Hilbert Group Secures 200 million Swedish Krona Financing to Support Cryptocurre
According to the Swedish company Hilbert Group, the company has received more than 200 million Swedish kronor (about 20.90 million US dollars) in long-term financing from a US institutional partner. The funds will be used in part to support its previously announced cryptocurrency reserve strategy, which aims to seize the opportunity of growth in bitcoin institutional adoption, especially with a first-mover advantage among European listed companies.
Hilbert Group will launch a dedicated transparency dashboard that will provide real-time visibility of cryptocurrency holdings and will combine active asset management, strict compliance and transparent reporting. Barnali Biswal, the company's CEO, said the financing is an important milestone in the execution of its strategic plan and reflects the market's recognition of Hilbert's capabilities as a regulated public company in the European digital asset space.