AMBTS, a subsidiary of Dutch company Amdax, has raised 30 million euros to purchase bitcoin.
ChainCatcher reported that Dutch cryptocurrency company Amdax announced on Tuesday its plan to launch a bitcoin reserve company called AMBTS on the Dutch exchange, and has currently raised 30 million euros (approximately 35 million US dollars) in funding.
Amdax stated that the completion of the first round of financing for AMBTS means the company is ready to initiate its bitcoin purchasing plan.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: 2,000 ETH transferred from BitKan to an exchange, worth approximately $6.3171 million
American Bitcoin increases holdings by 261 BTC, total now reaches 5,044 BTC
VISA launches stablecoin consulting services to keep up with the crypto wave
Data: CoinShares: Digital asset investment products saw net inflows of $864 million last week
Trending news
MoreCrypto prices
More
