{"id":52026,"date":"2021-10-29T18:34:37","date_gmt":"2021-10-29T15:34:37","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=52026"},"modified":"2025-09-03T02:51:30","modified_gmt":"2025-09-02T23:51:30","slug":"nydig-buys-bitcoin-payment-service-bottlepay","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/nydig-buys-bitcoin-payment-service-bottlepay\/","title":{"rendered":"NYDIG buys Bitcoin-payment service BottlePay"},"content":{"rendered":"

The NYDIG, a platform focused on institutional players, has acquired the British startup BottlePay. The Block reports, citing sources.<\/p>\n

According to them, the deal value was between $280 million and $300 million. A NYDIG spokesperson declined to comment.<\/p>\n

BottlePay’s app is built using a Lightning Network scaling solution. At the end of 2019, British company Block Matrix announced the closure of the project due to the entry into force of the EU’s Fifth Anti-Money Laundering Directive.<\/p>\n

However, in July 2020 the bitcoin-payment service pledged to release a beta version of an improved application.<\/p>\n

In February 2021, Bottlepay raised \u00a311 million (~$15.5 million)<\/a> in a seed round with the participation of billionaire Alan Howard, partners at Goldman Sachs, venture firm FinTech Collective and NYDIG.<\/p>\n

In March 2021, the developers announced leaving beta and the launch of the payments sending feature<\/a>, tips and donations in Bitcoin.<\/p>\n

In April NYDIG acquired<\/a> the commercial lender Arctos Capital for an undisclosed sum.<\/p>\n

Subscribe to ForkLog news on Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

The NYDIG, a platform focused on institutional players, has acquired the British startup BottlePay. The Block reports, citing sources.<\/p>\n","protected":false},"author":1,"featured_media":52027,"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":[1690],"class_list":["post-52026","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-nydig"],"aioseo_notices":[],"amp_enabled":true,"views":"38","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/52026","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=52026"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/52026\/revisions"}],"predecessor-version":[{"id":52028,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/52026\/revisions\/52028"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/52027"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=52026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=52026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=52026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}