Crypto

NYDIG’s Robby Gutmann Predicts Bitcoin Milestone Announcements


Robby Gutmann stands as the CEO of the NYDIG Bitcoin investment firm, and he is convinced that the world is on the brink of Bitcoin adoption.

Heralding Big Announcements From NYDIG Partners

The man, the co-founder of Stone Ridge asset manager with $10 billion in AUM, gave this opinion on the 15th of March, 2021, within the “On The Brink” podcast. In his speculation, Gutmann warned that the coming weeks will see an array of announcements from the various strategic partners of NYDIG, ones that will change the traditional financial landscape to an amazing degree.

He warned that this all will start next week, give or take a few days, stating that “game-changing” milestones will be announced by some of these firms.

It was on the 8th of March, 2021, when NYDIG had finished its growth capital round of $200 million. This round was led by an array of heavyweight finance firms, such as New York Life, Morgan Stanley, Soros Fund Management, MassMutual, as well as FS Investments. Other notables on the list of NYDIG partners include fintech firms, such as Nymbys, Kasasa, as well as Moven.

Promising Greater BTC Access For The Public

Of course, Gutmann couldn’t give the public everything, and refrained from name-dropping which partners would make these absolute game-changing announcements. He did, however, hint that the upcoming bits of news will primarily involve the public gaining greater levels of access to Bitcoins, alongside various other services and products in that vein.

Now, it should be noted that partner firms of NYDIG get access to its “Corporate Treasury” product, which itself is a veritable suite of purpose-built treasury solutions that allow corporations to hold Bitcoin effectively.

Innovations On Multiple Fronts

Gutmann warned that the announcements in question will each show new points in terms of availability, adoption, and products and services based around Bitcoin, integrating it within the traditional financial landscape at large.

It was just last month when NYDIG had submitted the paperwork it needed to the US Securities and Exchange Commission. This paperwork saw the firm apply to launch a brand new exchange-traded fund (ETF) based on Bitcoin, which is the latest innovation within the US crypto space.

Time will tell how effective these proposed sweeping changes will be to the traditional financial landscape, as Gutmann claims. Either way, mainstream adoption of cryptocurrencies will always be a good thing for the crypto space at large.



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