In a recently published press release, digital payments provider Allied Payment Network has signed a partnership with NYDIG.
The Allied Payment Network, the industry’s most innovative provider of online and mobile digital payments for financial institutions, today announced a partnership with NYDIG, a leading Bitcoin technology and finance firm. The partnership allows financial institutions to offer their customers the ability to buy, sell and store bitcoins.
Alongside this partnership, Allied announced that they will allocate bitcoin for its corporate treasury, with the assistance of NYDIG.
Popular Twitter Influencer with 1 million followers, Pomp writes:
“BREAKING: Allied Payment Network, a digital payment provider, has announced they will put bitcoin on their balance sheet.
Bitcoin is inevitable.”
BREAKING: Allied Payment Network, a digital payment provider, has announced they will put bitcoin on their balance sheet.
Bitcoin is inevitable.
— Pomp ? (@APompliano) July 6, 2021
The Allied payment network intends to buy bitcoin and store it in its corporate treasury with the assistance of NYDIG. Thus, the company will become the first-ever payment provider to integrate bitcoin into its platform and allow financial institutions to offer it to their customers.
NYDIG provides BTC technology and financial services to banks, corporations and other financial institutions.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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