NYDIG Purchases UK Payments Startup Bottlepay for $300M in Stock

0

[ad_1]

NYDIG is purchasing British payments startup Bottlepay for between $280 million and $300 million in stock.

  • The bitcoin investment firm closed the deal earlier this week. The Block first reported the news.
  • U.K.-based Bottlepay is a global payments firm powered by the Lightning Network. Users can make micropayments of “as little as a penny” and send funds via messages on Twitter and Reddit Discord.
  • The company completed an 11 million euro (US$15.4 million) funding round in February from investors, including Alan Howard, a British billionaire hedge fund manager, who is also the company’s largest shareholder.
  • The round also included “present and former” Goldman Sachs partners and digital assets firm NYDIG.

[ad_2]

Leave a Reply

Your email address will not be published. Required fields are marked *