JPMorgan also registered its passive bitcoin fund with U.S. regulators Thursday.
The mega-bank has started pitching Private Bank clients on a passive bitcoin fund in partnership with NYDIG.
The partnership will also allow Allied Payment Network to make a bitcoin allocation for its corporate treasury.
Up to 18.3 million Q2 customers will soon be able to buy, sell and hold bitcoin directly from their bank accounts.
NYDIG also committed to lend Unchained another $100 million, for a total commitment of $150 million.
John Dalby is leaving the hedge fund founded by Ray Dalio to become CFO of NYDIG.
New SEC filings reveal NYDIG has been picked for SkyBridge's pending bitcoin ETF application.
Ethereum Classic pops 53%, while bitcoin recovers and ether pushes back toward its all-time high.
Asked if NYDIG would be U.S. Bank’s crypto custodian, Senior Vice President Christine Waldron said she was not at liberty to comment.
The Stone Ridge spin-off is adding Arctos Capital to the mix.
NYDIG's analyst also noted significant BTC spot price discounts on Binance compared to Coinbase.
The institutional bitcoin shop is quickly expanding its crypto footprint with a foray into bitcoin insurance products.
NYDIG, the firm that facilitated MassMutual’s $100 million bitcoin buy last year, has raised $200 million from a cadre of big-name investors. The round included Stone Ridge Holdings Group, Morgan Stanley, New York Life, MassMutual, Soros Fund Management and FS Investments, NYDIG announced Monday. Past investors Bessemer Venture Partners and FinTech Collective also participated. “The […]
The filing comes on the same day as bitcoin hit $50,000 for the first time ever.
CEO Stevens said NYDIG's institutional order books are looking bullish for the year.