Swedish company Hilbert Group, listed on the US stock market, has secured 200 million Swedish krona in funding to support its cryptocurrency reserve strategy.

On July 7th, according to a disclosure by the Swedish company Hilbert Group listed on the US stock market, the company has obtained long-term financing of over 200 million Swedish Krona (approximately $19.00 million USD) from a US institutional partner. This funding will be partially used to support its previously announced cryptocurrency reserve strategy, which aims to seize the opportunity of increased institutional adoption of Bitcoin, especially to gain a first-mover advantage among European listed companies. Hilbert Group will launch a dedicated transparency dashboard to provide real-time visibility of its cryptocurrency holdings and will combine active asset management, strict compliance, and transparent reporting. Barnali Biswal, CEO of the company, stated that this financing is an important milestone in executing its strategic plan and reflects the market's recognition of Hilbert's capabilities as a regulated listed company in the European digital asset space. [Deep Tide TechFlow]