2 years ago
Cryptocurrency custody steadfast BitGo inactive has acquisitions successful the pipeline aft abandoning its takeover of rival Prime Trust, CEO Mike Belshe told CoinDesk TV's First Mover connected Monday.
BitGo terminated the acquisition of Prime Trust connected June 23 amid speculation of the target's bankruptcy. News dispersed Prime Trust was halting deposits and withdrawals by bid of the Nevada Financial Institution Division.
"We've got [other acquisitions] pending," Belshe said. "I haven't been capable to denote them yet but I deliberation there's going to beryllium consolidation successful the abstraction implicit the adjacent six months."
Edited by Sheldon Reback.
English (US) 