Mei Pharma invests $ 100 million in the first Litecoin Corporate Cash (LTC)
Since the beginning of the year, crypto crypto has multiplied cash strategies around the world. Dynamics that seem to be determined to integrate the main cryptocurrencies into the sector, as in the first first litecoin fund (LTC) initiated by Mei Pharma.
Mei Pharma launches the first Litecoin Business Cash (LTC)
After their unprecedented registration in the development strategies of the dimensions, it is no longer a question of whether, but if the cryptocurrencies of the current 50 best dedicated corporate treasures are.
The economic model of the new generation, from the status of the visionary project, to a large extent transmitted by the company’s strategy, to a certain strategic commitment. The aim is not to miss the adoption of the institutional and stock market that means.
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Obviously, the founder of Litecoin, Charlie Lee, understood the lesson well. In fact, he has just attended a strategic advisor – and a new member of the Board of Directors – when launching the first cash on Cryptocurrerance LTC, established by Mei Pharma.
Litecoin has long embodied a healthy, scalable and decentralized currency. The launch of this strategy Mei Pharma will attract the decisive institutional phase by recognizing the role of Litecoin as a reserve asset and as an essential part of global financial systems.
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A fund estimated at more than $ 100 million
In order to start this cryptom treasure project, Mei Pharma bought a total of $ 929,548 LTC for an average price of $ 107.58. As a result, his Litecoin working fund is currently estimated at $ 110 million at LTC prices.
No remarkable take -off that has been observing on the side of MEIP in the last few days, but it seems important to realize that a significant reflection has begun more than 90 %since mid -July.
Mei Pharma Action has been recording a large increase in the last 30 days
However, the question remains unanswered for the most informed observer crypt. Why did you choose Litecoin? The response in the press release from the Mei Pharma spins at 3 different points:
- Was flawless reliability with continuous availability for more than 13 years;
- Operating efficiency has shown at minimum cost and rate of transaction treatment;
- Important acceptance on platforms such as BitPay, Robinhood, PayPal and Venmo, with a large network of users and merchants.
🗞 Business Crypto Cash Trees now accumulates $ 100 billion in cryptocurrencies
This dynamics supported by Crypto GSR Investment Company, ” Indicates the beginning of a wider institutional cash initiative for Mei Pharma ». Society indeed announces its desire ” Update your identity in the coming weeks Regarding this great development, but also to include the possibility of mining activities associated with Litecoin in the near future. Opening that apparently does not question his main pharmaceutical activity.
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Source: Press release
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Passionate for cryptocurrencies and the principle of decentralization for many years I want to share this experience with the greatest number. I also focus on decrypting problems associated with the development of this ecosystem in traditional financing.
Hugh Bernard
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