
Bitcoin Treasury Corporation Receives FINTRAC Registration And Partners With FRNT Financial To Advance Institutional Bitcoin Lending
MSB Approval
The MSB registration marks an important regulatory achievement, authorizing BTCT to conduct activities including digital currency dealing and transfer services under Canada's anti-money laundering and counter-terrorist financing framework. This strengthens BTCT's compliance foundation as it prepares to launch a suite of lending, liquidity, and collateral solutions designed for institutional counterparties.
"BTCT's goal is to own more Bitcoin and maximize Bitcoin per share, through both internal business operations and external capital formation. Receiving our FINTRAC registration marks an important regulatory milestone for BTCT with respect to internal business operations as it furthers our mission to build a compliant, transparent, and scalable institutional Bitcoin services platform," said Elliot Johnson, CEO of BTCT.
Consulting Agreement with FRNT
BTCT has also partnered with FRNT to advance its lending initiatives, the Company's first service offering under its internal business operations platform. The strategic partnership between BTCT and FRNT is the first of its kind in the nascent and rapidly-growing digital asset treasury (DAT) segment.
Under the agreement, BTCT will leverage FRNT's expertise in Bitcoin lending strategies, due diligence, and counterparty selection to support the evaluation and structuring of lending opportunities.
"We are excited to be working with FRNT as we take this important step in building out our lending business," added Johnson. "Generating yield on our Bitcoin holdings is a key component of BTCT's long-term strategy and FRNT's extensive knowledge of the Bitcoin lending space makes them an ideal partner as we move towards executing our first Bitcoin loan."
FRNT CEO Stéphane Ouellette notes, "With this development, BTCT leverages nearly a decade of experience that FRNT has in capital markets operations within the digital asset ecosystem. While Bitcoin and cryptocurrency are ripe with opportunity, capitalizing calls for thoughtful risk management and structuring. We are confident this collaboration will help BTCT lead in the major thematic movement that is DATs."
With both companies domiciled and listed in Canada, the partnership further advances institutional Bitcoin services within the Canadian marketplace.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Bitcoin Treasury (BTCT)
Bitcoin Treasury Corporation is a Canadian-based company focused on institutional-grade Bitcoin services, initially offering Bitcoin-denominated loans. Bitcoin Treasury's core strategy is to build shareholder value through the strategic accumulation and active deployment of Bitcoin, while growing Bitcoin per Share (BPS). Recognizing Bitcoin's finite supply and long-term potential, the Corporation intends to maintain a robust treasury position while building a scalable platform for Bitcoin-based financial services.
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