Ross Stevens is the CEO and founder of NYDIG, the Bitcoin subsidiary of Stone Ridge, a $10 billion alternative asset manager. He and his firm have had a profound impact on institutions taking advantage of Bitcoin over the last several months. Today, Ross has made his second-ever appearance in an interview with Andrew Tsia at the MacroMinds Charitable Investment Symposium.
Ross touches on many different topics, including cash as a liability on corporate balance sheets, Bitcoin as life insurance, Bitcoin being “our peaceful weapon of choice,” the Bitcoin Indy car, central banks’ fear of Bitcoin, what might go wrong with Bitcoin, and what motivates Ross.
Ross has a very deep understanding of Bitcoin as evidenced by his shareholder letter on the topic, which Andrew in this interview calls “the best shareholder letter [he’s] ever read.” Ross talks about the shareholder letter and expounds on his thoughts in this interview.
Watch for yourself; it’s worth the time:
Just a couple weeks ago, NYDIG announced a new partnership with FIS, which will see countless banks across the country to offer their customers the ability to buy and sell Bitcoin starting later this year. The company also announced the appointment of John Dalby as CFO. Previously, Dalby was CFO of Bridgewater.
Also, CEO of New York Life, one of the most well-respected life insurance companies in the world, recently joined the NYDIG board of directors.
Ross says he’s “quietly lifted” the no-press mandate at NYDIG, so while this is only his second interview on the topic of Bitcoin, it’s likely that many more are coming. He says he’s in the “early stages” of finding his voice. Ross has no social media presence.