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Bitgo Abandons Acquisition of Prime Trust Amidst Nevada-Based Custodian’s Ongoing Uncertainty
22.6.2023
On June 22, 2023, Bitgo, a digital assets firm and crypto custodian, declared the termination of its planned acquisition of custodian Prime Trust. The company cited a “considerable effort” in attempting to chart a course for Prime Trust’s future. Bitgo Cancels Prime Trust Acquisition...
Digital Asset Trust Firm Bitgo Sets Sights on Prime Trust Acquisition
9.6.2023
In a recent development, Bitgo, the digital asset trust firm, disclosed that it has penned a letter of intent to acquire Prime Trust, a crypto custodian based in Nevada. Should the acquisition proceed, Prime Trust would become an integral part of Bitgo’s network of regulated trust companies....
HSBC Bangladesh uses blockchain to import 20,000 tons of fuel oil from Singapore
3.11.2020
HSBC Bangladesh has completed the country’s first blockchain-powered cross-border trade settled using a letter of credit
Major Asian bank issues credit on SCB-backed blockchain
16.9.2020
Blockchain is helping companies from Vietnam and Thailand settle trades more smoothly