Dutch company Amdax has announced the creation of a new treasury entity AMBTC BV with the goal of acquiring 1% of the total Bitcoin supply and plans for an IPO on Euronext Amsterdam.
Goals of AMBTC BV Creation
Amdax launched AMBTC BV with the intent to acquire up to 210,000 Bitcoins. This move aims to attract institutional investments in the cryptocurrency market through a regulated platform.
IPO Plan on Euronext Amsterdam
AMBTC BV plans to conduct a direct listing on Euronext while maintaining ties with Amdax Ltd. This initiative underscores the growing institutional interest in formalized Bitcoin investments.
Regulated Access for Institutional Investors
The launch of AMBTC BV could reshape the market by providing institutions with more accessible and secure investment opportunities in Bitcoin. Experts emphasize the importance of strict regulation by the Dutch Central Bank and MiCA standards.
The establishment of AMBTC BV by Amdax is a significant step towards the formalization of institutional investments in Bitcoin, potentially leading to an increase in capital available on the market.