NEW YORK, March eight, 2021 /PRNewswire/ — NYDIG, a leading provider of generation and funding answers for Bitcoin, these days announced a $200 million boom capital spherical led by means of strategic companions Stone Ridge Holdings Group, Morgan Stanley, New York Life, MassMutual, Soros Fund Management, and FS Investments. Bessemer Venture Partners and FinTech Collective, who led the 2 prior funding rounds for NYDIG, were additionally sizable members.
As an instance of increasing institutional Bitcoin adoption, NYDIG also announced nowadays that existence, annuity, and belongings & casualty insurers now own, in combination, greater than $1 billion of direct and indirect bitcoin exposure facilitated exclusively by means of NYDIG, and held on NYDIG’s secure, audited, and insured institutional custody platform.
