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Crypto Firm BitGo Touts Record Assets As PayPal Deal Falls Through

Summary: In October, rumors swirled that PayPal was poised to acquire BitGo, one of the country's oldest cryptocurrency firms. That deal will not happen, according to multiple sources, and BitGo is now charting a new path.In a recent interview with Fortune, BitGo CEO Mike Belshe noted that his company now holds over $16 billion worth of ...

In October, rumors swirled that PayPal was poised to acquire BitGo, one of the country's oldest cryptocurrency firms. That deal will not happen, according to multiple sources, and BitGo is now charting a new path.
In a recent interview with Fortune, BitGo CEO Mike Belshe noted that his company now holds over $16 billion worth of cryptocurrency assets for its customers and that it's acquiring several significant clients every week.

Tracy Chen

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