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TEXXR

Chronicles

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Crypto-focused financial services company Galaxy Digital acquires BitGo, which makes multi-signature cryptocurrency wallets, for $1.2B in cash and stock

Wall Street Journal Paul Vigna

Discussion

  • @westcoastbill @westcoastbill on x
    1/ eating glass and staring into the abyss — how crypto's largest $1.2B M&A came from a failed startup https://www.wsj.com/...
  • @bitgo @bitgo on x
    We are excited to announce that @GalaxyDigitalHQ has agreed to acquire @BitGo. This landmark transaction changes the digital asset landscape. https://www.wsj.com/...
  • @davidsacks David Sacks on x
    Congrats @mikebelshe @BitGo on your $1.2B acquisition. Biggest M&A deal yet in crypto! Bitgo was an early Craft investment expressing our belief that crypto would go institutional. Thanks to my partner & Bitgo cofounder @westcoastbill for 🦄💦🐦. https://www.wsj.com/...
  • @davidsacks David Sacks on x
    Tenacity is the X-factor behind crypto's biggest M&A 🦄. It would have been so easy for @mikebelshe and @westcoastbill to pack it in after their original idea didn't work. Instead they pivoted to Bitgo, started over, and gutted it out FTW. https://twitter.com/...
  • @jhong James Hong on x
    Few thoughts: 1. Twist was an awesome product whose functionality I still miss and has not been replicated 2. Bill is perhaps the most unknown insanely great entrepreneur / investor in tech 3. He's also does it while spending most of his time chilling, shooting hoops or surfing h…