How StrateVic Finance Group Is Bridging Traditional Finance With Digital Assets

How StrateVic Finance Group Is Bridging Traditional Finance With Digital Assets

 

Bankt will be the first e-wallet backed by a publicly listed company and help bridge the gap between legacy banking and digital assets. Bankt As the digital asset industry matures, more innovative startups and established companies are creating solutions to problems such as security, custodianship, and more. For the layman, digital assets can still be a challenge, particularly when dealing with buying and storing digital assets.

One company is looking at solving this. Based in Sweden, StrateVic Finance Group AB , formerly known as Stockholm IT Ventures AB, is a publicly traded company on the Frankfurt Stock Exchange and parent company to a new innovative venture called Bankt . Bankt will be the first e-wallet backed by a publicly listed company and help bridge the gap between legacy banking and digital assets.

To learn more about how the company will do this, I spoke with Bert Scheen, CEO.

Joresa Blount: What is the story behind StrateVic Finance Group AB and what inspired Bankt?

Bert Scheen: Bankt came out of a need for StrateVic Finance Group AB to manage its own cryptocurrency mining portfolio. We noticed however that trading our portfolio was more profitable than mining so we chose to become a true institutionalized player in the cryptocurrency trading arena. We also noticed that people still discriminate between cryptocurrency and fiat currency, or “ordinary” cash. We believe it’s the same as people who say “colour TV” or just “TV”, as to us it’s all just currency and we want to create […]