KindlyMD, a healthcare services provider, merged with Nakamoto Holdings, a Bitcoin native holding company to create a BTC Treasury.
The May 12 announcement, Nakamoto Holdings — a new company founded by David Bailey, a crypto adviser to US President Donald Trump — plans to build the first global network of Bitcoin (BTCBailey:
“Traditional finance and Bitcoin-native markets are converging. The securitization of Bitcoin will redraw the world’s economic map. We believe a future is coming where every balance sheet – public or private – holds Bitcoin.”
The firm plans to create an ecosystem, which includes media, financial services and advisory, that is Bitcoin native. This will help accelerate Bitcoin’s adoption and use. The new company created by the merger will accumulate Bitcoins and increase the BTC per share.
Related: Trump crypto adviser David Bailey raises $300M for Bitcoin investment firm
The first on the block?
Nakamoto Holdings will leverage debt, equity and other options to reach its goals. In its announcement, the company promises to provide “market exposure to Bitcoin within a compliant, transparent structure.”
Bailey stated that Nakamoto Holdings has plans to “bring Bitcoin to the center of global capital markets” By integrating the debt into equity, preferred shares, and “new hybrid structures.” Then he added:
“Our mission is simple: list these instruments on every major exchange in the world.”
The story is developing and we’ll add more information as soon as it comes to hand.
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Source: cointelegraph.com
