Indeed, the founder of BTCS is pondering an IPO and a partnership as he hinted: Regarding the partnership, one of two major participants in the banking and cryptocurrency finance fields, according to Nikolajsen, may collaborate with the company soon.
Bitcoin Suisse aims to onboard more staff
Elsewhere the company, which already has 270 employees, plans to increase its workforce Nikolajsen confirmed: In addition, as per Nikolajsen, capital raising is also in the works, but it is unclear if this will be accomplished via a financing round, a private placement, credit, or a combination of the aforementioned possibilities. In the past, the business has attracted a large number of investors. He added:
Tokenized shares in the future
In accordance with the Facebook post, Bitcoin Suisse intends to tokenize its shares in the near future and has just amended its statutes to do so. The news comes after the Swiss broker reported a good first half of the year, which trading commissions and fees fueled. Finally, the firm experienced a management shake-up last month, with key roles in the company’s legal, compliance, and risk procedures being replaced. This occurred after the start-up withdrew its application for a banking license with Swiss financial regulator Finma, citing the regulator’s worries that the company was not doing enough to combat money laundering. Its worth mentioning that Bitcoin Suisse and others have demonstrated increasing interest in cryptocurrency businesses going public, such as Coinbase, in April. Coinbase’s market capitalization surpassed $100 billion after its initial public offering on the Nasdaq, although the stock fell later. [coinbase]
