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Allied Payment Network Partners With NYDIG To Put Bitcoin On Their Balance Sheet

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 it 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.

- 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.

Originally published at https://thecryptobasic.com on July 6, 2021.

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The Crypto Basic

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The Crypto Basic is focused on covering the most important topics of Cryptocurrency https://thecryptobasic.com/

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