Tech Company Financing Transactions
NYDIG Funding Round
NYDIG, based in New York, secured $1 billion in investment from Westcap, Affirm and Bessemer Venture Partners.
Transaction Overview
Company Name
Announced On
12/16/2021
Transaction Type
Venture Equity
Amount
$1,000,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The capital will be used to further develop NYDIG's institutional-grade Bitcoin platform using recent upgrades to the Bitcoin protocol with capabilities such as Bitcoin and Lightning payments, asset tokenization, and smart contracts.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
510 Madison Ave. 21st Floor
New York, NY 10022
USA
New York, NY 10022
USA
Phone
Website
Email Address
Overview
NYDIG is the Bitcoin subsidiary of Stone Ridge, a $10 billion alternative asset manager. We are aligned behind the mission of safely unlocking the power of Bitcoin through technologies and financial services that enable forward-thinking companies and investors to access this asset class.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Ross Stevens
Chief Executive Officer
Robert Gutmann
Chief Marketing Officer
Kelly Brewster
Chief Technical Officer
Brian Langel
President
Yan Zhao
VP - Administration
Rodney Miller
VP - Bus. Development
Eric Kramer
VP - Bus. Development
Ronnie Wexler
VP - Client Services
Joshua Burandt
VP - General Counsel
Reuben Grinberg
VP - General Counsel
James Rothwell
VP - R & D
Gregory Cipolaro
VP - Regulatory Affairs
Benjamin Lawsky
VP - Sales
George Kirchner
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