Institutional Bitcoin Provider NYDIG Announces Minority Stake Purchase by MassMutual
Institutional Bitcoin Provider NYDIG Announces Minority Stake Purchase by MassMutual News provided by Share this article NEW YORK, Dec. 10, 2020 /PRNewswire/ -- NYDIG, a leading provider of institutional investment and technology solutions for Bitcoin, announced today that Massachusetts Mutual Life Insurance Company (MassMutual) has purchased a minority stake in the company. Along with a $5 million equity investment in NYDIG, MassMutual has also purchased $100 million in Bitcoin for its general investment account in a transaction facilitated by NYDIG. The firm's Bitcoin position is held on...
Source: prnewswire.com