Galaxy Digital announced that it will terminate the acquisition of BitGo

[Galaxy Digital announced that it will terminate the acquisition of BitGo] Jinse Finance reported that Galaxy Digital announced on Monday morning that it has terminated the long-awaited acquisition of cryptocurrency custodian BitGo. It comes after BitGo “failed to deliver 2021 audited financial statements in compliance with our agreement by July 31, 2022.” And there are no termination fees. the

Galaxy CEO and founder Mike Novogratz said Galaxy remains in a position to succeed and take advantage of strategic opportunities to grow in a sustainable manner. We are committed to continuing our progress towards US launch and providing our customers with premium solutions that truly make Galaxy a one-stop shop.

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