News Explorer — BitGo Raises $100 Million at a $1.75 Billion Valuation

BitGo Raises $100 Million at a $1.75 Billion Valuation

Crypto custodian BitGo has raised $100 million at a valuation of $1.75 billion, some of which will go towards “strategic acquisitions.” This comes after the company abandoned its plans to acquire rival firm Prime Trust. Prime Trust, facing financial and regulatory difficulties, may have to lay off up to 75% of its staff.

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Aug 16, 4:43 am

Coindesk

BitGo Raises $100 Million at a $1.75 Billion Valuation

Crypto custodian BitGo has raised $100 million at a valuation of $1.75 billion, some of which will go towards “strategic… Read Summary

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Aug 16, 3:41 am

Reuters

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Aug 16, 3:30 am

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Aug 16, 3:08 am

Protos

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Aug 16, 2:21 am

The Block

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Aug 15, 2:30 pm

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Aug 15, 1:44 pm

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Aug 15, 1:32 pm

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