{"id":39735,"date":"2021-03-29T13:36:19","date_gmt":"2021-03-29T10:36:19","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=39735"},"modified":"2025-08-30T11:04:44","modified_gmt":"2025-08-30T08:04:44","slug":"nydig-chief-sovereign-funds-eye-bitcoin-purchases","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/nydig-chief-sovereign-funds-eye-bitcoin-purchases\/","title":{"rendered":"NYDIG chief: sovereign funds eye bitcoin purchases"},"content":{"rendered":"<p>The cryptocurrency platform New York Digital Investment Group (NYDIG) is in talks with sovereign wealth funds about possible bitcoin investments. This was stated by NYDIG CEO Robert Gutmann on the Real Vision podcast.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">This is the CEO of NYDIG confirming, for the first time in history, government funds are inquiring about buying <a href=\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#bitcoin<\/a> <a href=\"https:\/\/t.co\/xQaR660og6\">pic.twitter.com\/xQaR660og6<\/a><\/p>\n<p>\u2014 Documenting \u20bfitcoin \ud83d\udcc4 (@DocumentingBTC) <a href=\"https:\/\/twitter.com\/DocumentingBTC\/status\/1375157954832433152?ref_src=twsrc%5Etfw\">March 25, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div>\n<\/figure>\n<p>Drawing parallels between the appeal of bitcoin to public firms and sovereign wealth funds, Gutmann noted institutional investors&#8217; desire to hedge their dollar-denominated obligations.<\/p>\n<p>As of the time of writing, podcast host Raoul Pal had deleted the tweet linking to the podcast. However, in the comments he wrote that the Singaporean investment holding Temasek bought bitcoin from miners.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"tr\" dir=\"ltr\">Temesek<\/p>\n<p>\u2014 Raoul Pal (@RaoulGMI) <a href=\"https:\/\/twitter.com\/RaoulGMI\/status\/1374920921484570626?ref_src=twsrc%5Etfw\">March 25, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div>\n<\/figure>\n<p>In January, Gutmann said that <a href=\"https:\/\/forklog.com\/en\/news\/nydig-chief-says-institutions-are-only-interested-in-bitcoin\">investors were interested only in bitcoin<\/a>. None of Gutmann&#8217;s interlocutors, considering cryptocurrency investments starting at $50 million, paid attention to altcoins.<\/p>\n<p>In August 2020, the Nasdaq-listed analytics software provider MicroStrategy <a href=\"https:\/\/forklog.com\/en\/news\/microstrategy-becomes-the-first-nasdaq-listed-company-to-invest-part-of-its-capital-in-bitcoin\">became the first publicly traded company<\/a> to allocate a portion of its capital to bitcoin.<\/p>\n<p>In September 2020, Norway&#8217;s sovereign wealth fund with assets of $1 trillion <a href=\"https:\/\/forklog.com\/en\/news\/worlds-largest-sovereign-wealth-fund-with-assets-of-1-trillion-becomes-indirect-owner-of-bitcoin\">became the indirect owner of 577.6 BTC<\/a>.<\/p>\n<p>In February 2021, Singapore&#8217;s sovereign wealth fund <a href=\"https:\/\/forklog.com\/en\/news\/anchorage-the-cryptocurrency-custodian-raises-80-million-in-series-c-funding\">led the investment round<\/a> for Anchorage, a cryptocurrency custodian, in an $80 million round.<\/p>\n<p>Read ForkLog&#8217;s bitcoin news on our Telegram \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The NYDIG platform is in talks with sovereign wealth funds about possible bitcoin investments, according to NYDIG CEO Robert Gutmann on the Real Vision podcast.<\/p>\n","protected":false},"author":1,"featured_media":39736,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1690],"class_list":["post-39735","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-nydig"],"aioseo_notices":[],"amp_enabled":true,"views":"9","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/39735","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=39735"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/39735\/revisions"}],"predecessor-version":[{"id":39737,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/39735\/revisions\/39737"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/39736"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=39735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=39735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=39735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}