The New York Digital Investment Group (NYDIG) has named John Dalby as chief financial officer for the bitcoin financial services company.

Dalby, most recently CFO of Bridgewater Associates, the world’s largest hedge fund, brings over 20 years of experience in capital markets, asset management and financial services. Prior to joining Bridgewater in 2018, he was CFO and Chief Operating Officer of DE Shaw Renewables Investments and previously CFO of UBS Americas.

“Working on Bitcoin is increasingly what many of the best and brightest people are looking for – including industry leaders like John – and NYDIG is uniquely positioned to give them the platform, resources and culture to shine to support our shared mission to pursue bringing Bitcoin safely to everyone, ”said Robert Gutmann, Co-Founder and CEO of NYDIG.

NYDIG, a $ 10 billion subsidiary of alternative asset manager Stone Ridge, recently raised more than $ 300 million from partners including Morgan Stanley, New York Life, MassMutual, Liberty Mutual, Starr Companies and FIS.

“Every day, more industries understand the potential of Bitcoin and more customers are looking for ways to access it securely,” said Dalby. “Personally, I share NYDIG’s vision that Bitcoin can drive economic empowerment for everyone. I am very much looking forward to doing my part to ensure that NYDIG delivers innovative Bitcoin solutions to institutions and individuals. “

Ross Stevens, NYDIG Founder and Chairman of the Board, added, “John’s move to NYDIG shows an increasing trend of top talent voting with their feet to fuel Bitcoin’s inclusiveness as a De (Central) Bank and its dual mandate as the ultimate risk asset and the ultimate risk-off asset. “

Last week, NYDIG partnered with fintech company Fidelity National Information Services to allow US banks to offer Bitcoin in the coming months. Banks are asking about Bitcoin after seeing customers using cryptocurrency exchange platforms like Coinbase and Kraken, the company said. Hundreds of banks have already signed up for the program, according to NYDIG.

Bitcoin, Bridgewater Associates, Cryptocurrencies, John Dalby, New York Digital Investment Group