NYDIG and Q2 cooperate to provide Bitcoin transactions to 18 million Bank of America customers

New York Digital Investment Group (NYDIG) has partnered with Q2, a company that specializes in providing digital services to financial institutions, to provide access to Bitcoin.Bitcoin) Applicable to bank account holders in the United States.

According to a freed The partnership was announced on Wednesday and may open Bitcoin purchase, sales and custody channels to approximately 18.3 million bank customers in the United States.

In fact, Q2 provides online banking services to approximately 30% of the top 100 banks in the United States and provides services to more than one-tenth of digital banking customers in the United States.

As previously reported by Cointelegraph, NYDIG began working to provide Provide Bitcoin transaction services for Americans Through their bank account. At that time, the company cooperated with the financial technology company Fidelity National Information Services to provide US lenders with the ability to provide encrypted transaction services to customers.

In addition to the second quarter, NYDIG also partnered with cloud-based digital banking service provider Alkami and global payment service company Fiserv. Enable Provide Bitcoin access to more financial institution customers.

In another announcement, Fiserv detailed the specific details of its cooperation with NYDIG, and revealed that its cooperation is tailor-made for banks and credit unions because of the growing interest in BTC.

According to reports, California-based financial institution First Foundation Bank is cooperating with NYDIG and Fiserv to provide bitcoin transaction and custody services to its customers.As early as April, First Foundation Inc., the bank’s parent company, invested in NYDIG to provide customers with Obtain Bitcoin-based investment products.

related: NYDIG executives stated that Bank of America will allow Bitcoin transactions in 2021

On the Alkami front, NYDIG is now section The company’s Gold Partner Program-this is an important step in enabling banks and credit unions to provide BTC purchase and custody products to their customers.

Commenting on the importance of these collaborations, Robert Gutmann, NYDIG co-founder and CEO, stated that these partnerships are necessary to allow traditional financial institutions to easily access Bitcoin.

According to Gutman, this integration work will help ensure the continued expansion of the Bitcoin network.