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NYDIG raises $200 million from major financial institutions

NYDIG announced a $200 million growth-capital round backed by firms including Stone Ridge, Morgan Stanley, New York Life, MassMutual, Soros Fund Management and FS Investments. The round tied a Bitcoin-focused custody and institutional-services company to established financial institutions already exploring digital-asset exposure.

NYDIG announced a $200 million growth-capital round backed by firms including Stone Ridge, Morgan Stanley, New York Life, MassMutual, Soros Fund Management and FS Investments. The round tied a Bitcoin-focused custody and institutional-services company to established financial institutions already exploring digital-asset exposure.

Notable institutional infrastructure financing by firms including Morgan Stanley, New York Life and MassMutual.

Sources

  1. Company press release