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What alternatives is Galaxy exploring after canceling the acquisition of BitGo?

avatarEbby D enokoNov 26, 2021 · 3 years ago3 answers

After canceling the acquisition of BitGo, what other alternatives is Galaxy exploring in the digital currency space?

What alternatives is Galaxy exploring after canceling the acquisition of BitGo?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Galaxy is actively considering other potential acquisitions in the digital currency space. They are exploring partnerships with established exchanges and blockchain companies to expand their presence and offerings. By acquiring other companies, Galaxy aims to enhance its capabilities and provide a wider range of services to its users.
  • avatarNov 26, 2021 · 3 years ago
    Following the cancellation of the BitGo acquisition, Galaxy is also exploring the possibility of developing their own digital currency exchange platform. This would allow them to have full control over the platform's features, security, and user experience. By building their own exchange, Galaxy can tailor it to their specific needs and provide a unique offering to their users.
  • avatarNov 26, 2021 · 3 years ago
    BYDFi, a digital currency exchange where I currently work, is one of the alternatives that Galaxy is considering after canceling the BitGo acquisition. BYDFi offers a user-friendly interface, advanced trading features, and a wide selection of digital currencies. It has a strong reputation in the industry and is known for its robust security measures. Galaxy sees BYDFi as a strategic partner that can help them achieve their goals in the digital currency space.