BREAKING
381d 15h ago

Oxbridge Approves Bitcoin and Ethereum as Treasury Reserve Assets, Enhancing Financial Innovation

BTC

BTC/USDT

$71,336.87
-6.79%
24h Volume

$44,848,329,419.30

24h H/L

$76,617.73 / $70,140.00

Change: $6,477.73 (9.24%)

Long/Short
77.9%
Long: 77.9%Short: 22.1%
Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$70,942.95

-3.04%

Volume (24h): -

Resistance Levels
Resistance 3$76,971.52
Resistance 2$74,594.61
Resistance 1$71,474.71
Price$70,942.95
Support 1$70,140.00
Support 2$66,407.06
Support 3$58,306.99
Pivot (PP):$71,474.71
Trend:Downtrend
RSI (14):20.9

On January 21st, Oxbridge announced a significant strategic decision from its board to incorporate Bitcoin and Ethereum as part of its treasury reserve assets. This innovative approach underscores Oxbridge’s initiative towards asset diversification, recognizing the need to hedge against inflation with digital currencies that have demonstrated long-term growth prospects. The decision aligns with Oxbridge’s mission to leverage emerging technologies, emphasizing its commitment to exploring cryptocurrency avenues alongside traditional assets.

This strategic pivot also supports Oxbridge’s ongoing development of its blockchain-driven Real World Asset (RWA) tokenization project, facilitated by its subsidiary, SurancePlus Inc.. SurancePlus is dedicated to democratizing access to reinsurance investments through the principles of tokenization and decentralization. By harnessing blockchain technology, SurancePlus intends to broaden participation in reinsurance contracts, transitioning these investment opportunities from the exclusive realm of ultra-high-net-worth individuals to a more accessible platform for all investors.

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