What is BitGo & Galaxy Digital?

BitGo's product suite is complementary to Galaxy Digital's existing offerings across Asset Management, Trading, Investment Banking, and Mining. The combined business will be uniquely positioned to serve the entirety of clients' financial services needs, whether they are storing assets or transacting.

What does glxy do with BitGo?

Galaxy Digital Holdings Ltd. GLXY, +0.98%, a financial services and investment manager in the digital asset, cryptocurrency and blockchain technology sectors, said Wednesday it has agreed to acquire BitGo, an independent digital assets infrastructure provider, for $1.2 billion in stock and cash.

Who is advising Galaxy Digital on the acquisition of BitGo?

Citi is serving as financial advisor to Galaxy Digital on the acquisition of BitGo. Galaxy Digital's Investment Banking division also provided assistance on the transaction. Davis Polk & Wardwell LLP, Blake, Cassels & Graydon LLP and Maples and Calder LLP are serving as legal advisors to Galaxy Digital.

Who is Galaxy Digital?

Galaxy Digital (TSX: GLXY) is a diversified financial services and investment management company in the digital asset, cryptocurrency, and blockchain technology sectors. Galaxy Digital's team has extensive experience spanning investing, portfolio management, capital markets, venture capital, asset management, and blockchain technology.