The New York Digital Investment Group (NYDIG) platform, focused on large players, raised $ 1 billion, closing an industry record-breaking round of funding. This is reported in press release…
The round was led by WestCap. It was attended by Bessemer Venture Partners, FinTech Collective, as well as previously supported NYDIG companies Affirm, FIS, Fiserv, MassMutual, Morgan Stanley and New York Life.
Investors valued the company at $ 7 billion.
NYDIG officials said the firm will continue to develop an institutional-grade Bitcoin platform, implement Lightning payments and smart contracts, and work on tokenizing assets.
In March, NYDIG raised $ 200 million in a round with Morgan Stanley, MassMutual and other investors. The following month, the firm received additional funds from insurance companies Starr Insurance, Liberty Mutual Insurance and other market participants.
Recall that in July FTX raised a record $ 900 million at that time when the company was valued at $ 18 billion.In October, the crypto derivatives exchange closed the Series B-1 funding round in the amount of $ 420.69 million, after which its valuation reached $ 25 billion.
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The New York Digital Investment Group (NYDIG) platform, focused on large players, raised $ 1 billion, closing an industry record-breaking round of funding. This is reported in press release…
The round was led by WestCap. It was attended by Bessemer Venture Partners, FinTech Collective, as well as previously supported NYDIG companies Affirm, FIS, Fiserv, MassMutual, Morgan Stanley and New York Life.
Investors valued the company at $ 7 billion.
NYDIG officials said the firm will continue to develop an institutional-grade Bitcoin platform, implement Lightning payments and smart contracts, and work on tokenizing assets.
In March, NYDIG raised $ 200 million in a round with Morgan Stanley, MassMutual and other investors. The following month, the firm received additional funds from insurance companies Starr Insurance, Liberty Mutual Insurance and other market participants.
Recall that in July FTX raised a record $ 900 million at that time when the company was valued at $ 18 billion.In October, the crypto derivatives exchange closed the Series B-1 funding round in the amount of $ 420.69 million, after which its valuation reached $ 25 billion.
Subscribe to Cryplogger news on Telegram: Cryplogger Feed – the entire news feed, Cryplogger – the most important news, infographics and opinions.
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