VENDOR · US
BitGo acquires NYDIG's institutional trading business
BitGo bought NYDIG's institutional crypto trading operations. NYDIG will focus on mining and data centers. Consolidates crypto trading infrastructure under a single custody and execution layer.
WHY IT MATTERS
Reduces fragmentation in institutional crypto infrastructure; simplifies onboarding for banks evaluating digital-asset offerings by centralizing custody and trading under one vendor.
Source: Banking Dive · 2026-08-31