Bitcoin-focused financial service firm, NYDIG, has raised $100 million and made new hires to lead the insurance solutions arm
The New York Digital Investment Group (NYDIG) yesterday announced it had raised $100 million with the help of property & casualty insurers Starr and Liberty Mutual Insurance. It is now officially associated with two different branches of the insurance industry. The investment and technology services provider previously sealed partnerships with life insurance providers in New York Life and MassMutual.
The company also revealed it was diving into the insurance market with its “Bitcoin-powered solutions for US-based life insurance and annuity