Category: NYDIG

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Indiana’s Star Bank Launches Bitcoin Trading Services

Star Financial Bank (Star Bank) says it has become the first bank in the U.S. state of Indiana to offer bitcoin services to customers. The services will be offered through the New York Digital Investment Group and Alkami platform. Customers will have the ability to buy and sell bitcoin via the Star Mobile Banking App.…
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NYDIG acquires Bitcoin micropayments firm Bottlepay

Former Goldman Sachs partner NYDIG partook in Bottlepay’s seed funding round in March 2021. Bitcoin (BTC) investment firm New York Digital Investment Group, or NYDIG, has announced the acquisition of United Kingdom-based micropayment service Bottlepay for an estimated fee between $280 million and $300 million. NYDIG previously participated in the company’s $15.4-million seed funding round…
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US Public Pension Fund for Firefighters Adds Bitcoin and Ether Worth $25 Million to Portfolio

The $5.5 billion pension fund for the U.S. city of Houston’s firefighters has announced an investment in bitcoin and ether. “This investment marks the first announced investment in digital assets by a public pension plan in the U.S.” ‘A Watershed Moment for Bitcoin and Its Place in Public Pensions’ The Houston Firefighters’ Relief and Retirement…
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Do 46 million Americans really own crypto?

Newsweek published an article claiming 46 million Americans own Bitcoin, but where did the figures come from? Crypto social media was abuzz after Newsweek published the article headlined “46 Million Americans Now Own Bitcoin, As Crypto Goes Mainstream” on May 11. The impressive figure was re-posted by notable Bitcoiners including MicroStrategy CEO Michael Saylor who…
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US banks to allow Bitcoin trading in 2021, says NYDIG execs

U.S. lenders are keen to get in on the crypto trading action and could soon allow customers to buy Bitcoin right from their accounts. The era of American banks regarding cryptocurrencies as evil might be coming to an end. According to a report by CNBC on Wednesday, New Digital Investment Group has inked a partnership…
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NYDIG raises $100 million and launches ‘Bitcoin-powered’ insurance initiative

The investment services firm said its new global head of insurance solutions would be spearheading the effort. New York Digital Investment Group announced the completion of a growth capital funding round as well as the launch of a business initiative relating to Bitcoin. In an announcement today, the New York Digital Investment Group, or NYDG,…
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NYDIG head says major firms will announce Bitcoin ‘milestones’ next week

“I know starting more or less next week, you’re going to see an absolute drumbeat of pretty game-changing milestones from some of these firms.” — Stone Ridge co-founder 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…
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