Deloitte partners with NYDIG ‘to bring Bitcoin banking to everyone’

Global professional services provider Deloitte has announced a strategic alliance with Bitcoin firm NYDIG to help companies implement digital asset capabilities.

According to Deloitte’s press release, “NYDIG will work with Deloitte’s blockchain and digital assets practice in several areas involving bitcoin products, such as banking, consumer loyalty and rewards programs, employee benefits and Moreover.”

This strategic partnership “creates a one-stop approach for clients seeking advice on implementing Bitcoin products and services,” helping “companies leverage Deloitte’s multidisciplinary professional services, as well as financial and comprehensive bitcoin technologies provided by NYDIG”.

Yan Zhao, President of NYDIG, had this to say:

We envision a world where traditional financial infrastructure works alongside digital asset infrastructure to deliver a best-in-class customer experience with the highest standards of regulatory compliance. We’ve already started bringing bitcoin to everyone by integrating bitcoin wallets into existing user experiences, powering bitcoin rewards programs, and enabling bitcoin secure lending. Deloitte is the ideal partner to help companies take the next step to effectively execute these types of projects and meet customer demand with a high level of rigor.

And Richard Rosenthal, director of Deloitte’s consulting practice, said:

The future of financial services will be centered around the use of digital assets, and we are focused on advising our clients on ways to engage in a regulated and compliant manner. We believe this alliance with NYDIG will further drive business growth and is another feature of the significant investment Deloitte is making to enable digital asset innovation.

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