NYDIG (New York Digital Investment Group) has announced the completion of a new $100 million investment round to fund a new Bitcoin-related venture.
The new venture is expected to provide services around Bitcoin investments for insurance and investment companies across the US. The main interests of the company are insurance, the general range of investments and green energy.
For this particular reason, in the last 6 months, it has raised over $450 million from even bigger investors such as Starr Insurance, Liberty Mutual Insurance and MassMutual.
It is also worth mentioning that NYDIG has already applied to the U.S Securities and Exchange Commission for the approval of a Bitcoin ETF launch, while managing over $3 billion in investment funds.