Bitfury to Allow Mining Bitcoin for Institutional Investors
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May 27, 2020

The Bitfury Group has announced the launch of an institutional investor-focus program that will to help large investors and family offices diversify their portfolios into digital asset infrastructure.

The company says there is a limited range of investment products in the market for big investors. With the help of the program, these investors can finally invest in Bitfury’s tier data centers across North America and other regions through bespoke investment vehicles, an official press release states.

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Bitfury CEO Valery Vavilov says the program will allow institutional players to invest within an outstanding risk-reward profile as well as help further adoption of digital assets by making its underlying infrastructure stronger, safer, and more secure.

"Amid growing global uncertainty and volatile markets, our institutional investor program will provide a streamlined and stable diversification route into digital assets, while also helping to build a more secure digital world," he added.

In February, the full-service blockchain firm launched a new product called 'Peach White-Label Wallet.'

The new white-label bitcoin wallet should help businesses with integrating bitcoin payments into their operations.

Bitfury Head of Blockchain Solutions Chris Dickson said the new white-label wallet makes was easier than ever for enterprises to accept bitcoin.

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Last year, Bitfury launched a new corporate blockchain platform called Exonum Enterprise. This was the first blockchain of its type, as it allows large companies to optimize their processes and increase transparency through the use of bitcoin's blockchain.

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