July 25, 2024
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Chainalysis Adds Bitcoin To Its Balance Sheet, As NYDIG Offers Help

RegTech firm Chainalysis announces the expansion to its long-standing partnership with NYDIG. Notably, NYDIG is a leading Bitcoin technology and financial services firm. Additionally, this is to help to facilitate the purchase of bitcoin for the firm’s balance sheet.

Furthermore, the team posts a blogpost, saying NYDIG is to…,
“play a critical role in enabling Chainalysis to buy and custody bitcoin.”

Meanwhile, Nate Conrad, NYDIG’s Head of Asset Management contributes,

“Our expanding partnership with Chainalysis is a mutually beneficial relationship…”
“Chainalysis has long been building trust in the digital asset ecosystem,…”
“and this investment shows their belief that bitcoin is a sound investment for the future…”
“We are happy that they trusted our platform to safeguard their assets.“

Lastly, Michael Gronager, co-founder and CEO at Chainalysis adds,

} is laser-focused on its commitment to building trust in cryptocurrency as a digital asset,…”
“and we are thrilled to be adding Bitcoin to our corporate investment portfolio…”
“With any financial transaction, a level of trust and transparency is necessary…”

“Our longstanding relationship with NYDIG enabled us to invest with confidence,…”
“knowing we were dealing with an industry leader…”
“This is Chainalysis first acquisition of cryptocurrency,..”
“and we will continue to pursue other digital assets as potential future investments.“

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