U.K.-based crypto firm BCB Group is looking to give companies with a method to place Bitcoin on their annual report by introducing a devoted treasury.
BCB Group, a global digital economic solutions company, is intending to aid firms browse cryptocurrencies like Bitcoin (BTC) by introducing a devoted service.
According to a Feb. 19 statement, BCB Team has introduced BCB Treasury, a new solution designed for corporate treasury divisions looking for to obtain associated with Bitcoin à la Tesla.
The brand-new solution intends to supply a certain service enabling access to treasury management for business ready to spend their capital right into Bitcoin as well as various other digital properties. With BCB Treasury, execs can get in, hold, manage, as well as report on a Bitcoin-focused treasury technique, the news states.
BCB Group founder and also Chief Executive Officer Oliver von Landsberg-Sadie claimed that the launch of BCB Treasury can be found in reaction to growing need activated by the current Bitcoin steps of business like MicroStrategy and also Tesla. The director stated that lots of companies are seeking to invest in crypto to hedge against weak fiat money:
” We are seeing some powerful signals drawing in firms to the digital asset space including the misusage of reserve money with unprecedented levels of central bank money supply.”
In 2015, BCB Team’s core company BCB Payments got governing approval from the UK’s Financial Conduct Authority.
Headquartered in London, BCB Team is a major European crypto payment providers, offering several of the world’s biggest crypto firms like Coinbase, Gemini, Galaxy Digital, Bitstamp and Sea serpent. In very early February, the firm designated former Coinbase UK Chief Executive Officer Zeeshan Feroz as an expert.