NYDIG
NYDIG is a vertically integrated bitcoin financial services and infrastructure firm, offering industrial-grade cold storage custody and bespoke financial services for institutional investors. It is a subsidiary of Stone Ridge Holdings Group and is known for its regulatory compliance and operational excellence.
Services
NYDIG offers a range of bespoke financial services tailored for institutional investors. This includes industrial-grade, 100% cold storage bitcoin custody, ensuring top-level security for digital assets. Additionally, NYDIG provides extensive research and insights on bitcoin markets, covering aspects like futures data, trader positioning, and the impact of fixed supply assets on user behaviors. Their services also encompass regulatory compliance and operational excellence, with detailed analysis on regulatory changes and market trends in the bitcoin industry.
Company History
NYDIG is a subsidiary of Stone Ridge Holdings Group, which was founded in 2012 and is based in New York. NYDIG leverages the extensive background and experience of its parent company to deliver specialized bitcoin financial services. Since its inception, NYDIG has emphasized market-leading regulatory compliance and operational excellence.
Licenses and Regulatory Compliance
NYDIG Execution LLC holds a BitLicense and a money transmitter license from the New York State Department of Financial Services (NYDFS). NYDIG Trust Company LLC is chartered as a limited-purpose trust company by the NYDFS. Both entities are authorized to engage in virtual currency business activities and hold money transmitter licenses from a majority of states. They are also registered with FinCEN as Money Services Businesses (MSBs). Furthermore, NYDIG Funding LLC is licensed under California Financing Law for conducting loans in California.
Research and Insights
NYDIG provides comprehensive research on various elements affecting bitcoin markets. This includes weekly insights into bitcoin futures data, trader positioning, and the impact of fixed supply assets on user behaviors. Their research also delves into significant events such as bitcoin halving and its implications for price, network security, and mining operations. They analyze bitcoin's market cap to realized value (MVRV) to measure market cycles and explore how the fixed supply of bitcoin influences investment strategies. Furthermore, NYDIG covers regulatory developments and their effects on bitcoin investments.