Deloitte and NYDIG Partners to Broaden Access to Bitcoin

Deloitte, one of the world’s most renowned professional services organizations, and Bitcoin service firm, NYDIG have formed an alliance to facilitate the promotion of Bitcoin for all companies. As announced by Deloitte, the new alliance will help companies interested in integrating Bitcoin services to do so in a very convenient manner.

Per the announcement, the duo of Deloitte and NYDIG will work together to facilitate blockchain and digital assets practice across multiple areas involving bitcoin products, such as banking, consumer loyalty, rewards programs, employee benefits, and more.

The alliance will be so beneficial to companies that are harnessing its offerings to get into the digital currency ecosystem. While they will be exposed to the secure blockchain infrastructures of NYDIG, they will also be able to harness the multi-disciplinary professional services of Deloitte.

“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,” said Yan Zhao, president of NYDIG. “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.”

Getting Ready for the Future of Finance

Deloitte, like most Big 4 auditing firms understands the growing influence of digital currencies and how important they will be in the financial ecosystem in the near future. 

Based on this, many are already aligning their advisory services to capture this growing reality and help chart a path for those traditional companies and consumers who may want to be a part of this inevitable future.

“The future of financial services will center around the use of digital assets, and we are focused on advising our clients on ways to engage in a regulated and compliant way,” said Richard Rosenthal, Deloitte’s digital assets banking regulatory practice lead and principal, Deloitte & Touche LLP. “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.”