Bitcoin trade fee nearing $ 280,000 quickly? BTC Halving is coming

by Patricia Lin
Bitcoin exchange rate nearing $ 280,000 soon? BTC Halving is coming

Zug, Switzerland; May 8, 2020 – Bitcoin Suisse, the main Swiss supplier of crypto-financial providers, pronounces its Series-A financing spherical and thus the primary capital improve.

  • – Bitcoin Suisse Announces Series-A Funding Round
  • – CHF 20 million have already been pledged – elevating capital will proceed till mid-June
  • – Roger Studer, famend Swiss banker, and the Studer Family Office are lead traders of Series-A

A complete of 20% of BTCS Holding AG shares (holding firm of all Bitcoin Suisse subsidiaries with all voting and dividend entitlements) are supposed for certified, accredited {and professional} traders for a pre-money valuation of CHF 275 million can be found for buy. The funds raised will improve the corporate's present fairness of CHF 54 million, additional accelerating the corporate's potential for worthwhile progress and its cross-border licensing efforts. The Series-A has already been a part of the “Friends & Family” program CHF 20 million drawn.

The Series-A runs from May 11 to mid-June 2020 and is open to certified, accredited {and professional} traders with a minimal funding of CHF 250,000.

Bitcoin Suisse wins well-known traders

Bitcoin Suisse can also be proud to have received the famend Swiss banker Roger Studer and the Studer Family Office within the early “Friends and Family” section in April.

Roger Studer from the Studer Family Office explains:

Bitcoin Suisse has a top quality providing based mostly on a confirmed and stable business with the newest expertise. Bitcoin Suisse has additionally established itself because the market chief with a concentrate on speedy progress within the Swiss crypto-financial space. For these causes, the Studer Family Office is happy to be collaborating within the Series-A.

The CEO of Bitcoin Suisse, Dr. Arthur Vayloyan says:

When Bitcoin Suisse is reworked right into a Swiss financial institution, the corporate's fairness capital of over CHF 100 million will guarantee a robust and worthwhile stability sheet. The Series-A paves the way in which for even quicker and extra worthwhile progress for Bitcoin Suisse. It is the suitable step for the corporate and it is a superb alternative for traders to participate on this extraordinary journey ”.

The founder and president of Bitcoin Suisse, Niklas Nikolajsen, continues:

Bitcoin Suisse is my life's work, and this Series-A is our first capital elevating ever. With the CHF 54 million in firm capital that we’ve got constructed up over a few years via retained earnings, we’ve got already come a good distance. However, if we glance forward, we could run into limits when it comes to our tempo of progress. We are seeing growing demand for secured loans, liquidity provision – and an ever-increasing have to safe our on-balance sheet buyer deposits with Swiss financial institution ensures. With the Series-A and raised capital, we can proceed our exponential progress and develop with cross-border licenses.

The Bitcoin Suisse Series-A Will be accomplished in mid-June 2020.

For questions relating to Bitcoin Suisse Series-A: Investors: Rolf Gätzi (CFO) +41 79 446 58 32 (e mail protected)

About the Bitcoin Suisse

Bitcoin Suisse was based in 2013 and pioneered cryptographic monetary providers. It has formed the crypto and blockchain look in Switzerland and was a driving power within the improvement of the “Crypto Valley” and the “Crypto Nation Switzerland”. As a regulated Swiss monetary middleman, which has been licensed as a Swiss financial institution since October 2019, Bitcoin Suisse has developed right into a market chief within the areas of buying and selling, funding banking, custody, lending, tokenization and different crypto-financial providers that meet the wants of personal, institutional and company clients. Bitcoin Suisse has constructed a crew of 145 extremely certified specialists at its areas in Switzerland (Zug), Denmark (Copenhagen) and Liechtenstein (Vaduz).

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