BitGo launches institutional trading unit under Janney
Key points BitGo Holdings (NYSE:BTGO) launched Global Markets, a new institutional trading and financial services business led by former NYDIG executive Pete Janney. The division combines spot trading, financing, derivatives, collateral management, asset management and institutional research. The launch follows BitGo's acquisition of NYDIG's institutional trading business, adding approximately 30 employees and expanding its capital markets capabilities. BitGo Holdings (NYSE:BTGO) launched Global Markets, an institutional trading division led by former NYDIG executive Pete Janney, according to an exclusive report by The Block. The new business combines BitGo's existing institutional trading and Prime Services operations with expanded derivatives and collateral management...
