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BitGo Buys NYDIG's Institutional Trading Arm to Beef Up Derivatives and Financing

BitGo Buys NYDIG's Institutional Trading Arm to Beef Up Derivatives and FinancingWorldPing

The roughly $42.5 million cash-and-stock deal adds derivatives, structured products and capital-markets capabilities, while letting NYDIG focus on its power and data-center business.

This is a short WorldPing brief. The full report was published by Decrypt.

Read the full report at Decrypt

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Ripple Prime has launched Delta One business offering total return swaps across U.S.-listed equities, indices, and digital assets. The expansion gives institutional investors cross-asset access through a single prime brokerage counterparty.

Brief by WorldPing · Original reporting by Bitcoin.com