Forbes feature article this week - out of stealth, NYDIG, a New York based digital asset manager reveals it is custodying $115m of Bitcoin on behalf of Stone Ridge for their corporate treasury and has a total AUM exceeding $1b.
| less than a minute read
Stone Ridge reveals $115m Bitcoin investment as part of billion-dollar spinoff
While unemployment increased, markets stayed surprisingly stable, resulting in a sense of impending collapse, says Gutmann, speaking in his first interview since taking over as cofounder and CEO of NYDIG. “We've seen a pretty dramatic acceleration in the count of institutional investors who want to participate in the market since March of this year,” he says. “The macro backdrop against the public health backdrop has caused a lot of people to rethink their portfolio composition.”
