June 27 (Cointime) - BitGo CEO Mike Belshe has revealed that the company has other pending acquisitions in the pipeline after abandoning the Prime Trust deal. He predicts consolidation in the crypto space over the next six months.

BitGo was nearly acquired by Galaxy Digital for $1.2 billion in August 2021 but is now more focused on growing its business rather than being acquired.

Belshe also commented on Coinbase, stating that it may eventually have to choose between being a custodian or an exchange. BitGo is currently in talks with several big deals, including BlackRock.