BitGo Acquires NYDIG Institutional Trading Business

BitGo has acquired the institutional trading business of Bitcoin infrastructure company NYDIG, adding derivatives and financing capabilities as it expands services for institutional crypto clients.BitGo said it completed the acquisition of NYDIG’s institutional trading business under a definitive agreement, the company announced Thursday. The transaction includes NYDIG’s institutional client trading…

Visa Partners With Upbit Parent on Stablecoin Payments

Visa and Dunamu, the parent company of South Korean cryptocurrency exchange Upbit, have formed a strategic partnership to explore stablecoin payments, cross-border remittances and artificial intelligence-powered commerce.The companies will combine Dunamu’s digital asset technology with Visa’s global payments network to explore payment, remittance and settlement services in major markets, according to a Friday announcement from Dunamu.“The spread of AI, stablecoins and tokenization is a key trend that will change how finance and commerce operate,” Dunamu…

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