NYDIG, a Bitcoin subsidiary of Stone Ridge, is a leading technology and financial services firm dedicated to Bitcoin for institutions, private clients, and banks.

NYDIG provides a complete range of institutional digital asset solutions including insured custody, execution, asset management, financing, and research.

NYDIG was founded in 2017 by Ross Stevens and Robert Gutmann. The company is headquartered in New York, New York.

 

NYDIG combines decades of experience in capital markets, asset management, and financial services with deep expertise in digital assets. The firm and its products are built to meet the highest regulatory, audit, and governance standards.

 

NYDIG also partners with banks and philanthropies to deliver its core custody, execution, financing, and AML/KYC capabilities to their customers and donors. NYDIG's current custody, asset management, and financing balances exceed $1 billion in aggregate.

 

NYDIG launched its Bitcoin Fund in 2018—originally dubbed the "Institutional Digital Asset Fund". NYDIG is one of the industry’s biggest crypto custodians holding over $1 billion in digital assets on behalf of its customers.

 

NYDIG is backed by WestCap, Stone Ridge Holdings Group, Bessemer Venture Partners, Morgan Stanley, New York Life, MassMutual, Soros Fund Management, FinTech Collective, and others. The company raised $720M for its Institutional Bitcoin Fund on Oct 04, 2022. This brings the total amount raised by NYDIG to $1.7B to date. NYDIG was valued at over $7B from its previous $1B financing raised in Dec 2021.

 

 

  • Year founded: 2017
  • Funding Info: $1.7B over 6 Rounds (Latest Funding Type: Bitcoin Fund)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Valued at over $7B as of Dec 14, 2021
  • City/Town: New York
  • State: New York
  • Country: United States
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