
Cryptocurrency investments company NYDIG said Monday it acquired Digital Assets Data, a move that will pad the asset manager’s crypto research and analytics offerings for its institutional base.
Digital Asset Data’s co-founders, brothers Mike and Ryan Alfred will join NYDIG, hanno detto le società. Ryan will become head of product and Mike will oversee mergers and acquisitions. I termini dell'accordo non sono stati divulgati.
The acquisition follows a record year growth for NYDIG. In a press release, the firm, which manages over $4 billion in crypto assets, said it increased its clients tenfold in 2020. Pensions, high net worth individuals and financial stalwarts contributed to that growth: Insurance giant MassMutual executed a $100 million bitcoin buy through NYDIG in December.
“As the institutionalization of Bitcoin accelerates, so does the need for enterprise-grade data and tools to support it,” Gutmann said in a press statement.
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fonte: Coindesk