NYDIG said Tuesday it raised a stunning $1 billion in a funding round that will value the firm at over $7 billion – and potentially expand bitcoin’s reach into “any industry,” CEO Robert Gutmann said in a statement.
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, a press release said.
NYDIG, which offers bitcoin trading and custody, raised $200 million back in March of this year, led by Morgan Stanley, New York Life and MassMutual. A month later it raised another $100 million.
Read more/Source: Yahoo
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