Bitstack Secures €15 Million for Expansion in Bitcoin Savings

Bitstack Secures €15 Million for Expansion in Bitcoin Savings

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by Aisha Farooq

a year ago

Made with AI

Bitstack, a French cryptocurrency savings platform, has made headlines by securing €15 million in a Series A funding round. This investment, led by 13books Capital, is set to propel the company's growth and innovation across Europe, as enthusiastically stated in the publication.

Bitstack Enhances Offerings with New Funds

The newly acquired funds will allow Bitstack to enhance its offerings, including the development of a Bitcoin rewards Visa debit card and Euro accounts. With a user base exceeding 300,000 and over €300 million in Bitcoin savings, the platform is well-positioned to facilitate Bitcoin transactions and promote cryptocurrency adoption in retail settings.

Recognition Under MiCA License

Additionally, Bitstack's recent recognition under the MiCA license by the French AMF represents a pivotal moment for regulated crypto savings products in Europe. This milestone not only underscores the platform's commitment to compliance but also highlights the growing acceptance of cryptocurrency within the financial landscape.

As Bitstack secures significant funding to enhance its offerings, the crypto community is also buzzing about Apeing, a new project aimed at rewarding early adopters. For more details, check out Apeing.

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