According to CoinMeta, BitGo has completed the acquisition of the institutional trading business of NYDIG, adding about 30 employees and expanding its derivatives and financing capabilities. The transaction includes the institutional customer trading relationships of NYDIG; specific financial terms have not been disclosed. BitGo's CEO, Mike Belshe, stated that this acquisition will "significantly enhance" the company's trading and infrastructure capabilities, enabling it to serve a wider range of institutional clients.