NYDIG, a Bitcoin company that is licensed and regulated, has entered A multi-year partnership was formed with the American baseball team, The New York Yankees. This partnership will bring Bitcoin Savings Plan to all employees.
New York Yankees employees can now benefit from the BSP. This is a workplace benefit that allows staff members to convert a portion their paycheck to Bitcoin through the NYDIG platform. Subscribers will be able to easily access the digital currency ecosystem through this service, which is protected by strict regulatory standards.
“For employees of the Yankees and beyond, the opportunity to allocate a small slice of their paycheck to a Bitcoin Savings Plan can be one of the most efficient ways to save bitcoin, and the dollar-cost averaging can smooth out the bumps along the way. Kelly Brewster (chief marketing officer at NYDIG), said that the Yankees understand the benefits and competitive advantages of offering bitcoin options to their employees.
NYDIG’s in-house research has revealed that employees increasingly want products to help them invest in Bitcoin. Subscriptions to its extension to Yankees won’t be charged any fees even for the storage and transfer of digital assets.
NYDIG is clearly pushing the limits when it comes to providing related products to franchises and sports outfits. As reported earlier by Blockchain.News, NYDIG teamed also partnered with NBA team Houston Rockets, offering the organization’s employees a reliable avenue to get involved with crypto.
NYDIG is especially driving partnerships among institutional investors. According to its projections, NYDIG expects its Assets Under Management for institutional investors (AUM), to reach $25 billion. This is because many corporate buyers are turning to the firm to fulfill their BTC investment needs.