Catenai PLC Provides Update on Bitcoin Treasury Strategy
Why we think this is neutral
This RNS announcement does not contain any of the mandatory news types that would require a more detailed analysis. It is a general update on the company's treasury function and Bitcoin strategy, which does not have a clear positive or negative sentiment.
Key Points
- Catenai PLC has appointed Appold Associates Limited as its Professional Adviser to its Bitcoin-focused treasury function
- Appold will support Catenai in designing and implementing a secure and compliant Bitcoin treasury strategy
- BitGo, the leading infrastructure provider of digital asset solutions, will serve as Catenai's official custodian through BitGo Trust Company, Inc.
- The partnership with BitGo will also include trading support through its platform
Summary
Catenai PLC has appointed Appold Associates Limited as its Professional Adviser to its Bitcoin-focused treasury function. Appold will support Catenai in designing and implementing a secure and compliant Bitcoin treasury strategy, including governance frameworks, custody policies, and trading procedures. BitGo, the leading infrastructure provider of digital asset solutions, will serve as Catenai's official custodian through BitGo Trust Company, Inc. The partnership will also include trading support through BitGo's platform.