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Bullboard - Stock Discussion Forum Galaxy Digital Holdings Ltd T.GLXY

Alternate Symbol(s):  BRPHF

Galaxy Digital Holdings Ltd. is a digital asset and blockchain company. The Company provides institutions, startups, and qualified individuals access to the crypto economy. Its full suite of financial services is custom-made for a digitally native ecosystem, providing multiple business lines: trading, asset management, investment banking, mining, and ventures. Its trading business, Galaxy... see more

TSX:GLXY - Post Discussion

Galaxy Digital Holdings Ltd > Galaxy Digital To Acquire BitGo For $1.2 Billion
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Post by AwareInvestor on May 05, 2021 7:22am

Galaxy Digital To Acquire BitGo For $1.2 Billion

Galaxy Digital this morning announced that it has enetered into an arrangement to acquire BitGo in a transaction pegged at $1.2 billion in total consideration. BitGo is an independent digital assets infrastructure provider.
Comment by Pucci1989 on May 05, 2021 9:56am
Galaxy is on it's way to become a one stop shop for institutional investors. I am sure this acquisition will help them get approval for their Bitcoin ETF application.  Great news IMO...
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