Galaxy Digital failed to acquire BitGo from Jump Capital for $1.2bn.

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.