Crypto currency

Bridgewater Associates CFO heads to Bitcoin-focused firm

Departing his position as the chief financial officer of Bridgewater Associates, John Dalby will assume the post of chief financial officer for Bitcoin-focused tech and finance company NYDIG.

“The NYDIG team and I are extremely excited to welcome John,” NYDIG CEO and co-founder Robert Gutmann said in a public statement released on Friday. He added:

“His kindness, curiosity, and humility, combined with his deep financial services experience, are a perfect match for NYDIG as we continue to build institutional Bitcoin solutions. Working on Bitcoin is increasingly what many of the best and brightest employees seek – including industry leaders like John – and NYDIG is uniquely positioned to offer them the platform, resources, and culture to shine, in pursuit of our collective mission to bring Bitcoin safely to everyone.”

Founded in 1975 by famous investor Ray Dalio, Bridgewater Associates operates as a mainstream powerhouse investment management entity. NYDIG, a younger company focused on Bitcoin, has made a number of headlines this year, including garnering funding to the tune of $100 million.

Dalby formerly held high positions at UBS and D.E. Shaw Renewables Investments, giving him vast expertise, based on the public statement. “The growth of NYDIG has been incredible,” Dalby said in the statement. “Every day, more industries come to understand Bitcoin’s potential and more clients seek ways to safely access it,” he added. Further comments in the statement from the new NYDIG chief financial officer showed his positivity toward Bitcoin’s potential.