Secure, efficient access to Bitcoin, built for advisors.
About us
FS | NYDIG represents the partnership between NYDIG, a leading provider of Bitcoin solutions, and FS Investments, a leading asset manager.
Research and insights

Research + insights
1Q23 Review and Look Ahead
We take a look at the first quarter of 2023 and the news that shaped it as well as important events in the future.
Read more

Research + insights
March 2023 Bitcoin Brief
Bitcoin was explicitly designed for today’s market environment, and it delivered strong performance in the first quarter of 2023. Bitcoin ended the quarter above $28,000 and up 72% YTD, making it bitcoin’s best performing quarter since 1Q21.
Read more

Research + insights
December 2022 Bitcoin Brief
Bitcoin ended 2022 down over 60%, which ranks as bitcoin’s second worst performing calendar year since the asset began trading in 2009.
Read more
What is Bitcoin?
Bitcoin represents a first in human history of having a
technology that provides an open-source monetary system
for all. Bitcoin, as a digital currency, helps address some of the shortcomings of fiat currency and gold: it’s easy to store, it’s decentralized, it has a fixed supply and it’s much easier to transport.
Play Video
Learn more from FS | NYDIG
Subscribe to receive insights about Bitcoin.
Partners

NYDIG is a leading technology and financial services firm dedicated to Bitcoin.
2017
Year founded
290
Personnel
NYDIG is a subsidiary of Stone Ridge, a holding company that has led the creation of
forward-thinking firms across the worlds of technology and finance, including a $13B+
alternatives asset manager.
Built on this stable foundation, NYDIG delivers Bitcoin products and services across industries, from banking and insurance to fintech and nonprofits. NYDIG fuses stringent regulatory standards with ironclad technology to make Bitcoin universal.
Built on this stable foundation, NYDIG delivers Bitcoin products and services across industries, from banking and insurance to fintech and nonprofits. NYDIG fuses stringent regulatory standards with ironclad technology to make Bitcoin universal.
Firm statistics as of December 31, 2022.
NYDIG leadership team
Ross Stevens
Executive Chairman
Tejas Shah
CEO
Nate Conrad
President

Offering industry-leading portfolio management expertise.
2007
Year founded
$35B+
AUM1
FS Investments is a leading alternative asset manager dedicated to helping individuals,
financial professionals and institutions design better portfolios. The firm strives to bring
differentiated products and ideas to market and solve investor needs by creating access
to alternative ideas and institutional-quality managers to achieve a higher probability of
investment success. The firm aims to provide investors best-in-class management,
customized structures and investment education. FS Investments is headquartered in
Philadelphia, PA, with offices in New York, NY, Orlando, FL, and Leawood, KS.
FS Investments leadership team
Michael Forman
Chairman and Chief Executive Officer
Mike Kelly
Co-President and Chief
Investment Officer
Enrico Gaglioti
Co-President
View disclosures
- Total AUM estimated as of December 31, 2022. References to “assets under management” or “AUM” represent the assets managed by FS Investments or its strategic partners as to which FS Investments is entitled to receive a fee or carried interest (either currently or upon deployment of capital) and general partner capital. FS Investments calculates the amount of AUM as of any date as the sum of: (i) the fair value of the investments of FS Investments’ investment funds; (ii) uncalled capital commitments from these funds, including uncalled capital commitments from which FS Investments is currently not earning management fees or carried interest; (iii) the value of outstanding CLOs (excluding CLOs wholly-owned by FS Investments); (iv) the fair value of FSK JV assets and FSEP JV assets; and (v) the fair value of other assets managed by FS Investments. FS Investments’ calculation of AUM may differ from the calculations of other asset managers and, as a result, FS Investments’ measurements of its AUM may not be comparable to similar measures presented by other asset managers. FS Investments’ definition of AUM is not based on any definition of AUM that may be set forth in agreements governing the investment funds, vehicles or accounts that it manages and is not calculated pursuant to any regulatory definitions.