Publicly Listed Bitcoin Treasury Company
Context
In recent months, a substantial number of companies have added Bitcoin to their corporate treasury holdings. However, becoming a Bitcoin treasury company requires more than simply holding the asset. Strong governance, custody, policies & procedures and rigid risk controls are essential for companies holding or utilising digital assets, along with thorough due diligence on service providers. This, combined with the rigid obligations and need for investor transparency, are required for publicly listed companies to maintain high standards and professional conduct. For such a strategy to succeed, the company must bridge traditional finance with digital asset capabilities in the most professional and compliant manner possible.
As such, a publicly listed company contracted Appold to design and implement a secure and compliant Bitcoin treasury strategy as part of a pivot of its corporate operating model.
This project saw Appold develop governance and risk management frameworks, custody policies, and trading procedures bespoke to digital assets yet tailored for a listed company environment. Appold also provides ongoing guidance on custody provider selection, arranging market access facilities, optimising transaction execution, and providing digital asset education to the company's Board and staff.
Services
Project requirements:
Research & Analysis
Strategic Advisory
Treasury Management
Partner Comment:
“At Appold, we recognise that listed companies incorporating digital assets into their balance sheets require robust frameworks to safeguard investor confidence and satisfy the highest regulatory and governance standards expected under stock exchange supervision.
Our role was to ensure that every element, from custody to market execution, was designed and implemented to institutional standards. In addition, we drew on our deep industry network to advise and support the development of a broader digital asset strategy.
By bridging the worlds of traditional finance and blockchain, we enable our clients to pursue innovation without ever compromising on security or compliance..”
— Pete Osborne, Partner
