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
The US crypto framework bill stalls as the Democratic proposal sparks strong industry opposition
Eugene: The market is at "hell difficulty," major trades are not recommended at this time.
Citi maintains its year-end forecasts of $133,000 for BTC and $4,500 for ETH.
IMF says Trump's trade war may drag down global output
Trending news
MoreCrypto prices
More
