TechFlow news, according to sources, cryptocurrency custody firm BitGo is in preliminary discussions to raise new funding at a $1.2 billion valuation. BitGo claims it has no exposure to FTX, Alameda, or firms like Three Arrows Capital and Celsius.
Previously reported, Galaxy Digital announced in April this year that it would terminate its acquisition of BitGo. Subsequently, in August, BitGo stated it planned to sue Galaxy Digital over their $1.2 billion merger agreement and seek $100 million in damages from Galaxy.Original link




