BlockBeats News, June 20th, Norwegian listed company Standard Supply AS announced its first entry into the digital asset field with an initial investment of 50 million Norwegian Krone (approximately $4.97 million) to purchase Bitcoin, and plans to rebrand as StandardCoin. This investment marks a significant step for the company in the direction of financial innovation.
As part of the transaction, the company has partnered with a top-tier, regulated custody provider to securely store its Bitcoin assets.
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