Owner gets $2.3B valuation, Vistria takes Curi Capital stake, BitGo buys NYDIG assets

Vistria Group has moved to acquire a majority stake in Curi Capital, a Chicago-based RIA managing over $14 billion in assets under advisement. The acquisition underscores sustained institutional investor interest in consolidating independent wealth management platforms, a trend that has accelerated as larger alternative asset managers and private equity firms seek to build integrated financial services ecosystems. Vistria's investment in Curi Capital positions the firm within the growing market of advisor-led platforms that combine advisory services with scalable operational infrastructure.

In parallel, BitGo completed a purchase of digital asset management and custody assets from NYDIG, strengthening its position in the cryptocurrency infrastructure market. The transaction enhances BitGo's service offerings in digital asset custody, a critical function as institutional adoption of cryptocurrency holdings continues to evolve. NYDIG's exit from certain asset lines reflects the shifting competitive dynamics and consolidation patterns within digital finance infrastructure.

These transactions collectively illustrate institutional capital's ongoing deployment across financial services modernization, wealth advisory consolidation, and cryptocurrency infrastructure buildout. Both deals signal confidence among sophisticated investors in the fundamental demand drivers underlying RIA platforms and digital asset custody solutions, even as market conditions require selective asset sales and portfolio optimization by certain participants.