Norwegian Block Exchange Becomes the First Public Company in Norway to Hold Bitcoin (BTC) as Official Treasury Reserve
JH Kim
Summary
- Norwegian Block Exchange announced that it has become the first public company in the country to officially hold Bitcoin (BTC) as its treasury reserve.
- NBX designated BTC as its long-term strategic asset, stating it will enhance trust and transparency in digital assets.
- This move is said to expand the connection between the traditional financial market and the digital asset industry in Norway.
According to Bitcoin Magazine, a digital asset (cryptocurrency) specialist media outlet, on the 2nd (local time), Norwegian Block Exchange (Norwegian Block Exchange, NBX) became the first listed company in the country to officially hold Bitcoin (BTC) as a treasury reserve asset.
Through this announcement, NBX specified BTC as the company's long-term strategic asset and stated its aim to enhance trust and transparency regarding digital assets.
This move is interpreted as expanding the connection between the traditional financial market and the digital asset industry in Norway.
Meanwhile, as of 01:10 on the 3rd, BTC is trading at $104,345.55 in the Binance USD (USDT) market, down 0.71% from the previous day.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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