SINGAPORE, April
9, 2021 /PRNewswire/ -- Treasury Management International
(TMI), the leading corporate treasury publishing group, has received payment in
bitcoin for costs associated with researching the utility of
Crypto Assets. TMI chose to
work with Nasdaq-listed Diginex
[EQOS] on this pioneering transaction, utilizing the company's cryptocurrency
exchange EQUOS.io and their industry certified custodian Digivault
to receive and store the bitcoin.
TMI has undertaken this initiative, with the support of Diginex,
as part of a wider study into the practical applications of crypto
assets for corporate treasurers. This work will include hosting an
event entitled: "Crypto Assets: The
Questions Every Corporate Treasurer Should be Asking" on
April 21st where a panel
of leading experts will discuss whether crypto assets and more
specifically bitcoin has become a viable treasury asset.
Following the US based "Bitcoin for Corporations" event, which
attracted over 8,197 attendees from 6,917 different enterprises,
attendees from TMI's global network of over 30,000 Corporate
Treasurers will be joined by leading industry participants in what
is expected to be the largest and most diverse event of its kind to
date.
Robin Page, CEO at
TMI said: "We are excited to be working with Diginex to
explore the benefits and opportunities for treasurers to diversify
their armoury of investment and payment instruments. And how better
to gain insight into the real world experience of crypto assets
than by accepting them ourselves? We chose Diginex, a
Nasdaq-listed company, to partner with as a reflection of
dedication to fair and transparent markets as well as institutional
grade infrastructure. We plan to offer selected FinTech's and Banks wishing to explore
crypto assets the opportunity to pay TMI with bitcoin, which we
will in turn hold as our own treasury asset."
Richard Byworth, CEO of
Diginex, said: "We are delighted to
partner with TMI on this, and their future transactions, as well as
assisting them to educate their readers. Given the
continuing adoption by many large companies such as Tesla and
MicroStrategy of bitcoin as a treasury asset, corporate treasurers
in EMEA and Asia are trying to
grapple with the value proposition of bitcoin as a treasury asset.
Diginex caters specifically to institutions who demand a robust,
and secure platform with regulatory oversight."
Matt Blom, Head of Sales
Trading & Corporate Solutions said: "As corporate
treasurers begin to understand the potential of the asset class,
they will look not only at the fundamental drivers of price but
also the technical implementation. Our 'Direct-to-Custody' OTC
service allows clients a safe, secure and efficient process for
those who are opting to transact through our platform. We are not
just an execution service; we pride ourselves on sharing our deep
knowledge of crypto asset management with our corporate
clients."
Free-to-Attend Webinar: TMI & Diginex
will be hosting a Webinar entitled " Crypto Assets: The
Questions Every Treasurer Should Be Asking" on 21st
April at 9am GMT / 4pm SGT Free to attend - register.
About Diginex
Diginex is a digital assets financial services company focused
on delivering a cryptocurrency and digital assets ecosystem
offering innovative product and services that are compliant, fair
and trusted. The group encompasses cryptocurrency exchange EQUOS.io
as well as an over-the-counter trading platform. It also offers a
front-to-back integrated trading platform, Diginex Access, a
securitisation advisory service, Diginex Capital, market leading
hot and cold custodian Digivault and funds business Bletchley
Park.
For more information visit: https://www.diginex.com/
Follow Diginex on social media on Twitter @DiginexGlobal, on
Facebook @DiginexGlobal, and on LinkedIn.
About Treasury Management International (TMI)
Launched in 1992, TMI has become the world's leading treasury
authority. An independent private company now focused on the
publishing of a sustainable digital magazine, available via web and
a new App to a global audience of over 30,000 treasury
professionals, TMI runs a host of free-to-attend webinars and
roundtable events with its business partners. TMI is the exclusive
media partner for The European Association of Corporate Treasurers
(EACT) and is privileged to work with several international
treasury associations in China,
Japan, South Africa and the USA.
For more information visit:
https://www.treasury-management.com
This press release is provided by Diginex Limited ("Diginex")
for information purposes only, is a summary only of certain key
facts and plans of Diginex and includes forward looking statements
that involve risks and uncertainties. Without limitation, the press
release does not constitute an offer or solicitation in relation to
any securities or other regulated products or services or to make
use of any services provided by Diginex, and neither this press
release nor anything contained in it will form the basis of any
contract or commitment whatsoever. The contents of this press
release have not been reviewed by any regulatory authority in any
jurisdictions. Forward looking statements are statements that are
not historical facts and are subject to risks and uncertainties,
which could cause actual results or outcomes to differ materially
from the forward-looking statements. Most of these factors are
outside of Diginex's control and are difficult to predict. Factors
that may cause such differences include, but are not limited to:
the ability to recognize the anticipated benefits of the business
combination; the ability of Diginex to grow and manage growth
profitably; Diginex's limited operating history and history of net
losses; Diginex's ability to execute its business plan; the
inability to maintain the listing of Diginex's shares on Nasdaq;
Diginex's estimates of the size of the markets for its products;
the rate and degree of market acceptance of Diginex's products;
Diginex's ability to identify and integrate acquisitions; potential
litigation involving Diginex or the validity or enforceability of
Diginex's intellectual property; general economic and market
conditions impacting demand for Diginex's products and services;
and such other risks and uncertainties indicated in Diginex's Shell
Company Report on Form 20-F, including those under "Risk Factors"
therein, and in Diginex's other filings with the SEC, which are
available on the SEC's website at www.sec.gov.
In addition, any forward-looking statements contained in this
press release are based on assumptions that Diginex believes to be
reasonable as of this date. Diginex undertakes no obligation to
update any forward-looking statements to reflect events or
circumstances after the date of this press release or to reflect
new information or the occurrence of unanticipated events, except
as required by law.
Other than those of Diginex, all names, trademarks and logos in
this press release and used in the materials herein belong to their
respective owners. Nothing contained on this press release should
be construed as granting, by implication, estoppel, or otherwise,
any right or license to use any third-party names, trademarks, or
logos displayed on the press release without the written permission
of such third-parties. Copyright (c) Diginex 2021.
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SOURCE Diginex Limited