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NYDIG Partners With New York Yankees

Mushu Butt by Mushu Butt
July 14, 2022 - 8:06 pm
in bitcoin news, adoption news
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A renowned firm in the Bitcoin industry, NYDIG, made the announcement today that it has entered into a multi-year relationship with the New York Yankees to become the exclusive Bitcoin Payroll Platform for the team. By granting personnel of the Yankees organization access to NYDIG’s Bitcoin Savings Plan (BSP), the arrangement brings together the most recognizable sports club in the world with the most reputable name in the cryptocurrency space.

BSP is a benefit offered at employment that enables workers to transform a percentage of income into BTC through the NYDIG platform. Employees who take part in an NYDIG Bitcoin Savings Plan that is provided by a participating employer are exempt from paying any costs associated with either the processing of Bitcoin transactions or the storing of BTC. Today, hundreds of industry leaders offer a Bitcoin Savings Plan as an employee perk to recruit and retain top employees.

According to Kelly Brewster, chief marketing officer at NYDIG, “We’re proud to partner with our hometown team and an iconic sports franchise, the Yankees, to further our mission of bringing Bitcoin to all. NYDIG is committed to helping our clients realize the full potential of Bitcoin while providing the service and standards that have made our name synonymous with trust.” 

Rising Trend Of Payrolls In Bitcoin

According to research conducted by NYDIG, 36% of employees under the age of 30 have indicated that they would be keen in dedicating some of their income to BTC. Nearly one-third of these employees stated that if they had to choose between two similar jobs with different companies, they would select the one that paid in BTC. The Bitcoin platform offered by NYDIG adheres to the highest possible regulation, functional, and administrative standards in its creation. It is utilized by enterprises and organizations of all sizes, from the smallest to the largest.

The possibility for employees of the Yankees and beyond to dedicate a tiny portion of their paychecks to a Bitcoin Savings Plan has the potential to be one of the most effective ways to save BTC, and the dollar-cost averaging can help smooth out the bumps along the road. Fans applaud the Yankees for recognizing the competitive advantages and usefulness of offering BTC alternatives for their enterprise.

According to Aryn Sobo, Yankees Vice President, Human Resources, Employment & Labor Law, “We are always looking for innovative ways to expand and improve our employee experience. “NYDIG made it easy to add Bitcoin to our roster of benefits, and we look forward to leveraging the NYDIG platform to offer this opportunity to our employees.”

The Bitcoin-Powered Future With NYDIG

NYDIG is a Bitcoin firm that enables a more equitable economic structure. Its full-stack Bitcoin platform is designed with the greatest security, regulatory, and standard operating procedures, and it provides technological and financial solutions to businesses in a wide variety of industries. NYDIG is the doorway to a brand-new era of financial products that simplify BTC and make it much more accessible to everyone. With NYDIG, the future of BTC and the overall crypto space appears to be bright and ever-evolving.

Tags: AdoptionBitcoinBTCCryptoCryptocurrencyNYDIG
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Mushu Butt

Mushu Butt

Mushu Butt is an experienced freelance content writer. His focus is primarily on blockchain technology and cryptocurrency. One might even refer to him as a "blockchain enthusiast." He has been following advancements in the crypto and blockchain area for several years, researching and writing his insights in the media.In addition to being a skilled content writer, Mushu is also knowledgeable in SEO and digital marketing. He aspires to succeed as a content creator in the digital realm, dealing with customers in the finance and tech industries to generate traffic through engaging taglines and content. Mushu enjoys traveling, reading, and playing cricket when he is not writing. He now works as a news and article writer for Blockchainreporter.

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