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NYDIG

Provider
Crypto / StablecoinCrypto Custody

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 2 companies across 2 categories.

nydig.com ↗Also analysed as a company — its own stack →
CategoriesCrypto / Stablecoin, Crypto Custody
Rank#34 of 57 in Crypto / Stablecoin
Buyers2 companies
HeadquartersNew York, NY, USA
Founded2017
FoundersRoss Stevens

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Founders & story · from NYDIG’s own dossier

Founded in 2017 as the bitcoin investment and infrastructure arm of Stone Ridge, NYDIG built out institutional-grade regulated custody and execution entities chartered by the New York DFS. The company expanded into embedded bitcoin banking for financial institutions (notably via its partnership with Nymbus), Bitcoin-collateralized lending, and spot/derivatives trading. In 2021 it acquired Bottlepay for Lightning Network payments capability. More recently, NYDIG has pivoted further upstream by integrating power and compute infrastructure with Bitcoin mining, positioning itself as a vertically integrated 'bitcoin and power firm' rather than a pure fintech.

Full dossier: NYDIG’s own stack, layer by layer →
Who uses NYDIG
2 companies disclose NYDIG in their stack
UpgradeVictor Technologies
Buyer mix · 2 of 2 classified
Fintech / Neobank · 1Infrastructure / Payments · 1
US · 2
What the disclosures say
Upgrade
“FintechFutures and Wikipedia confirm Upgrade works with 'NYDIG Execution for Bitcoin execution and custody services' as part of its Bitcoin rewards product offering.”
Victor Technologies
“FintechFutures press release (September 2021) and BusinessWire confirm MVB Bank and Victor partnered with NYDIG to offer white-label Bitcoin products to fintechs.”
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent NYDIG? Claim this profile above to unlock your own full list.
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What NYDIG runs on · from its own dossier
The third-party providers NYDIG itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose NYDIG.
PSP
Bottlepay
BaaS
Nymbus
Full dossier with evidence for each layer →
Alternatives to NYDIG

Other Crypto / Stablecoin providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Zero Hash25 buyers →Circle21 buyers →Bridge16 buyers →BVNK13 buyers →Tempo13 buyers →Fireblocks12 buyers →MoonPay10 buyers →Lightspark9 buyers →
Share this rank

An embeddable badge for NYDIG’s own site — it always shows this page’s current rank, so it stays accurate as new disclosures land. States its own denominator; never claims a number this page doesn’t.

Ranked #34 of 57 in Crypto / Stablecoin — Embedded Finance Index 2026
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<a href="https://www.embeddedfinanceindex.com/vendors/nydig?ref=badge">
  <img src="https://www.embeddedfinanceindex.com/api/badge/nydig.svg"
       alt="Ranked #34 of 57 in Crypto / Stablecoin — Embedded Finance Index 2026">
</a>
<img src="https://www.embeddedfinanceindex.com/api/badge/nydig/install" width="1" height="1" alt="" style="display:none">

NYDIG — frequently asked

Which companies use NYDIG?

2 companies are linked to NYDIG in the Embedded Finance Index 2026, through their own public disclosures or NYDIG's published customer list, including Upgrade and Victor Technologies.

What does NYDIG do?

NYDIG is an embedded-finance provider in Crypto / Stablecoin and Crypto Custody. It ranks #34 of 57 Crypto / Stablecoin providers by linked companies.

What are the alternatives to NYDIG?

The most-named Crypto / Stablecoin alternatives to NYDIG are Zero Hash (25 buyers), Circle (21 buyers), Bridge (16 buyers), BVNK (13 buyers), Tempo (13 buyers) and Fireblocks (12 buyers).

Who founded NYDIG?

NYDIG was founded by Ross Stevens and is founded in 2017, headquartered in New York, NY, USA.

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