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...
NYDIG has announced a $100 million raise of growth capital with strategic partnerships and hires for a bitcoin-powered insurance strategy.In an April 8, 2021 release,...
PLUS: Could EIP 1559 Cause a Fork? NFTs continued to catch the crypto industry’s imagination this week, as headlined by Beeple’s “Everydays” sale at Christie’s Auction House in New York. The cliche goes that a picture is worth a thousand words, although, with the latest sale of the “Everydays” NFT, we may have to readjust our math now that we know 5,000 images...
NYDIG has announced a growth capital round led by Stone Ridge Holdings Group and Morgan Stanley. Institutions Funding Bitcoin NYDIG is a subsidiary of Stone Ridge, an alternative asset manager with $10 billion in AUM....
New York Digital Investment Group (NYDIG), a Bitcoin technology, and investment solution provider have...
With multiple regulatory filings for approval of a U.S. bitcoin ETF in place, it appears that such a product is imminent.Following multiple regulatory filings, we will likely see the first bitcoin exchange-traded fund (ETF) come to market in the United States soon. In late January, Valkyrie Digital Assets...
Unchained Capital closed a $5.5 million equity seed round led by NYDIG, and the groups now seek to build out bitcoin-native infrastructure.Today, Unchained Capital announced that it has closed a $5.5 million equity seed round led by New York Digital Investments Group (NYDIG).Also participating in the equity round were existing investors Ecliptic Capital, Starting Line, Platform Ventures, Stronghold Resource...
Today, Unchained Capital announced that it has closed a $5.5 million equity seed round led by New York Digital Investments Group (NYDIG). Also participating in the equity round were existing investors Ecliptic Capital, Starting Line, Platform Ventures, Stronghold Resource Partners, Trammell Venture Partners’ Bitcoin Venture Fund and Capital Factory. NYDIG is a leading institutional bitcoin technology and financial services firm that...
Just as Bitcoin (BTC) price continues to make new highs every passing day, investment firms across the world are working on introducing Bitcoin exchange- traded-funds (ETFs) to the market. Pulling the regulatory strings, Swedish financial...
After hitting $50,000 on Monday, February 15, Bitcoin (BTC) is...
Bitcoin-focused financial services firm New York Digital Investment Group (NYDIG) filed for approval to offer a bitcoin exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC) today. An ETF is seen as one of the easiest ways of bringing bitcoin exposure to the masses, as it would be accessible through the stock market and legacy brokerage accounts. Currently, with no approved...
NYDIG, a subsidiary of Stone Ridge Asset Management, has filed for regulatory approval from the SEC to offer a bitcoin exchange-traded fund.VanEck and SolidX have withdrawn an SEC...
Bitcoin custodian and asset management firm New York Digital Investment Group (NYDIG) has filed an application for an Exchange Traded Fund (ETF) to issue shares of "NYDIG BITCOIN ETF." NYDIG Aims for Bitcoin ETF U.S.-based crypto financial service provider NYDIG has submitted a...
The filing comes on the same day as bitcoin hit $50,000 for the first time ever.
On Saturday, February 6, Bitcoin (BTC) price once again surged above $40,000 levels in a strong move northwards dominated by...
cJPMorgan strategists have backed the recent $100-million Bitcoin investment by insurance giant Massachusetts Mutual Life. Last week, the 169-year-old investment giant...
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