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NYDIG Raises $ 100 Million from Starr Insurance and Liberty Mutual Insurance

Crypto investment company New York Digital Investments Group (NYDIG) has raised $ 100 million from insurance companies Starr Insurance and Liberty Mutual Insurance. Last month NYDIG announced raising $ 200 million from Stone Ridge Holdings Group (NYDIG’s parent company), Morgan Stanley, New York Life, MassMutual, Soros Fund Management and FS Investments. NYDIG provides Bitcoin investing services to institutional investors. The value of assets under the management of the company approached $ 6 billion. In February, NYDIG filed an application for the creation of a Bitcoin ETF.

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