Summary: Q2 Holdings, a bank and loan digital transformation solution provider, and Bitcoin finance and technology company NYDIG announced on Friday that Five Star Bank (New York) and UNIFY Financial Credit Union became the first US financial institutions to allow customers and members to buy, sell and hold Bitcoin, supported by NYDIG.  Banks and UNIFY can now provide Bitcoin ...

Q2 Holdings, a bank and loan digital transformation solution provider, and Bitcoin finance and technology company NYDIG announced on Friday that Five Star Bank (New York) and UNIFY Financial Credit Union became the first US financial institutions to allow customers and members to buy, sell and hold Bitcoin, supported by NYDIG. 

Banks and UNIFY can now provide Bitcoin services to their customers and members without going through a cryptocurrency exchange while helping to overcome barriers such as wallet and key management. 

Five Star Bank is a state bank with approximately 50 branches in western New York. UNIFY is headquartered in California, has approximately 50 branches across the United States and more than 250,000 members.

By Mary Liu