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NYDIG Raises $200 Million from Strategic Partners


NYDIG Raises $200 Million from Strategic Partners
Additional capital comes amid dramatic acceleration of Bitcoin adoption via NYDIG from traditional financial services firms
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NEW YORK, March 8, 2021 /PRNewswire/  NYDIG, a leading provider of technology and investment solutions for Bitcoin, today announced a $200 million growth capital round led by strategic partners 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 two prior funding rounds for NYDIG, were also significant participants.
Robert Gutmann, co-founder and CEO of NYDIG, said, The firms participating in this round are more than investors – they are partners, each well known to us for years. NYDIG will be working with these firms on Bitcoin-related strategic initiatives spanning investment management, insurance, banki ....

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Unchained Capital Closes $5.5M Round Led by NYDIG, Including $50M Lending Capital Commitment


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AUSTIN, Texas, March 2, 2021 /PRNewswire/  Unchained Capital, Inc. announced today the closing of a $5.5 million equity seed round led by institutional Bitcoin technology and financial services firm NYDIG. In addition to leading the equity round, NYDIG has made an initial lending commitment of $50 million, and will continue to be the principal funding partner to Unchained in support of its leading bitcoin-backed multisignature lending platform.
Also participating in the equity round are existing investors Ecliptic Capital, Starting Line, Platform Ventures, Stronghold Resource Partners, Trammell Venture Partners Bitcoin Venture Fund, and Capital Factory.
The teams at NYDIG and Unchained Capital share a mission built on the foundation of a bitcoin standard. We believe there are significant opportunities to create synergies across our respective custodial and non-custodial platforms, said Joseph Kelly, CEO and co-founder of U ....

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