:09 |
Digital assets custodian BitGo, will not be going forward with its planned acquisition of its rival crypto custody platform Prime Trust.
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Crypto custodian BitGo said on June 8 that it signed a term sheet to acquire 100% equity in Prime Core Technologies, the parent company of Prime Trust. BitGo said the acquisition would allow BitGo to offer a “full suite of solutions” to institutional clients and fintech companies.
2023-6-9 01:58 | |
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Although details of the deal are not yet available, the acquisition would combine two major industry custodians.
2023-6-9 23:30 | |
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Cryptocurrency custody firm BitGo is seeking to buy Prime Trust, another crypto custody specialist regulated in the state of Nevada, according to a person familiar with the matter.
2023-6-9 22:24 | |
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BitGo, a crypto prime brokerage, has won a contract to custody the Bitcoin seized by US Marshals Services. The contract won is valued at about $4. 5 million for an undisclosed period of time. One of the largest crypto asset custodians, BitGo has $30 billion worth of assets in its custody as of February.
2021-4-23 17:57 | |
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Coinbase, BitGo and Genesis all announced plans to become prime brokers this month. Here's what the trend reveals about the state of the industry.
2020-5-31 20:45 | |
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Cryptocurrency custodian, BitGo, launches a prime brokerage service for institutional investors. According to the CEO of BitGo, Mike Belshe, speaking on the launch this Wednesday, the service will offer institutions the best trading prices across four of the top 10 exchanges.
2020-5-29 19:33 | |
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Coinspeaker BitGo Introduces New Platform for Institutional Traders Dubbed BitGo PrimeCryptocurrency asset trading and custodian BitGo is expanding its offering for institutional traders with the news BitGo Prime platform.
2020-5-28 18:18 | |
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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.
2020-5-22 19:44 | |
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New Zealand-based crypto exchange Dasset has gone into liquidation, denying customers access to their funds. Crypto custodian Prime Trust has also filed for bankruptcy. The post New Zealand-based Crypto Exchange Goes Bust Leaving Customers Stranded appeared first on BeInCrypto.
The Nevada Financial Institutions Division has recently lodged a petition for receivership for Prime Trust citing operational instability and insolvency.
The stablecoin issuer said last week that it had “no exposure” to the failed crypto custodian Prime Trust.
Prime Trust is facing financial troubles and a shortage of customer funds, leading to a cease-and-desist order from the Nevada FID
BitGo, a leader in digital asset trust and security, has announced that it has terminated its acquisition of Prime Trust, a technology-driven financial institution that provides custody and escrow services for the digital asset industry.
Stablecoin project TrueUSD said Thursday it had “no exposure” to embattled crypto services company Prime Trust as it raced to shore up confidence in its dollar-backed TUSD.