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NYDIG

Developer of Bitcoin-driven financial services

NYDIG logo
201-500 employees
  • Fintech
  • B2B
  • Cryptocurrency
  • Financial Services
  • SaaS
Midtown East, New York, NY

Company mission

NYDIG's mission is to make it easy for its partners to white label Bitcoin-driven financial solutions and create their own products such as bitcoin accounts, rewards, and loyalty programs.

Top investors

90% employee growth in 12 months

Our take

Great interest has been shown in Bitcoin over the last decade for its use of decentralized blockchain technology, its lucrative nature, and security benefits, but its real-world financial applications are currently limited. This is primarily due to companies lacking the infrastructure to offer Bitcoin financial services to their customers, in addition to lacking the security guarantees that come with institutional-grade finance solutions.

NYDIG develops Bitcoin-driven financial services to allow banks, Fintechs, investment firms, insurance companies, and corporations to create white-label Bitcoin products for its customers. The company achieves this by providing a Bitcoin-driven insured custodian service, a network of global liquidity providers, crypto-specific compliance and governance, in addition to financial stability and analytic services usually associated with traditional financial payment systems.

Whilst Bitcoin is already accessible for any business to utilize, NYDIG has been smart to recognize the insecurities associated with the cryptocurrency, addressing them with an all-in-one suite of infrastructural tools. In addition to its standardized product suite, the company also provides the modular tools required for the bespoke creation of Bitcoin-driven financial products.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Benefits

  • Dedicated benefit concierge
  • Free One Medical membership
  • Highly competitive compensation package
  • Generous benefits package including Unlimited PTO
  • 401k program with company match
  • Flexible unmetered Parental Leave policy
  • $1/month premiums for you and your family
  • HSA plan option with employer funding

Funding (last 2 of 6 rounds)

Dec 2021

$1bn

LATE VC

Apr 2021

$100m

GROWTH EQUITY VC

Total funding: $1.4bn

This company has top investors

Leadership

Experience as Vice President of RBC Capital Markets from 2010 to 2012. Co-founder of Stone Ridge Asset Management since 2012.