BitOoda, a digital investment bank, announced that it has entered into a strategic partnership with Newmark that will allow the firms to combine their expertise and relationships across the AI, data center and bitcoin mining industries. The partnership will enable BitOoda and Newmark to further serve clients expanding into the AI and Accelerated Compute markets, ranging from startups to data center operators/occupiers to established players in the digital asset space.
“This partnership represents a valuable strategic alliance that will allow us to drive innovation at the intersection of mission critical real estate, AI and emerging frontier technologies such as Zero Knowledge Proofs – delivering exceptional value to our clients alongside the expert team at Newmark,” said BitOoda CEO Tim Kelly.
Newmark’s Data Center Capital Consulting group was formed in 2023 to offer a fully integrated, end-to-end service model; it has already established a dominant $2 billion pipeline. The group is anchored by senior investment, financing, leasing and data center experts with a track record of providing custom-tailored solutions for owners, operators and occupiers of mission-critical facilities across the globe. In-house research, marketing and financial analysis capabilities further differentiate its comprehensive menu of client services.
Newmark Vice Chairman JR McDonald said, “Newmark looks forward to working with the BitOoda team to develop a comprehensive platform for our clients by combining our decades of experience procuring data centers, powered land and colocation facilities with BitOoda’s deep expertise in the AI and data center spaces.”
