What alternatives are being considered after calling off the acquisition of BitGo?

3 answers

• Alex SamDec 13, 2021 · 4 years ago
  In the wake of the failed acquisition of BitGo, the digital currency industry is exploring various alternatives. Some companies are looking into partnering with other established exchanges to expand their market presence and offer a wider range of services. Others are considering acquiring smaller exchanges or startups to gain access to new technologies and talent. Additionally, there is a growing interest in decentralized exchanges as an alternative to centralized platforms. These alternatives aim to provide users with more control over their assets and reduce the risks associated with centralized exchanges.
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• Abdullah SaeedFeb 21, 2023 · 2 years ago
  After the BitGo acquisition fell through, the digital currency industry is actively exploring alternative strategies. One option being considered is the development of in-house solutions to enhance security, improve transaction speeds, and offer a more user-friendly experience. Another alternative is to collaborate with other industry players to create a consortium that can pool resources and expertise. Additionally, some companies are exploring partnerships with traditional financial institutions to bridge the gap between traditional finance and digital currencies. These alternatives aim to foster innovation and drive the adoption of digital currencies.
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• Stephanie CendretheJul 08, 2023 · 2 years ago
  Following the decision to call off the acquisition of BitGo, the digital currency industry is evaluating a range of alternatives. One potential alternative is for companies to focus on organic growth and invest in research and development to enhance their existing platforms. Another option is to explore strategic partnerships with other reputable exchanges to expand their user base and improve liquidity. Additionally, some companies are considering diversifying their offerings by adding new digital assets or introducing innovative financial products. These alternatives aim to strengthen the industry and provide users with more choices and opportunities.
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