NYDIG raises $200M from strategic partners as total Bitcoin custody tops $1B
NYDIG and its strategic partners will work together on Bitcoin-related initiatives following a $200 million funding round. New York Digital Investment Group announced the completion of a $200-million growth capital funding round for business initiatives relating to Bitcoin (BTC). The funding round was led by NYDIG strategic partners Morgan Stanley, Stone Ridge Holdings Group, Soros Fund Management and MassMutual, among others.NYDIG, a provider of Bitcoin-related technology and investment services, will work alongside its strategic partners in applying Bitcoin-focused solutions to the....
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Crypto investment provider NYDIG raised an additional $100 million in growth capital earlier this week. The new funding round featured MassMutual, Stone Ridge Holdings, New York Life, and Liberty Mutual Insurance, among others as strategic partners. This follows the investment firm’s $200 million cash injection back in early March. In the previous funding round, Robert Gutmann, CEO of NYDIG, stated that the additional funds would be used to develop “Bitcoin-related strategic initiatives spanning from investment […]
SIMON partners with NYDIG to bring institutional quality custody to their customers and launches an education platform.
Financial services company First Foundation has announced a strategic investment in NYDIG to grant its customers access to bitcoin.
NYDIG has announced a $100 million raise of growth capital with strategic partnerships and hires for a bitcoin-powered insurance strategy.
New York Digital Investment Group (NYDIG), the bitcoin investment arm of Stone Ridge Asset Management, is creating bitcoin-powered products and services for the $6 trillion global insurance industry. The company has formed strategic partnerships with major insurers, including Starr, Liberty Mutual, New York Life, and Mass Mutual. Tapping Into $9 Trillion Insurance Industry NYDIG, a leading provider of technology and investment solutions for bitcoin, is bringing BTC to the global insurance industry. The company revealed on Thursday a plan to create “bitcoin-powered products and....