Second quarter banking platform enables over 18 million users to buy, sell and hold Bitcoin – News Bitcoin News
The second quarter digital banking platform, which currently powers nearly 30% of the top 100 banks in the US, will enable more than 18.3 million registered users to buy, sell and hold bitcoin.
- Q2 Holdings Inc. (NYSE: QTWO) provides digital banking and credit solutions for banks, credit unions, alternative finance, and fintech companies worldwide.
- According to the company, the second-quarter digital banking platform currently powers nearly 30% of the top 100 banks in the United States
- Q2 announced on Wednesday that it will partner with New York Digital Investment Group (NYDIG) “to offer integrated bitcoin solutions to financial institutions through Q2’s digital banking platform.”
- The announcement states:
They will work together to provide the more than 18.3 million registered users on the Q2 platform with the ability to buy, sell and hold Bitcoin.
- NYDIG is a leading technology and financial services company dedicated to Bitcoin. It’s a subsidiary of Stone Ridge, a $ 10 billion alternative wealth manager.
- Q2 will leverage NYDIG’s “secure, regulated, full-stack bitcoin platform” to enable its financial institution customers to “offer integrated bitcoin services to their customers, and continue to drive end-user acquisition, retention and retention while enabling opportunities for Increase Fee Income ”, the announcement details.
What do you think of Q2, which offers buy, sell and hold Bitcoin on its banking platform? Let us know in the comments section below.
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