Stock Groups

NYDIG raises $1B in funding, valuation now $7B -Breaking

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New York Digital Investment Group or NYDIG was established Tuesday. It is a financial group that offers financial services like trading brokerages, savings accounts and 401(k). AnnoucedIt had received a $1B equity investment from WestCap. Its valuation now stands at $7 billion.

Institutional investors have found the firm to be a popular choice. Stone Ridge took over the management of this firm last year. Asset manager for $10 billionA friend purchased 10,000 BitcoinsBTCNYDIG offers its services. NYDIG will also bring BTC adoption over There are 650 credit unions and banks in the United StatesYou can also launch BTC trading. 18 Million U.S. bank customersNYDIG also launched new rounds of funding over the last two years. In April, $100 Million was raisedAnd In March, $200 millions, respectively.