BCB Group Launches Treasury Service to Help Corporations Navigate Digital Assets
London, 19 February 2021 – BCB Group, a global digital financial services firm, today announced the launch of BCB Treasury, a service designed for corporate treasury departments looking to get involved with digital assets.
As bitcoin price sentiment remains bullish and institutional interest picks up, corporations are beginning to understand that they need digital assets on their balance sheets. BCB Treasury provides a complete solution enabling access to treasury management for companies that wish to allocate part or all of their capital into bitcoin or other digital assets. BCB Treasury is an end-to-end service enabling treasury executives to enter, hold, manage, grow and report on a bitcoin-focused treasury strategy.
BCB Group Founder and CEO Oliver von Landsberg-Sadie commented: “We are seeing some powerful signals attracting companies to the digital asset space including the debasement of reserve currencies through unprecedented levels of central bank money supply. Some visionary CEOs, including MicroStrategy’s Michael Saylor and Tesla’s Elon Musk, are tuned into the coming-of-age of digital money and have led the way for the Bitcoin-treasury demand which BCB is well equipped to meet.”
BCB Group is Europe’s leading provider of business accounts and trading services for the digital asset economy. BCB provides accounts and payments processing for the world’s largest digital asset institutions including Bitstamp, Coinbase, Galaxy, and Kraken, in dozens of fiat and cryptocurrencies. BCB Group is the only dual regulated institution of its kind to offer clients a complete end-to-end suite of payment processing, cryptocurrency trading and custody services accessible through a unified API-enabled platform, allowing clients to access a complete range of digital asset services in one place.
BCB Group is Europe’s leading crypto-dedicated payment services provider, serving some of the industry’s largest clients including Bitstamp, Coinbase, Galaxy and Kraken. BCB Group provides payment services in 20+ currencies, FX, cryptocurrency liquidity and digital asset custody.
Responding to institutional demand for operational best practice in digital asset markets, BCB Group was created by established thought leaders in finance, regulation and technology. Founded in the UK and developed to encompass key relationships across global financial services communities, BCB Group is well positioned as one of the first multi-jurisdictional regulated cryptocurrency service firms. BCB Group’s executive team have worked for Barclays, Credit Suisse, Deutsche Bank, Investec, Lloyds Commercial Bank, Norton Rose Fulbright, FIS and Sun Life of Canada.
The information contained in this press release is intended for use and publication by journalists and should not be relied upon by private investors or any other persons to make financial decisions. BCB Treasury is provided by BCB Prime Services Limited (“BCB Prime”). BCB Prime is not regulated by the Financial Conduct Authority and the sale or purchase of digital assets currently offered by BCB Prime is not currently a regulated activity under the Financial Services and Markets Act 2000. No protection is available under the Financial Services Compensation Scheme or the Financial Ombudsman Service in respect of the Trading Services. Furthermore, the material contained herein is for informational purposes only and should not be construed as an offer, solicitation of an offer, or an inducement to buy or sell cryptocurrencies or any equivalents either generally or in any jurisdiction where the offer or sale is not permitted. All of the views expressed about the markets, cryptocurrencies and stakeholders in this press comment accurately reflect the personal views of BCB Group. While opinions stated are honestly held, they are not guarantees and should not be relied on. The information or opinions provided should not be taken as specific advice on the merits of any investment decision or the specific merits of bitcoin or any other asset as an appropriate asset to buy and/or hold for corporate treasury management purposes. This press release may contain statements about expected or anticipated future events and financial results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, new legislation and regulatory actions, competitive and general economic factors and conditions and theoccurrence of unexpected events. Past performance of bitcoin and other cryptocurrencies is not a viable indication of future performance with actual results possibly differing materially from those stated herein. Your capital is at risk when investing in cryptocurrencies.