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Chainalysis: Adds bitcoin to its balance sheet with Nydig

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Chainalysis: Adds bitcoin to its balance sheet with Nydig

  • Chainalysis, the blockchain data platform announced it is expanding its long-standing partnership with NYDIG
  • NYDIG, a leading technology, and financial services firm, to execute a purchase of Bitcoin for the firm’s balance sheet
  • NYDIG played a critical role in enabling to buy and custody Bitcoin
  • This investment shows their belief that digital assets are a sound investment for the future
  • It will acquire a substantial stake of Bitcoin through NYDIG’s brokerage services
  • Raised $300 million in the past year, most recently a Series E fundraising round that valued the company at $4.2 billion
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