Cryptocurrency Analysis and News Portal
NYDIG is purchasing British payments startup Bottlepay for between $280 million and $300 million in stock, the company confirmed Friday.The bitcoin investment firm closed the deal earlier this week. The Block first reported the news.U.K.-based Bottlepay is a global payments firm powered by the Lightning Network. Users can make micropayments
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“Our fund and institutional custody clients have accelerated their plans to offer cryptocurrency and, in response, we made it a priority to accelerate our ability to offer custody services,” Gunjan Kedia, vice chair of U.S. Bank Wealth Management and Investment Services, said in a press release. Original Source
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NYDIG, a Bitcoin-based fintech firm, has announced it will partner with MVB bank to integrate its Bitcoin services into MVB’s banking as a service solution. The joint effort will allow the development of a white label solution, allowing third parties to complete their financial services with bitcoin functionalities without having
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Robby Gutmann, CEO of NYDIG, said that banks have shown great interest to incorporate Bitcoin as an asset.In one of the latest and largest institutional moves towards the cryptocurrency market, NYDIG has announced a strategic partnership with Fidelity National Information Services (FIS) Inc (NYSE: FIS) to bring Bitcoin (BTC) to
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Bitcoin (BTC) institutional investment firm NYDIG has staged an abrupt price cut for investors using it to gain exposure to BTC price action.In a press release on March 24, the company confirmed that effective immediately, its access fee had been reduced to 0.3%.Bitcoin buyers pick their premiumThe move comes just
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We are on the brink of Bitcoin’s mass adoption, says the CEO of Bitcoin investment firm NYDIG Robby Gutmann. Gutmann, also the co-founder of $10B asset manager Stone Ridge, told the “On the Brink podcast” on Mar. 15 that we can expect to see announcements from some of the firm’s strategic
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New York Digital Investment Group, or NYDIG, has submitted paperwork with the United States Securities and Exchange Commission to launch a new Bitcoin exchange-traded fund. NYDIG filed a Form S-1 registration statement for a Bitcoin ETF with the SEC on Tuesday. The submission lists NYDIG Trust Company LLC as the fund’s Bitcoin
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Cryptocurrency investments company NYDIG said Monday it acquired Digital Assets Data, a move that will pad the asset manager’s crypto research and analytics offerings for its institutional base.Digital Asset Data’s co-founders, brothers Mike and Ryan Alfred will join NYDIG, the companies said. Ryan will become head of product and Mike
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Patrick Sells is going from banking cryptocurrency businesses shunned by most financial institutions to pitching crypto-related services to banks that may suddenly be warming to the sector.Sells, the former chief innovation officer of New York-based Quontic Bank, is joining New York Digital Investments Group (NYDIG) as its head of bank
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New York Digital Investment Group has raised $150 million through two separate cryptocurrency investment funds, according to documents filed with the United States Securities and Exchange Commission on Nov. 24 and Dec. 1.The NYDIG Digital Assets Fund I raised $50 million, with the NYDIG Digital Assets Fund II raising a
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