New York Digital Investment Group’s third Bitcoin fund has completed $4.95 million in fundraising

According to the United States Securities and Exchange Commission (SEC) documents, the New York Digital Investment Group (NYDIG) has raised US$4.9958126 for the newly established Bitcoin fund through private placement. At present, 56 eligible investors have committed to invest in the fund, and NYDIG has not disclosed the net asset value of the fund. According to previous reports from Chain Wen, last month, NYDIG disclosed that it had completed a $190 million bitcoin fundraising, which has 24 investors and is in accordance with the Safe Harbor Protection Regulation 506 (b) of Rule D formulated in 2013. Get an exemption. In May of this year, NYDIG announced the sale of an unknown Bitcoin fund, NYDIG Bitcoin Income Enhancement Fund LP, for nearly USD 140 million. If NYDIG Bitcoin Income Enhancement Fund LP’s fund is actually an alternative financial instrument, NYDIG has quietly become one of the largest Bitcoin institutional investors in the United States. At present, the three funds have raised nearly US$340 million.