Express
NASDAQ-listed Swedish company Hilbert Group secures $21 million in funding to support cryptocurrency reserve strategy
Summary: According to reports, NASDAQ-listed Swedish company Hilbert Group has disclosed that it has secured over 200 million Swedish Krona (approximately $21 million) in long-term funding from a US institutional partner. This funding will be used in part to support its previously announced cryptocurrency reserve strategy, aiming to capitalize on the growing trend of institutional adoption ...
According to reports, NASDAQ-listed Swedish company Hilbert Group has disclosed that it has secured over 200 million Swedish Krona (approximately $21 million) in long-term funding from a US institutional partner. This funding will be used in part to support its previously announced cryptocurrency reserve strategy, aiming to capitalize on the growing trend of institutional adoption of Bitcoin, particularly among publicly listed companies in Europe. Hilbert Group will launch a dedicated transparency dashboard providing real-time visibility into cryptocurrency holdings, combined with active asset management, strict compliance, and transparent reporting. CEO Barnali Biswal stated that this funding is a significant milestone in executing their strategic plan, reflecting the market's recognition of Hilbert's capabilities as a regulated publicly listed company in the European digital asset space.
Tags:
Link: NASDAQ-listed Swedish company Hilbert Group secures $21 million in funding to support cryptocurrency reserve strategy [Copy]
