Windsor Drake
Transaction · Crypto / Stablecoin · 2026

BitGo acquires NYDIG's institutional trading business

BitGo acquired NYDIG's institutional trading business on August 31, 2026.

Target
NYDIG's institutional trading business
Acquirer
BitGo
Announced
August 31, 2026
Sub-sector
Crypto / Stablecoin

Transaction overview

  • BitGo announced the acquisition of NYDIG's institutional trading business on August 31, 2026.

Strategic rationale

BitGo acquires NYDIG's institutional trading business; NYDIG refocuses on mining.

Deal terms & multiples

Deal value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
EV / Revenue
Not disclosed
EV / EBITDA
Not disclosed
Announcement
August 31, 2026
Acquirer
BitGo (Strategic)
Sub-sector
Crypto / Stablecoin

Sources

  • bankingdive.com /news/bitgo-acquires-nydig-institutional-trading-business-digital-assets-crypto-occ/829195/

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