Bitcoin
Indiana’s Star Bank Launches Bitcoin Trading Services.
Star Financial Bank, (Star Bank), has announced that it is the first bank in Indiana to offer Bitcoin services to its customers. These services will be provided by the New York Digital Investment Group (NYDIGG) and Alkami platform. Customers will be able to purchase and sell bitcoins via the Star Mobile Banking App.
‘First Bank in the State of Indiana to Offer Bitcoin Trading Services’
Star Financial Bank, (Star Bank), announced Tuesday:
Star is excited to offer customers the ability to buy and sell bitcoin via the Star Mobile Banking App.
” We’re launching this offering as a closed beta,” said the bank.
Star Bank, a community bank based in Indiana, is Star Bank. Star Financial Group is its parent company. It has $2. 80 billion in assets with 36 locations in central and northeast Indiana, according to its website.
The New York Digital Investment Group provides bitcoin services via Alkami. Alkami is a cloud-based, digital banking solution provider for U.S banks and credit unions. NYDIG, Stone Ridge Asset Management’s bitcoin investment arm, is NYDIG.
According to Star Bank’s announcement:
Star Bank is the first bank in the state of Indiana to offer bitcoin trading services to customers.
Customers of banks will be able to acquire, sell, hold and manage bitcoin along with traditional assets, according to the announcement details.
Alkami’s founder and chief strategy and sales officer, Stephen Bohanon, explained that his company “helps financial institutions achieve digital banking success by delivering the most advanced cloud-based digital banking platform on the market.” He opined: “Early technology adopters appreciate the importance of embracing bitcoin opportunities.”
What do you think about Star Bank offering bitcoin trading services? Please leave your comments below.
Image Credits: Shutterstock, Pixabay, Wiki Commons
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