Deloitte Partners with NYDIG to Help Institutions Adopt Bitcoin
- Deloitte and NYDIG becomes strategic partners.
- They aim to help companies grow using the advanced technology involved in Bitcoin products and services.
With big collaborations happening in the crypto space, the global professional services organization, Deloitte has also announced its partnership with the leading bitcoin company, NYDIG. The strategic partnership has been finalized to help companies in different sectors implement the usability of virtual assets in their businesses.
The motive is to use Deloitte’s blockchain and practices related to digital assets involved in several areas including bitcoin products not limited to banking, consumer loyalty and rewards programs, employee benefits, and more.
The president of NYDIG, Yan Zhao said, “We envision a world where traditional financial infrastructure works alongside digital asset infrastructure to deliver clients a best-in-class experience with the highest standards of regulatory compliance. We’ve already started the journey of bringing bitcoin to all by embedding bitcoin wallets into existing user experiences, powering bitcoin rewards programs, and enabling bitcoin-secured lending. Deloitte is the perfect collaborator to help companies take the next step to efficiently execute on these types of projects and meet customer demand with a high level of rigor.”
The aim is to develop a centralized approach to help businesses provide Bitcoin products and services. It will also assist businesses “to leverage the multidisciplinary professional services of Deloitte” by utilizing Bitcoin financial and technology products and services provided by NYDIG.
“We believe this alliance with NYDIG will further drive business growth and is another hallmark of the extensive investment Deloitte is making in enabling digital asset innovation,” says Richard Rosenthal, Deloitte’s digital assets banking regulatory practice lead and principal.