BitGo Acquires NYDIG's Trading Arm to Expand Institutional Crypto Services

Bitcoin infrastructure firm BitGo said on Thursday, 5 Shahrivar 1405 (August 27, 2026), that it has completed the acquisition of NYDIG's institutional trading business under a definitive agreement. According to Cointelegraph, the deal includes NYDIG's institutional client trading relationships and about 30 employees who are joining BitGo; financial terms were not disclosed.

The acquired unit provides derivatives, structured products and financing services to asset managers, hedge funds and companies. BitGo CEO Mike Belshe said the deal will meaningfully scale the company's trading and infrastructure capabilities. According to the report, NYDIG plans to focus its remaining resources on power generation, Bitcoin mining and high performance computing data centers, where its development pipeline exceeds 3 gigawatts of planned capacity.