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New York Digital Investment Group Completes $190 Million Institutional Bitcoin Fund raising

Tracy CHEN

Summary: According to Reuters, New York Digital Investment Group (NYDIG) disclosed that it has completed a $190 million Bitcoin fundraising. The NYDIG Institutional Bitcoin Fund LP has 24 investors and was exempted according to Rule 506 (b) of Safe Harbor Regulation D established in 2013. Little is known about the fund.

According to Reuters, New York Digital Investment Group (NYDIG) disclosed that it has completed a $190 million Bitcoin fundraising. The NYDIG Institutional Bitcoin Fund LP has 24 investors and was exempted according to Rule 506 (b) of Safe Harbor Regulation D established in 2013. Little is known about the fund.

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