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Is BitGo’s $4.3B quarter a sign of an institutional crypto boom?

Published Source: CryptoPolitanRead original

AI Summary BitGo reported an increase in revenue of 80% to $4.33 billion in the second quarter, indicating where institutional money is flowing in the global crypto market. The results of the newly listed custodian provide the market with insights into the level of demand. However, the $19 million net loss demonstrates the vulnerability of infrastructure companies... fulltext: 358 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/bitgo-4-3b-quarter-sign-institutional-boom/ Source: CryptoPolitan

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