This timely development, strategically aligned with market demand and evolving regulatory standards, positions SIMON to launch a framework and workflow for wealth managers to access digital assets with curated educational curricula, tracking, and product controls.
“As market demand grows for clarity around Bitcoin, advisors will play an increasingly critical role in helping clients invest safely, and delivering the regulatory mechanisms to make that possible is the first step,” said Robert Gutmann, co-founder and CEO of NYDIG. “Our partnership with SIMON will give many advisors new access to bitcoin for the first time—making it safe and seamless for them to fold bitcoin into alternative asset allocations with SIMON’s best-in-class, holistic wealth management experience.”