News Formal

Crypto Custody Firm BitGo Cancels Prime Trust Acquisition

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

BREAKING: BitGo cancels plan to buy Prime Trust. By JamieCrawleyCD.

Cryptocurrency custodian BitGo has terminated its acquisition of rival custody specialist Prime Trust.

BitGo made the decision after"considerable effort and work to find a path forward with Prime Trust," the firm"This decision was not made lightly and BitGo remains committed to our mission to deliver trust in digital assets," BitGo added. Prime Trust has been losing clients and deposits to competitors for weeks amid mounting concerns over its business, a source at one of the former client told CoinDesk.following speculation that the Nevada-regulated custodian was facing bankruptcy.Adds additional paragraph about Prime Trust losing clients and depositors and adds second byline.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 291. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

BitGo says it's terminating acquisition of Prime TrustBitGo said Thursday that it's terminating the acquisition of crypto custodian Prime Trust, just two weeks after it announced plans for the deal.
Herkunft: TheBlock__ - 🏆 464. / 53 Weiterlesen »