“The potential of bitcoin as collateral is evident”: Towerbank executive

  • “This asset is consolidated as a reserve of value,” highlights Gabriel Campa.

  • Towerbank is one of the main sponsors of LABITCONF in Argentina.

Within the framework of LABITCONF, an event about Bitcoin in Argentina that celebrates its thirteenth annual edition from November 7 to 8, the main sponsors expressed their impressions about the asset behind all this in a statement sent to CriptoNoticias.

Among them, Gabriel Campa spoke, head of digital assets at Towerbank, a Panama bank founded more than 50 years ago, who already has participated in several editions of the meeting in Argentina on bitcoin.

“As this asset consolidates itself as a store of value for people, companies and even governments, its potential as collateral within the financial system becomes increasingly evident,” said the Towerbank manager.

Photo by Gabriel Campa, head of virtual assets at Towerbank
According to Gabriel Campa, it is key for the bank to be part of and support the cryptocurrency community. Fountain: Towerbank.

The banker added in this regard: “We see how more and more companies are beginning to build treasuries in Bitcoin, a trend that opens the door to new corporate financing models and more efficient management of digital capital.”

“Our focus is to accompany this evolution, creating tools that facilitate that bridge between traditional finance and the new crypto ecosystem,” commented the Towerbank representative.

Bitcoin gains investment to preserve the value of money

From Ikigii, the bank’s cryptocurrency and dollar wallet, they indicated about the growing incorporation of bitcoin in company treasuries: “It is no longer about speculating, but about preserving value.”

Factors such as the fact that bitcoin has a limited amount of mining, through halving, make it easier for its price to rise due to demand. This attracts investors looking for a scarce asset away from fiat money like the dollar that can be devalued due to its issuance without a limit.

In tune, Astrit Halili, head of public relations of the Bitunixel exchange, distinguished that bitcoin went from being seen as “internet money” to being consolidated as “digital gold.” “Institutional and regulatory support marks a turning point,” he explained.

Cryptocurrency industry in Latin America unites to grow

From CoinEx/ViaBTC LATAM, they stressed that spot exchange-traded funds (ETFs) in the market and the regulation of stablecoins They are signs of maturity. «We are building a more integrated and resilient market. Latin America, with its energy diversity and talent, is key in this evolution,” they noted.

The company also highlighted the growth of mining in Latin America and the proliferation of tokenized assets, from stocks to fixed income, which show the arrival of a new stage of integration between traditional finance (TradFi) and blockchain.

For its part, from the BingX cryptocurrency exchange, They highlighted pillars such as collaboration to consolidate a sustainable industry in Latin America. Pablo Monti, brand manager For the region, he indicated that participating in the event is “sharing perspectives and strengthening ties with a community that not only innovates, but educates and builds.”

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