Blockchain Bites: Record-Breaking ‘Active’ Bitcoin Users as Wall Street Ponders Mass Adoption
New York Digital Investments Group (NYDIG) raised $150 million for two new funds to invest in cryptocurrencies, aimed at investors who want to go long on bitcoin. According to two U.S. Securities and Exchange Commission filings, NYDIG Digital Assets Fund I, a fund exclusive to bitcoin, raised $50 million from institutional investors while NYDIG Digital Assets Fund II raised $100 million.
Crypto crowdfund Ziglu, a U.K.-based app that allows users to buy, hold and sell cryptocurrencies, has raised $14.8 million from some 1,250 investors in a crowdfunding campaign, the largest equity raise on the Seedrs platform this year. Ziglu is one of many easy-to-use platforms, like PayPal, that let users gain exposure to crypto while simultaneously limiting its use.