NYDIG, the digital assets-focused subsidiary of financial services firm Stone Ridge, has raised approximately $720 million for its Institutional Bitcoin Fund. According to a Form D filing made with the SEC, around 59 investors contributed more than $12 million on average to the raise. The filing however revealed that the SEC had not "necessarily" validated the accuracy and completeness of the filing. ...Read More: NYDIG Bets Big on Bitcoin – $720 Million Raised for its Bitcoin Fund
