Northern Bitcoin AG agrees comprehensive strategic cooperation with RAWPOOL – Launch of a joint european crypto exchange planned

11:30 CET/CEST

Insider information pursuant to Article 17 MAR

Frankfurt/Main / Beijing – October 8, 2018 – Northern Bitcoin AG (XETRA: NB2, ISIN: DE000A0SMU87) and the US-based Growfund, Inc., owner of the Rawpool Group, today signed a comprehensive strategic cooperation agreement. The strategic cooperation, which begins immediately, covers the areas of crypto wallets, Bitcoin mining and crypto exchange, some of which significantly expand Northern Bitcoin AG’s existing business.
In the crypto wallet sector, Northern Bitcoin will join forces with Bpal to launch the “Bpal Wallet“-digital purse on the European market. Bpal Wallet is a digital application for the storage of crypto currencies, which also permits the receipt and dispatch of crypto money. Apart from the market introduction in the countries of the European union, Bpal and North-ern Bitcoin jointly intend to enter cooperations with financial institutions such as banks and stock exchanges within the range of cryptocurrencies on a world-wide basis. In the context of the agreement Bpal will establish its European head-office in Frankfurt/Main and will be comprehensively supported by Northern Bitcoin.
In Bitcoin mining, Rawpool will use its leading market position to provide Northern Bitcoin with access to low-cost mining hardware. In addition, the two companies will work to-gether to further develop the mining facilities in Northern Europe and to negotiate energy costs at the sites.
Northern Bitcoin and Bi.top Exchange intend to establish a joint cryptoexchange in Europe. Bi.top offers the world’s first complete ecosystem for the exchange of digital assets, adding significant value over existing cryptoexchanges. Bi.top provides its complete market-entry solution, including technical and operational support.

Stay up to date

Disclaimer

This press release does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities of Northern Bitcoin AG and does not constitute a prospectus of Northern Bitcoin AG. The information contained in this press release is not intended to form the basis of any financial, legal, tax or other business decision. Investment or other decisions should not be made solely on the basis of this press release. As with all business and  nvestment matters, please consult qualified professional advice. This release and the information contained herein are not for distribution, directly or indirectly, in or into Canada, Australia or Japan.

Press Contact

Dr. Hans Joachim Dürr
Head of Corporate Communications
E-Mail: h.duerr@northernbitcoin.com
Phone: +49 69 348 752 89

Investor Relations

Sven Pauly
E-Mail: ir@northernbitcoin.com
Phone: +49 89 125 09 03 31

Latest news

New opportunities to pay with Bitcoin

With the focus on Bitcoin as a digital preserver of value, its function as a means of payment seems to have taken a back seat. Here too, however, solutions are being developed to increase the speed of transactions, and the network of companies which accept Bitcoin in payment is constantly

Read More »

One third of US investors are considering Bitcoin purchases

Over a third (36%) of US investors would consider an investment in Bitcoin. What attracts them in particular is that they can start by investing small sums in Bitcoin. The potential for growth and the limited availability also argue in favor of an investment in Bitcoin. These are the principal

Read More »

Corporate News

Northern Bitcoin Publishes Annual Report 2018

Frankfurt am Main, July 23, 2019. Northern Bitcoin AG (XETRA: NB2, ISIN: DE000A0SMU87), one of the world’s leading companies in the sustainable mining of Bitcoin, today published its 2018 Annual Report. It is the first annual report following the realignment of the business purpose as a Bitcoin mining company in

Read More »

Northern Bitcoin doubles its mining capacities

Acquisition of 4,475 ASIC Miners Doubling of existing mining capacities Further significant expansion steps ahead of completion Frankfurt am Main, Germany – July 01, 2019. Northern Bitcoin AG (XETRA: NB2, ISIN: DE000A0SMU87), one of the world’s leading companies in the sustainable mining of bitcoin, has signed a purchase agreement for

Read More »