Clients of the leading US banks Wells Fargo and JPMorgan will have access to bitcoin through funds launched by NYDIG, so J. P. Morgan Securities filed two applications with the SEC https://www.sec.gov/Archives/edgar/data/0001878304/000187830421000001/xslFormDX01/primary_doc.xml, https://www.sec.gov/Archives/edgar/data/0001878968/000187896821000001/xslFormDX01/primary_doc.xml and Wells Fargo Clearing Services also sent an application to the SEC. https://www.sec.gov/Archives/edgar/data/0001861688/000186168821000001/xslFormDX01/primary_doc.xml
All three represent a combined investment fund. https://www.investopedia.com/terms/p/pooledfunds.asp
One of the structures for JPMorgan will be created in the Cayman Islands with an entry threshold for external investors of $100,000. The other two are intended for residents of the United States, the limit for investments is not specified.
JPMorgan and Wells Fargo will receive commissions for the placement and maintenance of client funds. The volume of assets under management of NYDIG reached $11 billion https://nydig.com/about-nydig/
Topic: [2021-03-21] NYDIG head "major firms to announce Bitcoin ‘milestones’ next week" (Read 139 times)
August 20, 2021, 04:21:22 AM
June 30, 2021, 10:19:37 AM
The company developing corporate payment solutions NCR Corporation has entered into cooperation with the crypto investment firm NYDIG, thanks to which 650 American banks and credit cooperatives will be able to offer their customers the opportunity to buy, trade and store cryptocurrencies. https://www.forbes.com/sites/michaeldelcastillo/2021/06/30/6-billion-ncr-opens-bitcoin-purchases-to-650-banks-and-credit-unions/?sh=2f6d23b13f82
June 27, 2021, 04:01:25 AM
Those are fairly big developments. Its clear again from these that the demand for
Bitcoin is increasing regardless of price crashes.
These developments are also proof that accesability to Bitcoin is getting easier
for people who dont necessarily want to go the obvious route of acquiring it directly.
Thanks for updating @Daltonik
https://nydig.com/about-nydig/news-press-releases/nydig-and-q2-announce-collaboration-to-offer-integrated-bitcoin-solutions-for-financial-institutions-via-q2s-digital-banking-platform/
https://nydig.com/about-nydig/news-press-releases/alkami-announces-addition-of-nydig-to-its-gold-partner-program/
https://nydig.com/about-nydig/news-press-releases/financial-institutions-can-now-provide-consumers-easy-access-to-bitcoin-via-fiserv-and-nydig/
Bitcoin is increasing regardless of price crashes.
These developments are also proof that accesability to Bitcoin is getting easier
for people who dont necessarily want to go the obvious route of acquiring it directly.
Thanks for updating @Daltonik
https://nydig.com/about-nydig/news-press-releases/nydig-and-q2-announce-collaboration-to-offer-integrated-bitcoin-solutions-for-financial-institutions-via-q2s-digital-banking-platform/
Quote
Integration will allow Q2’s clients to offer their more than 18 million customers the ability to buy, sell and hold bitcoin
Collaboration will be powered by NYDIG’s secure, regulated, full-stack Bitcoin platform
Collaboration will be powered by NYDIG’s secure, regulated, full-stack Bitcoin platform
https://nydig.com/about-nydig/news-press-releases/alkami-announces-addition-of-nydig-to-its-gold-partner-program/
Quote
“The demand for and utilization of digital currencies have expanded exponentially in recent months, leaving many FIs struggling to keep pace and retain these deposit streams within their institution,” said Bohanon. “Alkami’s partnership with NYDIG further supports our mission to enable FIs to compete directly against the megabanks and challenger banks to capture this valuable market.”
https://nydig.com/about-nydig/news-press-releases/financial-institutions-can-now-provide-consumers-easy-access-to-bitcoin-via-fiserv-and-nydig/
Quote
“Digital assets have caught the eye of consumers and investors,” said Scott F. Kavanaugh CEO of First Foundation Inc. (NASDAQ: FFWM). “If our industry is truly committed to innovation and the financial future of our clients, we need to lead in this area and help create a secure and trusted platform for using bitcoin for everyday financial matters.”
June 26, 2021, 02:56:07 AM
NYDIG has Announced new partnerships to expand the scope of connecting bitcoin and banking: this is firstly a partnership with Q2, a leading provider of digital transformation solutions for banking and lending. https://nydig.com/about-nydig/news-press-releases/nydig-and-q2-announce-collaboration-to-offer-integrated-bitcoin-solutions-for-financial-institutions-via-q2s-digital-banking-platform/
NYDIG also announced a deal with Alkami, linking Alkami's customer base including credit unions with NYDIG's bitcoin investment services. https://nydig.com/about-nydig/news-press-releases/alkami-announces-addition-of-nydig-to-its-gold-partner-program/
The third recent transaction was concluded with Fiserv, a provider of payment solutions. https://nydig.com/about-nydig/news-press-releases/financial-institutions-can-now-provide-consumers-easy-access-to-bitcoin-via-fiserv-and-nydig/
NYDIG also announced a deal with Alkami, linking Alkami's customer base including credit unions with NYDIG's bitcoin investment services. https://nydig.com/about-nydig/news-press-releases/alkami-announces-addition-of-nydig-to-its-gold-partner-program/
The third recent transaction was concluded with Fiserv, a provider of payment solutions. https://nydig.com/about-nydig/news-press-releases/financial-institutions-can-now-provide-consumers-easy-access-to-bitcoin-via-fiserv-and-nydig/
March 23, 2021, 07:46:30 AM
Given the penchant Soros has for authoritarianism, he must only be investing based on bitcoin's investment thesis, not its freedom thesis.
Probably not the only one, actually, because a lot of investment funds are looking at it seriously. I believe even some governments are looking at it with their state banks now and that's purely on hedge/investment theories not from ideology perspective (since it doesn't make sense to invest in something that is opposite of banking and money maybe).
Good news for Bitcoin in any case I guess?
Agreed, probably good news and I’m sure he’s not the only one doing it.
Price growth will probably result in fiat stability which then lessens the need to get out of crypto to transact.
March 23, 2021, 07:41:32 AM
Given the penchant Soros has for authoritarianism, he must only be investing based on bitcoin's investment thesis, not its freedom thesis.
Probably not the only one, actually, because a lot of investment funds are looking at it seriously. I believe even some governments are looking at it with their state banks now and that's purely on hedge/investment theories not from ideology perspective (since it doesn't make sense to invest in something that is opposite of banking and money maybe).
Good news for Bitcoin in any case I guess?
March 22, 2021, 05:20:59 AM
Given the penchant Soros has for authoritarianism, he must only be investing based on bitcoin's investment thesis, not its freedom thesis.
March 21, 2021, 02:51:47 PM
They seem to have big connections in Wall Street with Soros and Morgan Stanley
here is an slightly older report from CoinDesk about the two above aligning with NYDIG
As per the OP it looks like they were talking these "explosions" earlier in the month.
Hmmm, lets see what these are and if they have an effect on the markets....
Source > https://www.coindesk.com/soros-morgan-stanley-join-200m-investment-in-bitcoin-firm-nydig
here is an slightly older report from CoinDesk about the two above aligning with NYDIG
Quote
Soros, Morgan Stanley Join $200M Investment in Bitcoin Firm NYDIG
NYDIG, the firm that facilitated MassMutual's $100 million bitcoin buy last year, has raised $200 million from a cadre of big-name investors.
NYDIG, the firm that facilitated MassMutual's $100 million bitcoin buy last year, has raised $200 million from a cadre of big-name investors.
As per the OP it looks like they were talking these "explosions" earlier in the month.
Hmmm, lets see what these are and if they have an effect on the markets....
Quote
"In the months and quarters ahead, look out for an explosion of innovation in bitcoin products and services delivered by NYDIG, in partnership with our new investors."
Source > https://www.coindesk.com/soros-morgan-stanley-join-200m-investment-in-bitcoin-firm-nydig
March 21, 2021, 06:51:10 AM
So next week we are finally breaking the $60k mark and expecting one big pump? It's nice that they told us such news, and considering that the price of BTC is currently falling, here are the opportunities for all those who want a quick profit 
Joke aside, it's a little weird to read news like this - but it's even weirder that the market doesn't react to it at all. However, as far as the list of partners is concerned ("Morgan Stanley, New York Life, Soros Fund Management, FS Investments"), I know is that Morgan Stanley a few days ago offered his clients access to three funds through which they can invest in Bitcoin, so we can consider it one of those great news. As for MassMutual, they already invested $100 million in BTC last year, maybe now they will invest as much or more?
What is actually literally eye-catching is Soros Fund Management, the old bats decided to play on the crypto card a little more seriously
Joke aside, it's a little weird to read news like this - but it's even weirder that the market doesn't react to it at all. However, as far as the list of partners is concerned ("Morgan Stanley, New York Life, Soros Fund Management, FS Investments"), I know is that Morgan Stanley a few days ago offered his clients access to three funds through which they can invest in Bitcoin, so we can consider it one of those great news. As for MassMutual, they already invested $100 million in BTC last year, maybe now they will invest as much or more?
What is actually literally eye-catching is Soros Fund Management, the old bats decided to play on the crypto card a little more seriously
The rise in popularity of cryptocurrency and the digital token market received with enthusiasm the news that two of Wall Street's best-known funds will start investing in this revolutionary technology. George Soros and the Rockefeller family have taken their first steps to invest in cryptocurrency. Adam Fisher, who oversees the macroinvestments of Soros Fund Management and who moves $26bn from his headquarters in New York, has obtained internal permission to start trading with virtual currencies, the US news agency Bloomberg said.
March 21, 2021, 04:47:42 AM
My brother mentioned this to me yesterday that he heard an interview with Robbie Guttman
from stoneridge, I did some searching and came across this from the 17th of March, 4 days ago.
Interesting in many ways and could be a bit worrying as more Elite's enter the space.
Source > https://cointelegraph.com/news/nydig-head-says-major-firms-will-announce-bitcoin-milestones-next-week
from stoneridge, I did some searching and came across this from the 17th of March, 4 days ago.
Interesting in many ways and could be a bit worrying as more Elite's enter the space.
Quote
“I know starting more or less next week, you’re going to see an absolute drumbeat of pretty game-changing milestones from some of these firms.” — Stone Ridge co-founder
Quote
Gutmann, also the co-founder of $10B asset manager Stone Ridge, told the “On the Brink" podcast on Mar. 15 that we can expect to see announcements from some of the firm’s strategic partners that will drastically change the traditional financial landscape.
Source > https://cointelegraph.com/news/nydig-head-says-major-firms-will-announce-bitcoin-milestones-next-week
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