Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.
BitGo, a cryptocurrency payment and custody company, has secured $100 million in financing at a valuation of $1.75 billion. The company did not reveal the names of the investors involved but said that they are from the United States and Asia. BitGo said that the funds will be used for strategic acquisitions, with at least two deals already in the pipeline. Previous investors in BitGo include Goldman Sachs Group, DRW Holdings, and Galaxy Digital Ventures. The new financing highlights the increasing interest in cryptocurrencies among investors.
