$ 100 million in Digital Asset Treasury to invest in Treasure Global Bitcoin and Ethereum

Treasure Global Inc., a US -based technology company that focuses on developing consumer intelligence products. (NASDAQ: TGL) announced that it announced a $ 100 million digital asset financial strategy. The company intends to increase the adoption of digital assets led by Bitcoin (BTC) and Ethereum (Ethereum) against macro economic uncertainty.

According to this announcement, the digital asset financial strategy was supported by two capital sources. There, $ 50 million was caused by existing stock financial contracts and new institutional promises. Treasure Global will add regulated stablecoin in addition to purchasing BTC and ETH for financial management.

“This financial strategy is an intentional stage of adjusting capital deployment with infrastructure and platform utility. We integrate blockchain native assets into the loan conjugation and include real -time data intelligence in consumer platforms to create high -end revenue and build high -quality capital efficiency designed for long -term capital efficiency. there is.

The effect of Treasure Global on Bitcoin and Ethereum

The adoption of Treasure Global’s Bitcoin and Ethereum matches the adoption of the mainstream of the digital assets of institutional investors. As mentioned by Coinpedia in the past, more companies, which are currently 339 million BTCs, have followed the strategy and the footsteps of Japan’s metapla net.

The remarkable improvement of the US encryption regulatory framework promotes the adoption of the mainstream of the encryption assets of institutional investors. Wednesday, Bloomberg reported that JPMORGAN plans to allow wealthy customers to use their encryption assets to receive loans.

Ultimately, as demand for digital assets increases, it will cause more supply -to -demand shock and start a major parabolic rally as soon as possible.