Q2 launches Bitcoin trading solution powered by NYDIG

TBA endorsed partner, Q2, and NYDIG, a leading bitcoin company, announced that financial institutions can now enable accountholders to buy, sell and hold bitcoin seamlessly and securely with the integration of NYDIG into the Q2 Digital Banking Platform. Leveraging Q2’s Innovation Studio, financial institutions can now provide bitcoin services to their customers, while helping to overcome barriers such as wallets and key management.

NYDIG’s full-stack Bitcoin platform is built to the highest security, regulatory and operational standards. It will allow accountholders to view their current bitcoin balance alongside their traditional banking accounts. By leveraging NYDIG’s Bitcoin platform, Q2’s financial institution clients will be able to provide their account holders with integrated bitcoin services and further drive end-user acquisition, retention and engagement while increasing fee revenue opportunities.

“This is a game changer for financial institutions in the U.S.,” said Jonathan Price, Q2’s executive vice president, Emerging Businesses, Corporate & Business Development. “Built on the Q2 Innovation Studio, this new Q2-NYDIG offering gives financial institutions the choice to offer bitcoin to their end users, while taking into account the regulatory and security requirements needed to enable banks to securely step into the bitcoin arena and meet growing consumer demand.”