Bitcoin Bonuses Expand as Fold Brings Payroll-Linked Rewards to Employers
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Bitcoin Bonuses Expand as Fold Brings Payroll-Linked Rewards to Employers
"The Bitcoin Bonus Program is the first offering from Fold Business, a first of its kind, B2B bitcoin financial platform that extends Fold's best-in-class bitcoin financial tools to businesses and their employees."
"We launched our Bitcoin Bonus Program because we saw a gap that no one was filling, said Will Reeves, CEO and co-founder of Fold."
"Its Fold Business platform enables companies to issue recurring bitcoin bonuses while the service handles automatic conversion, custody, and vesting."
"That strategy positions bitcoin as a compensation and retention mechanism, using employers to bring bitcoin into familiar payroll-linked systems."
Fold Holdings Inc. introduced the Bitcoin Bonus Program, allowing employers to provide recurring bitcoin bonuses linked to payroll. Companies can set bonus amounts in U.S. dollars, with the platform managing conversion to bitcoin. This initiative is part of Fold Business, a B2B bitcoin financial platform aimed at integrating bitcoin into workplace systems. The program positions bitcoin as a compensation tool, enhancing employee retention and promoting everyday bitcoin adoption through familiar payroll processes.
Read at news.bitcoin.com
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