news

bitcoin

1 X bitcoin bitcoin =

Thursday

22 April 2021

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

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


smart summary beta

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.

NYDIG co-founder and CEO Robert Gutmann said growth from capital introduced by Starr, Liberty Mutual, and other companies would help the firm’s “expansion of Bitcoin into new areas of insurance.” The company has raised $450 million in the last six months for Bitcoin-related business initiatives on insurance, banking, and clean energy.

Goto Full Article

bitcoin bitcoin price

$54689.00

24h

Live Average

bitcoin

News Article Sentiment

positive

Score (0)

Article Metadata

author

site

cointelegraph.com

categories

Market data feeds provided by cryptocompare.com
bitsmart 2021