menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Canadian F...
source image

Coindoo

1w

read

357

img
dot

Image Credit: Coindoo

Canadian Fintech Charts Bold Bitcoin Path for Corporate Treasury

  • Canadian fintech company, Mogo, is making a bold move by incorporating Bitcoin into its corporate treasury strategy.
  • The decision involves funding the move through available cash, asset liquidations, and proceeds from selling its stake in WonderFi to Robinhood.
  • Mogo plans to use Bitcoin as a performance benchmark across its business operations, requiring investments to outperform Bitcoin's long-term return expectations.
  • The company aims to deepen its integration of Bitcoin, offering BTC-collateralized loans, blending equities and crypto in portfolios, and exploring stablecoin infrastructure for cross-border payments.

Read Full Article

like

21 Likes

For uninterrupted reading, download the app