New York Digital Investment Group (NYDIG) reportedly formed an alliance with Q2 – a firm focusing on digital offerings for financial entities – to make Bitcoin (BTC) accessible for US-based bank account holders.
Specifically, the collaboration will offer an opportunity for making Bitcoin available for purchasing, selling and custody channels, to approximately 18.3 million bank customers in America.
Previously, NYDIG has reportedly started to invest resources in offering Bitcoin trading services to people living in the US, through their bank accounts.
During that time, the bank formed a partnership with fintech entity Fidelity National Information Services, to make crypto trading services available to U.S. lenders to cater to their clients.
NYDIG has reportedly also teamed up with cloud-based digital banking service provider Alkami and global payment services outfit Fiserv, aside Q2, for working towards making Bitcoin accessible to additional clients of financial establishments.
Fiserv reportedly revealed specifics of its collaboration with NYDIG in a different announcement, which was customized for banks and credit unions, during the time when Bitcoin interest is on the rise.
First Foundation Bank, a financial establishment from California, is reportedly partnering with NYDIG and Fiserv for the onboarding of Bitcoin trading and custody for its clients. In April this year, the bank’s parent firm – First Foundation Inc. – made an investment in NYDIG to equip its clients with access to Bitcoin-centric investment offerings.
As for Alkami, NYDIG is now reportedly included within the scope of the company’s Gold Partner Program – a major development in allowing banks and credit unions rolling out BTC purchasing and custody products to their clients.
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