Key Takeaways Bitgo’s Q2 revenue jumped 80% to $4.3B, but it still posted a $19M net loss. Bitgo’s $65.2B in assets and 148% growth in stablecoin assets show rising institutional crypto demand. Bitgo targets $15M in annual savings and a $50M buyback as it pushes AI and quantum security. Bitgo Posts $19M Loss Despite $4.3B in Q2 Revenue Bitgo reported a sharp increase in second-quarter revenue as institutional demand for digital-asset infrastructure continued to grow, though weaker trading margins and crypto mark-to-market losses kept the company in the red. Revenue rose 79.6% from a year earlier to $4.33 billion and …
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StablecoinX shares have climbed more than 12% after the Nasdaq-listed company disclosed a 3-billion-token ENA treasury and reported its first quarterly results since going public. …
In XRP news today, Evernorth is changing the number of shares issuable to investors in connection with its proposed business combination with Armada Acquisition Corp. …
