34 min
NYDIG Brings Bitcoin Adoption to 24 Million Accounts | Bitcoin Review #7 SkyBridge Bitcoin Review
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- Technology
In this week's episode of SALT's Bitcoin Review, SkyBridge managing partner Anthony Scaramucci and president Brett Messing discuss how NYDIG continues to lead the way in enabling Bitcoin adoption through a series of strategic partnerships. NYDIG previously struck a deal with digital banking services provider Q2 to bring Bitcoin buying capabilities to more than 18 million consumers. Prior to that, NYDIG partnered with global payments company Fiserv, digital banking service provider Alkami and fintech company FIS to enable native Bitcoin buying in integrated accounts.
NYDIG was back at it last week, announcing a deal to with enterprise payments behemoth NCR to enable Bitcoin services for 650 banks and credit unions in the U.S. The partnership will open Bitcoin buying capabilities to another 24 million customers. NCR is also reportedly contemplating integration of Bitcoin payment services for its nearly 200,000 retail clients. This week, NYDIG announced another partnership, with digital payments service provider Allied Payment Network, to allow its customers to buy, sell and hold Bitcoin. As part of the partnership, Allied is making an allocation to Bitcoin in its corporate treasury. Now with its own custody solution, NYDIG provides end-to-end Bitcoin services.
Large asset management firms also continue to dive into crypto. Soros Fund Management, with assets-under-management of around $27 billion, is now actively trading digital assets after studying the space for several years. The firm had previously participated in a $200 million funding round for NYDIG. Steve Cohen's Point72 Asset Management, with AUM exceeding $22 billion, is now also actively looking to hire a "head of crypto" after previously saying in a May client letter that "it's too early to say what paths we will ultimately pursue and when" but that "we would be remiss to ignore a now $2 trillion cryptocurrency market."
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Registration for SALT New York is now open! Join us September 13-15, 2021 and sign up at https://register.salt.org/event/411f76d9-c215-4719-9bc4-8dfac6cfacdd/summary
Watch this video on YouTube: https://youtu.be/hqBetBKRUfM
Moderated by Anthony Scaramucci, John Darsie and Brett Messing. Developed, created and produced by SALT Venture Group, LLC.
In this week's episode of SALT's Bitcoin Review, SkyBridge managing partner Anthony Scaramucci and president Brett Messing discuss how NYDIG continues to lead the way in enabling Bitcoin adoption through a series of strategic partnerships. NYDIG previously struck a deal with digital banking services provider Q2 to bring Bitcoin buying capabilities to more than 18 million consumers. Prior to that, NYDIG partnered with global payments company Fiserv, digital banking service provider Alkami and fintech company FIS to enable native Bitcoin buying in integrated accounts.
NYDIG was back at it last week, announcing a deal to with enterprise payments behemoth NCR to enable Bitcoin services for 650 banks and credit unions in the U.S. The partnership will open Bitcoin buying capabilities to another 24 million customers. NCR is also reportedly contemplating integration of Bitcoin payment services for its nearly 200,000 retail clients. This week, NYDIG announced another partnership, with digital payments service provider Allied Payment Network, to allow its customers to buy, sell and hold Bitcoin. As part of the partnership, Allied is making an allocation to Bitcoin in its corporate treasury. Now with its own custody solution, NYDIG provides end-to-end Bitcoin services.
Large asset management firms also continue to dive into crypto. Soros Fund Management, with assets-under-management of around $27 billion, is now actively trading digital assets after studying the space for several years. The firm had previously participated in a $200 million funding round for NYDIG. Steve Cohen's Point72 Asset Management, with AUM exceeding $22 billion, is now also actively looking to hire a "head of crypto" after previously saying in a May client letter that "it's too early to say what paths we will ultimately pursue and when" but that "we would be remiss to ignore a now $2 trillion cryptocurrency market."
——————————————————————
Registration for SALT New York is now open! Join us September 13-15, 2021 and sign up at https://register.salt.org/event/411f76d9-c215-4719-9bc4-8dfac6cfacdd/summary
Watch this video on YouTube: https://youtu.be/hqBetBKRUfM
Moderated by Anthony Scaramucci, John Darsie and Brett Messing. Developed, created and produced by SALT Venture Group, LLC.
34 min