BTCS - BTCS invests in operator of Upstream a securities exchange built on ether blockchain

• Cryptocurrency platform BTCS ( NASDAQ: BTCS ) said Tuesday that it has made a $100K investment in GlobexUS Holdings, the parent Horizon Globex GmbH, which is the operator of Upstream, a regulated securities exchange developed on the ethereum ( ETH-USD ) blockchain.
• The blockchain-focused move could allow BTCS ( BTCS ) to tokenize or list their securities for trading on an exchange, it said.
• Furthermore, Upstream's trading app enables the ability to pay dividends directly to a holder's wallet, which could reduce friction of BTCS ( BTCS ) shareholders' so-called Bividend. BTCS was the first publicly-traded company to issue a dividend payable in bitcoin ( BTC-USD ) at the start of 2022.
• "Potential tokenization and dual listing of our shares on Upstream’s platform would highlight our further utilization of disruptive blockchain capabilities that support our belief in the fast-growing industry," said BTCS CEO Charles Allen.
• In May, BTCS added gaming-focused crypto Axie Infinity to its blockchain operations .

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