The traditional financial system is in decline, says the company.
It promises to be “a pure bitcoiner company, without business of the traditional financial system.”
Bitbridge Capital Strategies, a company focused on the accumulation and management of Bitcoin (BTC) as a strategic asset, made a fusion with Green Mountain Merger Inc., a company dedicated to the production and distribution of drinks.
Thanks to this alliance, Bitbridge will be in a position to start quoting in extraburstile markets OTC (will do it with the BTTL ticket) and have plans to reach Nasdaq.
In addition, Bitbridge will launch Bitcoin respect Loan, a loan product collateralized by BTC. Loans will offer interest rates comparable to conventional mortgages, deadlines of several years and generate income for the company.
Paul Jaber, executive director of Bitbridge, said the program It will allow borrowers to achieve long -term objectives without sacrificing their Bitcoin holdings for abusive conditions. “Our strategy combines the accumulation of Bitcoin with innovative loans to connect the declining traditional financial system with a growing Bitcoin standard,” said Jaber.
If I arrived at Nasdaq, Bitbridge would join an increasing group of public companies that make up Bitcoin in their treasury, inspired by Strategy, which has 628,791 BTC, as cryptootics reported.
Unlike other firms, Bitbridge is presented as an entity exclusively focused on the bitcoin ecosystem, without inherited operations of the traditional financial system, which reinforces its commitment to the expansion of this currency as strategic assets.
