NYDIG
Fund Size
$7B+ valuation. Hundreds of millions deployed in Bitcoin infrastructure.
Thesis
Beyond its core custodian and technology business, NYDIG deploys capital into Bitcoin infrastructure companies that complement its institutional services stack. Stevens' thesis is that Bitcoin will be integrated into every bank, insurer, and financial institution, and NYDIG invests in the companies that make that integration possible.
Portfolio
Led Unchained's seed and Series A, and acquired Bottlepay, Arctos Capital, and Digital Assets Data, alongside strategic investments across Bitcoin mining, custody, and financial services infrastructure.
Why It Matters
NYDIG blurs the line between operating company and strategic investor. Their investments are often deeply synergistic with their core business, creating an ecosystem effect where portfolio companies both use and extend NYDIG's institutional Bitcoin platform.