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ARTICLE · 23 JUNE 2022

Digital Asset Application In Corporate Treasury

We see all the crypto advancements today, from Equinox gym accepting cryptocurrency payments to buying Teslas and Lamborghinis with crypto, from Fidelity allowing companies to offer its employees...

United StatesTechnology

We see all the crypto advancements today, from Equinox gym accepting cryptocurrency payments to buying Teslas and Lamborghinis with crypto, from Fidelity allowing companies to offer its employees to invest a portion of their 401(k) in bitcoin to Microsoft accepting bitcoin to purchase apps, games and other MS digital content, from San Jose Sharks receiving bitcoin for NHL season tickets to Uber/Lyft soon accepting crypto payment for carpool rides. Certainly, the use of cryptocurrency is changing the way we buy and sell products/services that were once only possible through real cash and credit.

With inflation rising and the looming U.S. market recession, companies have been reassessing their investment allocations, ensuring investments have long-term added value, and also exploring the world of digital assets as a hedge against inflation. On the other hand, corporate treasury teams must also acknowledge the risk associated with cryptocurrencies and find the balance

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