The acquisition will allow NYDIG to integrate Bottlepay's Lightning Network infrastructure into its existing full-stack Bitcoin platform. NYDIG's Bitcoin platform is built to the highest security, regulatory, and operational standards.
"We believe that the next chapter of Bitcoin will be about Bitcoin – big B – the network," said Ross Stevens, founder and Executive Chairman of NYDIG, and Robert Gutmann, co-founder and CEO of NYDIG, in a joint statement. "The Bottlepay team has built world-class infrastructure for Lightning and bitcoin payments, and they have done so with the same level of regulatory and compliance rigor that our customers expect from NYDIG today. NYDIG is on a mission to bring bitcoin to all, and this acquisition brings us one step closer to fulfilling that goal. We are excited to welcome Bottlepay to the NYDIG team."