Treasury Management International (TMI), the leading corporate treasury publishing group, has received payment in bitcoin for costs associated with researching the utility of Crypto Assets. TMI chose to work with Nasdaq-listed EQONEX [EQOS] on this pioneering transaction, utilizing the company’s cryptocurrency exchange EQUOS.io and their industry-certified custodian Digivault to receive and store the bitcoin.
TMI has undertaken this initiative, with the support of EQONEX, as part of a wider study into the practical applications of crypto assets for corporate treasurers. This work will include hosting an event entitled: “Crypto Assets: The Questions Every Corporate Treasurer Should be Asking” on April 21st where a panel of leading experts will discuss whether crypto assets and more specifically bitcoin has become a viable treasury asset.
Following the US based “Bitcoin for Corporations” event, which attracted over 8,197 attendees from 6,917 different enterprises, attendees from TMI’s global network of over 30,000 Corporate Treasurers will be joined by leading industry participants in what is expected to be the largest and most diverse event of its kind to date.
Robin Page, CEO at TMI said: “We are excited to be working with EQONEX to explore the benefits and opportunities for treasurers to diversify their armoury 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 EQONEX, 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 own treasury asset.”
Richard Byworth, CEO of EQONEX, said: “We are delighted to partner with TMI on this, and their future transactions, as well as assisting them to educate their readers. Given the continuing adoption by many large companies such as Tesla and MicroStrategy of bitcoin as a treasury asset, corporate treasurers in EMEA and Asia are trying to grapple with the value proposition of bitcoin as a treasury asset. EQONEX caters specifically to institutions who demand a robust, and secure platform with regulatory oversight.”
Matt Blom, 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.”
Free-to-Attend Webinar: TMI & EQONEX will be hosting a Webinar entitled “ Crypto Assets: The Questions Every Treasurer Should Be Asking” on 21st April at 9am GMT / 4pm SGT Free to attend - register here.
EQONEX is a digital assets financial services company focused on delivering a cryptocurrency and digital assets ecosystem offering innovative product and services that are compliant, fair and trusted. The group encompasses cryptocurrency exchange EQUOS.io as well as an over-the-counter trading platform. It also offers a front-to-back integrated trading platform, Access, market leading hot and cold custodian Digivault. and funds business Bletchley Park.
For more information visit: https://www.eqonex.com/
Follow EQONEX on social media on Twitter @EQONEX, on Facebook @EQONEX, and on LinkedIn.
About Treasury Management International (TMI)
Launched in 1992, TMI has become the world’s leading treasury authority. An independent private company now focused on the publishing of a sustainable digital magazine, available via web and a new App to a global audience of over 30,000 treasury professionals, TMI runs a host of free-to-attend webinars and roundtable events with its business partners. TMI is the exclusive media partner for The European Association of Corporate Treasurers (EACT) and is privileged to work with several international treasury associations in China, Japan, South Africa and the USA.
For more information visit: https://www.treasury-management.com
MATIC, the native token of the Polygon platform, has been one of the best-performing coins of 2021, with an overall increase in value of over 12,000%. What's more, the price spike isn't a result of speculative capital at play, rather an increase in adoption by Polygon's core users.
Are crypto assets really a viable treasury investment? What are the regulatory risks? How does the custody of crypto assets work? EQONEX CEO Richard Byworth answered this and more alongside other industry leaders in TMI's Webinar "The Questions Every Treasurer Should be Asking." Watch Richard's highlights below.
EQONEX, the institutional-grade cryptocurrency exchange owned by EQONEX (Nasdaq: EQOS), will host a webinar between Roger Ver, the Founder of Bitcoin.com, and Richard Byworth, CEO of EQONEX, the first Nasdaq-listed company with a cryptocurrency exchange.