NYDIG Surges $150 M for Two New Funds

by in DeFi News

NYDIG raises $150 M

NYDIG (the New York Digital Investments Group) has scored $150 M for two of its digital asset funds. Just two anonymous capitalists invested $50 M in Digital Assets Fund 1. $100 M surged for NYDIG Digital Assets Fund 2.Just two anonymous capitalists invested $50 M in Digital Assets Fund 1. $100 M was surged for NYDIG Digital Assets Fund 2.

Related: Cryptocurrency outflow on OKEx exceeded $ 110 million

The new results came in only months after NYDIG announced it received $190 million for extra BTC stock controlled by it, all the investments came from affluent investors and institutions. Additionally, it received $140 million for the Bitcoin Yield Enhancement Fund. However, it was not clear if the two funds are separate or connected. NYDIG is an investment company providing asset management, custody, and various services for digital assets. Established in 2017, it is a branch of Stone Ridge Holdings, an asset manager with more than $10 billion worth of assets. NYDIG itself manages $1 B worth of assets across its series of products. Previously, NYDIG collected another $50 M in boosting equity funding to expand its business.

The organization has a license to engage in Virtual Currency Business Activity by the New York regulators.