Most people do not understand cryptocurrencies, but many banks, companies, and governments know they are important. Major banks, accounting firms, software companies, and governments are studying cryptocurrencies and creating their own blockchain-projects. Satoshi Nakamoto invested in Bitcoin, creating a decentralized digital cash system through a network of peers with a record of every transaction. The whole network knows about each transaction. When it is confirmed, it becomes a part of the blockchain, or record. Bitcoin is cryptocurrency’s digital gold standard. It has more than 200,000 transaction each day. Banks such as Barclays, BNP Paribas, Citi Bank, and Deutsche Bank are beginning to us it. For more details visit LinkedIn.
Cboe and CME were the first mainstream financial institutions to use Bitcoin. The Intercontinental Exchange is allowing investors to buy Bitcoin directly through its crypto trading product. Goldman Sachs and Susquehanna International Group are planning on offering Bitcoin futures.
Rick Hilton, chairman of Hilton and Hyland, is holding a cryptocurrency auction for a $38 million Roman mansion. If the Palazzetto is sold, it will be the most expensive property bought with cryptocurrency. In 2018, a $6 million Miami estate was purchased with 455 Bitcoins. Hilton uses Propy to sell real estate. Propy’s use of the blockchain ledger allows title deeds issuance globally online. Rick Hilton is AQUA Intelligence’s senior advisor, and the company’s AQX tokens are in the pre-sale phase.
Southridge Capital is very aware of cryptocurrencies, due to their financing expertise. They have a knowledgeable executive team that has expertise in curating and financial planning. Southridge Capital has invested $1.8 billion dollars in growth companies around the world since 1996. They have financed more than 250 public companies. Southridge’s advisory and structured finance services include balance sheet optimization, bankruptcy advice, credit enhancing, financial analysis, financing solutions, legal settlements, mergers and acquisitions, restructuring analysis, and securitization.
1996, Stephen M. Hicks founded Southridge. As the current CEO, he is in charge of business development and the company’s direction. He attended King’s College and Fordham University to earn his Business Administration BS and MBA, respectively. He is excited about the future of cryptocurrency. You can visit their website southridge.com