Forbes: BitGo plans to raise new funds at a valuation of $1.2 billion

2022-11-16 08:43:11
Collection

ChainCatcher news, according to sources, cryptocurrency custody company BitGo is in preliminary discussions to raise new funds at a valuation of $1.2 billion. BitGo claims it has no exposure to risks from companies like FTX, Alameda, Three Arrows Capital, or Celsius.

ChainCatcher previously reported that Galaxy Digital announced in April this year that it was terminating its acquisition of BitGo. BitGo stated in August that it plans to sue Galaxy Digital and seek $100 million in damages. (Forbes)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators