Swedish digital commerce company Refine Group establishes digital asset business and implements Bitcoin reserve strategy
2025/07/16 16:36
PANews reported on July 16 that Swedish digital commerce company Refine Group announced the establishment of a digital asset business and implemented a Bitcoin reserve strategy to include Bitcoin in its balance sheet. To support its initial investment and strengthen its financial position, the company raised 10 million Swedish kronor through a private placement, which diluted its equity by about 45%. The largest investor, João Caldas, became a new shareholder and plans to nominate him as a member of the board of directors. The CEO said that Bitcoin's scarcity and liquidity will help the company innovate and collaborate.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Web3 fantasy football game Football.Fun raises $2 million
PANews reported on July 18 that according to official news, the Web3 fantasy football game Football.Fun announced the completion of US$2 million in financing, led by 6th Man Ventures (6MV),
Share
PANews2025/07/18 17:00
AI project Sapien establishes foundation and reveals native token name $SAPIEN
PANews reported on July 18 that AI data collection company Sapien announced the establishment of the non-profit entity Sapien Foundation, which is responsible for maintaining the development of the ecosystem
Share
PANews2025/07/18 16:42
US House of Representatives approved three strategic bills — GENIUS, CLARITY, and Anti-CBDC
In the US, the House of Representatives has officially passed three strategic cryptocurrency bills at once: In particular, the GENIUS Act, which creates a regulatory framework for stablecoins in the United States, was supported by 308 congressmen, 122 were against, while 102 Democrats voted in favor. According to Fox Business journalist Eleanor Terrett, the document […] Сообщение US House of Representatives approved three strategic bills — GENIUS, CLARITY, and Anti-CBDC появились сначала на INCRYPTED .
Share
Incrypted2025/07/18 16:44