NYDIG raises $100 million and launches 'Bitcoin-powered' insurance initiative

Cointelegraph

Published Apr 08, 2021 05:15PM ET

Updated Apr 08, 2021 08:00PM ET

New York Digital Investment Group announced the completion of a growth capital funding round as well as the launch of a business initiative relating to Bitcoin.

In an announcement today, the New York Digital Investment Group, or NYDG, said it had secured $100 million in funding from major insurance providers including Starr Insurance, Liberty Mutual Insurance, and others in addition to its existing strategic partners, New York Life and MassMutual.

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