BITGO HO. INC. O.N.

BitGo has acquired NYDIG's institutional trading business along with the associated assets and integrated around 30 employees as well as trading relationships with institutional clients. Through the transaction, BitGo expands its custody, settlement and wallet infrastructure with capabilities in derivatives, structured products, financing and capital markets. NYDIG can now focus on power generation, Bitcoin mining and expanding data centers; its development pipeline exceeds 3 GW, with more than 1 GW slated for realization in 2027–2028. » Plus sur de.investing.com

BitGo reports that institutional discussions have increasingly focused on tokenization in recent months; BitGo technology supported a large portion of the tokenized transactions during the DTC live test on July 15. The company emphasizes the importance of keeping assets in custody throughout the trading lifecycle and recently integrated the Spotex trading venue into its Go Network to enable trading under regulated custody. BitGo cites balance-sheet purposes—such as hedging, treasury management and access to derivatives—rather than directional exposure as demand drivers. Customer numbers rose 26.2% year over year to 5,833 and normalized assets increased 31.4% to USD 65.2 billion; the shares climbed about 5.2% after the quarterly results. » Plus sur de.investing.com

BitGo reports Q2 2026 revenue of $4.3 billion (+79.6% year‑on‑year, +14.7% sequentially), while adjusted EBITDA shows a loss of $4.2 million and GAAP net loss was $19 million. Margin pressure and an unfavorable product mix weighed on gross margin; management sees initial margin improvements in July. The company plans annual cost savings of about $15 million starting in Q3 and aims to be close to break‑even in Q3, while investing in areas such as tokenized equities, stablecoins and quantum‑secure wallets. » Plus sur de.investing.com