While tensions continue in Bitcoin and altcoins before the FED decision, there is good news about the future of the industry.
US Bitcoin company NYDIG today announced a $1 billion round of growth equity funds that will value the company more than $7 billion.
Large companies such as Bessemer Venture Partners, FIS, FISERV, MassMutual, Morgan Stanley participated in the financing round carried out by WestCAP.
The resulting capital will be used to further develop NYDIG’s enterprise-grade Bitcoin platform using recent upgrades to the Bitcoin protocol with capabilities such as Bitcoin payments, asset tokenization, and smart contracts.
Making a statement on the subject, NYDIG’s co-founder and CEO Robert Gutmann used the following statements:
“The prospects for both NYDIG and Bitcoin have never been more exciting. Our partnerships and our list of strategic investors lay the foundations for NYDIG to become the leading provider of Bitcoin solutions for businesses in any industry, and this new equity will further accelerate progress towards making this exciting network accessible and useful for everyone.”
*Not Investment Advice.