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company

NYDIG

Sub-custodian for U.S. Bancorp's institutional bitcoin custody service.

Known aliases

  • New York Digital Investment Group

Relationships

No evidence-backed relationships are recorded.

Current stories

invest9 publishers

BitGo absorbs NYDIG's derivatives desk to sell institutions the whole trade lifecycle

Thirty people and a book of institutional trading relationships changed hands on terms nobody disclosed, which leaves the $4.329bn of quarterly revenue BitGo is now trying to put a spread on as the number to read.

Perspective Coverage

9 publishers
Builder
Builder 16%
Operator
Operator 36%
Investor
Investor 48%

Reality

Evidence70
Adoption40
Hype gap+25
Incentives55
Confidence65
invest3 publishers

Citi will custody bitcoin on its equities platform, and plans to hold the coins itself

Custody+ adds digital asset custody later this year, starting with bitcoin, inside the framework Citi uses for traditional securities. The bank says it will hold native tokens rather than route them out.

Perspective Coverage

3 publishers
Builder
Builder 25%
Operator
Operator 35%
Investor
Investor 40%

Reality

Evidence55
Adoption30
Hype gap+22
Incentives72
Confidence62