A new framework now exists between the NYDIG and the New York Yankees. Payroll members of the latter can convert what remains of their after-tax income into Bitcoin.
An investment trust, New York Digital Investment Group LLC (NYDIG) has just signed a long-term contract with the New York Yankees, to enable the team’s participants and staff, in converting a part of their monthly pay cheque into Bitcoin, after statutory tax deductions. The success of such an initiative was viewed with joy by NYDIG’s CMO, Kelly Brewster. He terms it as “…our Bitcoin Savings Plan…” and believes it will be possible for their employees to apportion a certain amount of their income to Bitcoin.
New York City is home to both NYDIG and licensed agency, New York Yankees and Brewster consider that this is a smart move that will “…further our mission of bringing BTC to all.”
For customers with a deep interest in Bitcoin investment, the CMO would want them to see this as an opportunity to achieve what they have always desired. The savings program that the company advertises, is available to any organization that is interested in it. The beautiful angle to all these is that customers would not be charged any transacting fee by NYDIG.
NYDIG is a junior outlet for the parent body, Stone Ridge Holdings Group. While it handles the Bitcoin aspect, Stone Ridge Holdings Group is a major player in asset management generally. It provides a variety of packages to assist companies and business establishments.