Roxom to Launch an Exchange for BTC Treasury Company Stocks

Roxom plans to launch a new exchange in September that allows users to trade stocks of companies holding Bitcoin, along with commodities and cryptocurrencies, all denominated in Bitcoin. This means traders can buy and sell these assets using only Bitcoin, without needing to convert to traditional currencies like dollars. The initial offering will focus on 'Bitcoin Treasuries,' giving access to companies with large Bitcoin holdings. Roxom recently received $17.9 million in funding to support this initiative. This development coincides with a rise in Bitcoin's price and increased Bitcoin purchases by companies like MicroStrategy and MetaPlanet. Currently, 149 public companies hold over 859,000 Bitcoins.