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In a new partnership, regional bank and financial services company First Foundation announced a strategic investment in institutional bitcoin solutions provider NYDIG with the goal of providing its clients access to BTC.

The specific terms of the partnership were not disclosed.

“The two companies … announced a strategic partnership that will allow First Foundation and NYDIG to collaborate on connecting the infrastructure and technologies necessary to provide First Foundation clients with efficient and secure access to Bitcoin-related financial products and services within the traditional banking network,” per the press release.

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