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NYDIG acquires Bitcoin micropayments firm Bottlepay
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Bitcoin (BTC) investment firm New York Digital Investment Group, or NYDIG, has announced the acquisition of United Kingdom-based micropayment service Bottlepay for an estimated fee between $280 million and $300 million.
NYDIG previously participated in the company’s $15.4-million seed funding round in February, a raise that was led by British billionaire investor Alan Howard and saw the company valued in excess of $50 million.
Utilizing the Bitcoin Lightning Network, Bottlepay’s mobile application service enables users across the U.K. and Europe to transfer small amounts, known as micropayments, of Bitcoin and traditional fiat currencies such as the pound sterling and euro.
In March, following previous integrations of Discord and Reddit, the
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