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Crypto Custody Provider BitGo Ditches Plan to Acquire Rival Prime Trust

Crypto Custody Provider BitGo Ditches Plan to Acquire Rival Prime Trust
Digital asset custodian BitGo has shelved its planned acquisition of rival Prime Trust despite preliminary agreement reached earlier in the month. The initial takeover agreement came amid speculation that Prime Trust was facing bankruptcy. BitGo Shuns Prime Trust Takeover“After considerable effort and work to find a path forward with Prime Trust, BitGo has made the hard decision to terminate its acquisition of Prime Trust,” the California-based firm said in a Twitter post published today (Thursd... Read More
Posted: Jun 22 2023, 20:43
Author Name: financemagnates
Views: 092069

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