Affirm, FIS, Fiserv, MassMutual and New York Life all contributed to a round valuing the Bitcoin technology provider at over $7bn.
US-headquartered Bitcoin technology producer Nydig raised $1bn yesterday from investors including financial technology providers Affirm, FIS and Fiserv and insurance firms Massachusetts Mutual Life and New York Life.
Growth equity firm WestCap led the round at a valuation above $7bn. It also featured investment banking firm Morgan Stanley and venture capital firms Bessemer Venture Partners (BVP) and FinTech Collective.
Founded in 2017, Nydig has built a technology platform that enables businesses to build products centred on the Bitcoin cryptocurrency for…
