BitGo CEO: There are still other acquisition plans

ChainCatcher news, according to CoinDesk, cryptocurrency custody company BitGo still has acquisition plans after abandoning its acquisition of competitor Prime Trust. CEO Mike Belshe mentioned, "We have (other acquisitions) that are not completed, and I haven't been able to announce them, but I believe there will be consolidation in this space within the next 6 months."

Previously, BitGo terminated its acquisition of Prime Trust amid speculation that the target would go bankrupt. Reports emerged that Prime Trust was ordered by the Nevada Department of Financial Institutions to cease deposits and withdrawals. (Source link)