BitGo Reports $19M Q2 Loss Despite Revenue Rising 80% to $4.3B
BitGo reported a $19 million Q2 net loss, driven by compressed trading margins and digital asset mark-to-market losses, despite an 80% revenue increase.
David Walker covers venture capital activity, startup ecosystems, and investment trends across the cryptocurrency and blockchain industry. His reporting focuses on funding rounds, acquisitions, and the strategic expansion of emerging crypto companies. He frequently analyzes how investors and technology firms are shaping the next generation of decentralized financial platforms. Based in San Francisco, David closely follows venture-backed innovation in digital assets.
BitGo reported a $19 million Q2 net loss, driven by compressed trading margins and digital asset mark-to-market losses, despite an 80% revenue increase.
Goldman Sachs Asset Management is acquiring NEOS Investments for up to $2.25 billion, integrating $30 billion in options-based income ETFs, including flagship Bitcoin and Ether yield funds.
Zama has listed its ZAMA token on Revolut across the European Economic Area, bringing fully homomorphic encryption (FHE) privacy tools to the fintech platform's 70 million…
A New York Times report reveals that Guren "Bobby" Zhou, the businessman behind Aqua 1's $100 million purchase of World Liberty Financial tokens, remains under active investigation in Britain for money laundering.
Robinhood has expanded its UK app capabilities, enabling eligible local investors to trade more than 50 cryptocurrencies with no commission or custody fees.
OKX has announced the phased delisting of six spot trading pairs involving GODS, PRCL, and DUCK, alongside an immediate suspension of deposits.
Non-custodial Web3 wallet provider MetaMask has launched Agent Wallet, a specialized infrastructure enabling AI agents to autonomously manage on-chain transactions within strict user-defined security guardrails and…
Crypto market maker Wintermute has formally entered regulated US financial markets after its New York affiliate, Wintermute USA LLC, secured broker-dealer registration with the SEC and…
Shaw Walters, founder of Eliza Labs, has officially declared the native Eliza token "dead" and announced that the supporting foundation is winding down after transferring its…
XRP Ledger co-creator David Schwartz has proposed a self-custody inheritance setup that splits hardware access and PIN access between separate individuals to secure legacy Bitcoin transfers.