Essential Insights
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Launch of Bitcoin Exchange: Roxom is set to launch the first Bitcoin-denominated exchange for trading stocks, commodities, and crypto in September, focusing on Spot and Derivatives trading.
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Access to BTC Treasuries: The platform will allow users to invest in public companies that hold Bitcoin, all priced and settled directly in BTC, eliminating fiat currency and traditional brokerage barriers.
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Strategic Funding: Roxom secured $17.9 million in funding from prominent investors, underlining strong support for its vision of creating a Bitcoin-native financial ecosystem.
- Growing BTC Adoption: The demand for Bitcoin continues to rise, with significant purchases from companies like MicroStrategy and MetaPlanet, highlighting increasing institutional interest and the accumulation of over 859,000 BTC held by public firms.
Roxom to Launch an Exchange for BTC Treasury Company Stocks
Roxom is set to launch an innovative exchange later this year, focusing on Bitcoin-denominated trading. This platform will allow traders to speculate and hedge using Bitcoin for stocks, commodities, and other assets. Unlike traditional exchanges, Roxom promises a streamlined experience without the noise of fiat currency conversion.
The exchange will specifically cater to BTC Treasuries. Users can access public companies that hold significant amounts of Bitcoin, priced and settled directly in BTC. This unique offering removes the complexities associated with traditional finance, giving participants direct access to Bitcoin treasury stocks.
Roxom announced the launch on X, emphasizing its historical significance. Co-founder and CEO Borja Martel Seward stated, “The launch of our Bitcoin Treasuries Product is about architecting a Bitcoin-native financial future." He highlighted the ease of access to BTC assets without dealing with brokers or conversion hurdles.
The exchange aims to unify diverse assets into a single platform, reflecting the original vision of Bitcoin as a global, decentralized store of value. This approach aligns with ongoing market trends. Recently, public companies have intensified their Bitcoin acquisitions, with notable giants like MicroStrategy and MetaPlanet increasing their holdings.
The official launch is planned for September, but interested users can join a waitlist for early access. Roxom recently secured $17.9 million in funding from several prominent investors, underscoring strong confidence in its mission to reshape global markets with cryptocurrency.
Bitcoin’s performance has been notable lately, reaching record prices and attracting increased interest from institutional investors. Currently, 149 public companies collectively hold over 859,000 BTC, indicating robust momentum in the market.
Roxom’s exchange represents a pivotal development, potentially democratizing access to significant financial assets while reinforcing the role of Bitcoin in modern finance. As it prepares for its launch, many anticipate its impact on technology and investment strategies worldwide.
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This content is for informational and entertainment purposes only and does not constitute financial or investment advice. Cryptocurrency is highly speculative and carries significant risk, including the potential loss of your entire investment. Do not make financial decisions based on this information. Consult a licensed financial advisor before investing. This site does not offer, sell, or advise on cryptocurrency, securities or other regulated financial products in compliance with SEC and applicable laws. Please do your own research and seek professional advise.
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