Announced
Financials
Tags
FinTech
Private
Single Bidder
Majority
United States
e-commerce
Acquisition
Private Equity
Domestic
Friendly
Failed
Synopsis
Galaxy Digital, a diversified financial services and investment management company, failed to acquire BitGo, a digital asset financial services provider, from Jump Capital, a private equity firm, for $1.2bn. “Galaxy remains positioned for success and to take advantage of strategic opportunities to grow in a sustainable manner. We are committed to continuing our process to list in the U.S. and providing our clients with a prime solution that truly makes Galaxy a one-stop shop for institutions,” Mike Novogratz, Galaxy Digital CEO and Founder.
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