Treasury Management International (TMI), which is the leading corporate treasury publishing group, has opted for receiving payments in bitcoin for those costs, which are associated with the research of all utilities of the Crypto Assets. TMI opted for working with Nasdaq-listed Diginex on the matter of pioneering all transactions. It is for utilizing the cryptocurrency exchange of the company, EQUOS.io. Besides, their certified industry custodian, Digivault, is going to receive and store the bitcoin.
TMI opted for undertaking the initiative, along with the support of Diginex, as a part of their wider study in the practical application of crypto assets for cooperating all treasures. This work is going to include the hosting of an event which is entitled “Crypto assets: the Questions Every Corporate Treasurer Should be Asking” on the 21st of April. A panel of leading experts is going to discuss whether crypto assets and bitcoins have become a much viable treasury asset or not.
Following this, there is the “Bitcoin for Corporations” event, which is US-based and has attracted more than 8197 attendees from at least 6197 different enterprises. The attendees are specifically from the global network of TMI, which is going to come up with 30000 Corporate Treasures. It is going to get joined by all leading industry participants, which are expected to become a part of the most diverse event of its kind.
Robin Page, the CEO at TMI, said, “We are excited to be working with Diginex to explore the benefits and opportunities for treasurers to diversify their armory of investment and payment instruments. And how better to gain insight into the real-world experience of crypto assets than by accepting them ourselves? We chose Diginex, a Nasdaq-listed company, to partner with as a reflection of dedication to fair and transparent markets as well as institutional-grade infrastructure. We plan to offer selected FinTech’s and Banks wishing to explore crypto assets the opportunity to pay TMI with bitcoin, which we will in turn hold as our treasury asset.”
Also, Richard Byworth, the CEO of Diginex, said that they are delighted enough to partner with TMI about this. Their future transactions and assistance are going to educate their readers. It has given them continuous adoption with many large companies like Tesla and MicroStrategy of bitcoin as a treasury asset, along with the Corporate treasures in EMEA and Asia.
They are trying to grapple with the value of the proposition of bitcoin as a reliable treasury asset.
Matt Blom, who is the Head of Sales Trading & corporate Solutions, said, “As corporate treasurers begin to understand the potential of the asset class, they will look not only at the fundamental drivers of price but also the technical implementation. Our ‘Direct-to-Custody’ OTC service allows clients a safe, secure, and efficient process for those who are opting to transact through our platform. We are not just an execution service; we pride ourselves on sharing our deep knowledge of crypto asset management with our corporate clients.”