WebX International Partners with HashKey, Initiates Bitcoin Accumulation Strategy

WebX transforms into a Bitcoin Accumulation Company, making Bitcoin its primary reserve asset and expanding into innovative financial services, with backing from key blockchain and Wall Street investors.

BTC

Summary

WebX International Holdings (8521.HK) announced a partnership with HashKey, marking its first Bitcoin purchase and officially becoming the world’s first Bitcoin Accumulation Company (BAC). WebX aims to grow its BTC reserves systematically, diverging from traditional Bitcoin treasury models. With backing from Sopris Capital and Blockware CEO Mason Jappa, the company plans to lead the Bitcoin-based financial services market in Hong Kong and globally, expanding into mining, crypto asset securitization, and Web3 finance.

Terms & Concepts
  • Bitcoin Accumulation Company (BAC): A corporate model focused on progressively increasing Bitcoin reserves as a core asset, measured by BTC per share.
  • Crypto Asset Securitization: The process of converting crypto assets into structured financial products that can be traded by investors.
  • Web3 Finance: A decentralized financial ecosystem leveraging blockchain technology to provide services without relying on traditional intermediaries.