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NYDIG acquires Arctos Capital

NYDIG acquires Arctos Capital

The New York Digital Investment Group (NYDIG), focused on institutional players, приобрела commercial lender Arctos Capital. The terms of the deal were not disclosed.

The San Francisco-based firm specializes in backing mining companies in North America. It also runs a fund that offers accredited investors access to USD-denominated debt secured by bitcoin.

Following the deal, Arctos Capital, as a NYDIG unit, is expected to attract additional capital from banks and life-insurance companies for its products.

Earlier the platform поглотила an analytics company Digital Assets Data to broaden its range of services for institutions, hedge funds, high-net-worth individuals and banks seeking to unlock Bitcoin’s potential as an asset class.

In April 2021 NYDIG запустила a Bitcoin-based solutions arm for the global insurance industry.

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