Bitcoin Revolution: NYDIG About To Unlock The Largest Capital Pool In Finance

Quick Summary:

In a move that could reshape the Bitcoin lending market, Stone Ridge subsidiary NYDIG is gearing up to channel one of the biggest capital reservoirs in traditional finance—insurance float—into BTC-backed loans.

Stone Ridge’s vision positions Bitcoin-collateralized lending as potentially on par with traditional stock margin loans—both in risk profile and, eventually, in pricing.

Insurance float, famously leveraged by Warren Buffett’s Berkshire Hathaway (which increased its float from $114 billion in 2017 to $164 billion as of December 31, 2022), represents a massive well of investable capital.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets: Hungary

Topics: Bitcoin news Ross Stevens BTC news Btc price Bitcoin price Bitcoin News Stoneridge NYDIG Btc Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-31 @ 09:30:13 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 582 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 24773399

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 13 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

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Publisher ID: #105

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