FS Investments, a sponsor of alternative investment products, has partnered with NYDIG, a technology and financial services firm focused on Bitcoin, to design and bring bitcoin investment products to market.
For any products offered under the partnership, FS Investments will provide marketing and education services, utilizing its education platform and distribution team to reach and educate advisors. NYDIG will offer its end-to-end platform for bitcoin custody, execution, asset management, financing and research. The companies indicated that they will design products that meet regulatory, audit and governance requirements.
NYDIG provides Bitcoin investment and technology services to insurers, banks, corporations, institutions, and high net worth individuals.
“NYDIG is a true leader in the cryptocurrency space and is at the forefront of the industry from a regulatory and security perspective,” said Michael Forman, chairman and chief executive officer of FS Investments. “At FS Investments, we pride ourselves on partnering with the best institutional-quality investment managers to create innovative alternative investment solutions for advisors and their clients, and this partnership with NYDIG will allow us to do just that in this emerging space.”
FS Investments is headquartered in Philadelphia, with offices in New York City, Orlando, and Leawood, Kansas. The company sponsors or has sponsored a number of alternative investment products, including non-traded business development companies, non-traded real estate investment trusts, interval funds, and mutual funds.