US-listed Hilbert Group Secures SEK 200 Million Financing to Support Cryptocurrency Reserve Strategy

According to a disclosure by the Swedish company Hilbert Group, which is listed on the US stock market, the company has obtained long-term financing of over 200 million Swedish krona (approximately $20.90 million) from a US institutional partner. Part of this funding will be 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. [ChainCatcher]