Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
BitBridge Transforms into Bitcoin Reserve Company, Plans to Launch Bitcoin-Based Loan Products
a day ago

According to Odaily Planet Daily, BitBridge Capital Strategies will begin trading under the ticker symbol BTTL at the end of the third quarter of this year, with plans to list on the Nasdaq in the future. The company announced its transformation into a financial institution focused on Bitcoin reserves, with the goal of expanding the Bitcoin economy, building a strategic Bitcoin reserve, and thereby driving long-term shareholder value.

In addition, BitBridge plans to launch a Bitcoin loan product called Respect Loan, aiming to reshape how the traditional financial system treats Bitcoin-collateralized assets. According to reports, this loan product offers lower interest rates, longer maturities, and the potential to generate sustained annual revenue for the company. (The Block)