Institutional Bitcoin Broker NYDIG Valued at $7B in Whopping $1B Funding Round

Posted on by American Coins & Gold

Institutional Bitcoin Broker NYDIG Valued at B in Whopping B Funding Round
NYDIG said in a press release Tuesday that it is bringing on $1 billion in growth capital to lead bitcoin further into Wall Street.The round was led by WestCap and joined by Bessemer Venture Partners, FinTech Collective and existing investors Affirm, FIS, Fiserv, MassMutual, Morgan Stanley and New York Life, the press release said.Investors valued NYDIG at over $7 billion, the company said.Said Robert Gutmann, co-founder and CEO of NYDIG: “Our roster of partnerships and strategic investors lays the foundation for NYDIG to become the leading provider of Bitcoin solutions for businesses in any industry, and this new equity capital…