Bitcoin Financial Services Firm Fold Launches Employee Bitcoin Rewards Program for Employers

Gate News message, April 23 — Bitcoin financial services company Fold has announced the launch of an employee bitcoin rewards program for employers, allowing companies to distribute regular bitcoin rewards with built-in vesting mechanisms without modifying payroll systems or assuming custody or compliance responsibilities. Fold handles bitcoin transfers, custody management, and vesting administration.

Steak 'n Shake has already partnered with Fold to enable employees to earn bitcoin as part of their compensation. Bitcoin mining custody company Simple Mining is also utilizing the rewards program, distributing bitcoin rewards to employees on a regular basis based on tenure.