BitGo

Crypto Custodian BitGo Raises $100M Nearly Two Months After Scrapping Prime Trust Deal: Bloomberg
Crypto Custodian BitGo Raises $100M Nearly Two Months After Scrapping Prime Trust Deal: Bloomberg
According to a new report from Bloomberg, BitGo has raised $100 million at a valuation of $1.75 billion. This comes nearly two months after the crypto custodian canceled its p...
Crypto Custodian BitGo Raises $100M Nearly Two Months After Scrapping Prime Trust Deal: Bloomberg

BitGo has raised $100 million at a $1.75 billion valuation. (Danny Nelson/CoinDesk)
BitGo Raises $100M After Scrapping Prime Trust Deal: Bloomberg
The raises comes nearly two months after BitGo ended its plan to buy beleaguered rival Prime Trust.
BitGo has raised $100 million at a $1.75 billion valuation. (Danny Nelson/CoinDesk)

BitGo CEO Mike Belshe at Consensus 2023. (Shutterstock/CoinDesk)
Crypto Custody Firm BitGo Hires Ex-Genesis Exec Matthew Ballensweig to Lead Go Network
Ballensweig, who was also co-head of trading and lending at Genesis, will head up BitGo's newly launched platform.
BitGo CEO Mike Belshe at Consensus 2023. (Shutterstock/CoinDesk)

Prime Trust CEO Tom Pageler. (Prime Trust)
Apparently It's Very Difficult to Custody Crypto
Prime Trust, the allegedly insolvent crypto custodian that owes customers upwards of $156 million, is not helping the crypto industry's shady mainstream reputation.
Prime Trust CEO Tom Pageler. (Prime Trust)

Bitcoin Investment Sentiment Turns Bullish; Hut 8 Secures Up to $50M in Loans From Coinbase
Bitcoin Investment Sentiment Turns Bullish; Hut 8 Secures Up to $50M in Loans From Coinbase
"CoinDesk Daily" host Jennifer Sanasie takes a look at today's hottest headlines in the crypto industry. Digital asset investment products witnessed the largest single weekly...
Bitcoin Investment Sentiment Turns Bullish; Hut 8 Secures Up to $50M in Loans From Coinbase

BitGo CEO on Terminating Prime Trust Acquisition
BitGo CEO on Terminating Prime Trust Acquisition
BitGo CEO Mike Belshe joins "First Mover" to address why the custodian terminated its acquisition of rival Prime Trust after reaching a preliminary agreement to acquire the fi...
BitGo CEO on Terminating Prime Trust Acquisition

BitGo CEO Mike Belshe Reveals Plans for Future Acquisitions Amid Market Consolidation
BitGo CEO Mike Belshe Reveals Plans for Future Acquisitions Amid Market Consolidation
BitGo CEO Mike Belshe told First Mover "we've got some pending" acquisitions and foresees "consolidation in the space over the next six months" after abandoning its takeover o...
BitGo CEO Mike Belshe Reveals Plans for Future Acquisitions Amid Market Consolidation

BitGo CEO Mike Belshe. (Shutterstock/CoinDesk)
BitGo Still Sees Consolidation in Crypto Custody After Spurning Prime Trust: CEO
CEO Mike Belshe said the firm has other acquisitions pending.
BitGo CEO Mike Belshe. (Shutterstock/CoinDesk)

Bitcoin Trades at a Discount on Binance.US: Kaiko; BitGo Cancels Acquisition of Prime Trust
Bitcoin Trades at a Discount on Binance.US: Kaiko; BitGo Cancels Acquisition of Prime Trust
"CoinDesk Daily" host Jennifer Sanasie gives an update on some of the stories making headlines in the world of crypto. Bitcoin is currently trading at a discount on crypto exc...
Bitcoin Trades at a Discount on Binance.US: Kaiko; BitGo Cancels Acquisition of Prime Trust