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Falconedge Bets on BTC to Become Institutional Financial Cornerstone in Next Decade, Plans to Build Bitcoin Treasury with IPO Proceeds

Summary: According to reports from financefeeds, Falconedge, a new hedge fund advisory firm spun off from UK hedge fund Falcon Investment Management, has completed pre-IPO financing and plans to implement a bold Bitcoin treasury strategy, using almost all upcoming IPO proceeds to build a Bitcoin treasury. Falconedge CEO Roy Kashi stated that by adopting Bitcoin as ...

According to reports from financefeeds, Falconedge, a new hedge fund advisory firm spun off from UK hedge fund Falcon Investment Management, has completed pre-IPO financing and plans to implement a bold Bitcoin treasury strategy, using almost all upcoming IPO proceeds to build a Bitcoin treasury. Falconedge CEO Roy Kashi stated that by adopting Bitcoin as the company's primary reserve asset, Falconedge is betting on BTC to become the cornerstone of institutional finance in the next decade. Falconedge's IPO is expected in September.

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Link: Falconedge Bets on BTC to Become Institutional Financial Cornerstone in Next Decade, Plans to Build Bitcoin Treasury with IPO Proceeds [Copy]

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