October 26, 2020, 4:03PM EDT
• 4 min read
Why PayPal might be interested in BitGo
- PayPal made headlines in the crypto/blockchain industry last week by announcing its 350 million users will be able to buy and sell cryptocurrencies.
- Then came the news that it was exploring acquisitions of cryptocurrency companies such as BitGo.
- The acquisition of a crypto infrastructure/prime brokerage provider, such as BitGo, would signal a deviation from how its corporate development team has conducted its previous acquisitions.