Mr. Mathas' experience will be particularly helpful as NYDIG focuses on the expansion of its growing Investor Solutions business, enabling institutional investors simple, secure, and efficient access to bitcoin, as well as on the expansion of its growing Platform Solutions business, especially with respect to the development of a bitcoin-enabled marketplace for annuity and life insurance products.
Ross Stevens, Founder and Executive Chairman of NYDIG, said, "Ted has been a colleague and partner for years. His incredible, and ongoing, track record of innovation and stewardship at New York Life cements his earned reputation as a peerless insurance-industry CEO, forecasting his tremendous future contributions to NYDIG. I know that Ted shares our aspirational vision for the kind of positive impact on society that NYDIG can have in the decades to come. I join the entire team at NYDIG in enthusiastically welcoming Ted to the NYDIG board."