Collaboration to support financial institutions in their compliant, strategic integration of bitcoin
Wipfli LLP, a top 20 accounting and consulting firm, and NYDIG, a leading bitcoin company, announced the addition of Wipfli to NYDIG’s Preferred Partner Program. The two companies signed an agreement that will enable Wipfli to serve as a preferred resource for clients seeking a compliant, industry-focused technology strategy as they explore and implement services for bitcoin programs.
The collaboration bolsters Wipfli’s ability to serve as a trusted advisor for organizations as they seek to understand and engage with the rapidly evolving world of digital assets. Wipfli will work closely with NYDIG to provide institutions with solutions that enable them to meet growing customer demand for bitcoin services while maintaining regulatory integrity and confidence in their overall operations.
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Wipfli, NYDIG collaboration to support financial institutions in their compliant, strategic integration of bitcoin
“This arrangement is a testament to our belief in providing clients with solutions that will serve them not just today or tomorrow but well into the future, and we couldn’t feel more confident about the promise of that future with NYDIG,” said Anna Kooi, National Financial Services Industry Leader at Wipfli. “Their ability to see around corners is invaluable in navigating what is a rapidly evolving landscape, and we’re excited for institutions to benefit from our collaborative expertise.”
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“A clear understanding of the regulatory landscape is critical to a financial institution’s success,” said Patrick Sells, Chief Innovation Officer at NYDIG. “Wipfli’s deep industry expertise and drive to stay on the cutting edge will help to ensure that organizations can confidently continue to expand access to bitcoin and the opportunities it presents, and we look forward to working closely with Wipfli to help institutions grow.”
About 16% of the U.S. population holds or has held cryptocurrencies, according to Pew Research Center, and a recently released State of Community Banking Report by Wipfli showed that 29% of community banks were likely to extremely likely to add cryptocurrency as a service in the next 12-18 months.
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