BitGo agrees to buy NYDIG's institutional trading business and related assets, expanding BitGo's derivatives offerings; ~30 NYDIG employees are joining BitGo (Tanaya Macheel/CNBC)

BitGo is acquiring NYDIG’s institutional trading business and related assets, adding roughly 30 NYDIG employees to its team. The transaction expands BitGo’s offerings in cryptocurrency derivatives, strengthening its position in the institutional market.