Nydig attracted $ 720 million to buy bitcoin and changed CEO

The NEW York Digital Investment Group (Nydig) -oriented players attracted $ 720 million to its Institute Bitcoin Fund fund, according to the US Securities and Exchange Commission and Exchange Commission.

The document does not say the timing of the acquisition of the first cryptocurrency. The fund was supported by 59 investors with the average amount of investments of more than Uniswap in talks $ 12 million.

Nydig also appointed Neit Conrad by the new president. The post of general director of the company was occupied by Tedzas Shah.

The President of Jan Zhao and former CEO Robert Gutmann will continue to work in the Stone Ridge Holdings Group – the Nydig maternal company. The latter will also maintain a position in the Council of Directors.

According to the press release, the balance of bitcoin platforms reached a record maximum in the third quarter, increasing by 100% compared to the previous year.

Recall that in December 2021, Nydig attracted a record for the $ 1 billion industry when assessing $ 7 billion.

In March, the platform was supported in the round of funding in the amount of $ 200 million. In April, Nydig attracted another $ 100 million from insurance companies.

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