NYDIG said Tuesday it raised a stunning $1 billion in a funding round that will value the firm at over $7 billion – and potentially expand bitcoin’s reach into “any industry,” CEO Robert Gutmann said in a statement.The round was led by WestCap and joined by Bessemer Venture Partners, FinTech Collective and existing investors Affirm, FIS, Fiserv, MassMutual, Morgan Stanley and … [Read more...] about Institutional Bitcoin Broker NYDIG Valued at $7B in Whopping $1B Funding Round
NYDIG
NYDIG raises $1B in funding, valuation now $7B
On Tuesday, New York Digital Investment Group, or NYDIG, a financial institution specializing in Bitcoin financial services such as savings accounts, trading brokerage, 401(k)s, etc., announced it had secured a $1 billion equity investment led by WestCap. The funding places its valuation at nearly $7 billion.The firm has proved to be popular among institutional investors. Last … [Read more...] about NYDIG raises $1B in funding, valuation now $7B
NYDIG Raises $50M for Seventh Digital Asset Fund
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NYDIG acquires Bitcoin micropayments firm Bottlepay
Bitcoin (BTC) investment firm New York Digital Investment Group, or NYDIG, has announced the acquisition of United Kingdom-based micropayment service Bottlepay for an estimated fee between $280 million and $300 million.NYDIG previously participated in the company’s $15.4-million seed funding round in February, a raise that was led by British billionaire investor Alan Howard and … [Read more...] about NYDIG acquires Bitcoin micropayments firm Bottlepay
NYDIG Purchases UK Payments Startup Bottlepay for $300M in Stock
NYDIG is purchasing British payments startup Bottlepay for between $280 million and $300 million in stock.The bitcoin investment firm closed the deal earlier this week. The Block first reported the news.U.K.-based Bottlepay is a global payments firm powered by the Lightning Network. Users can make micropayments of “as little as a penny” and send funds via messages on Twitter … [Read more...] about NYDIG Purchases UK Payments Startup Bottlepay for $300M in Stock