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Bitcoin Well (TSXV:BTCW) expands to U.S., launches Bitcoin Well Infinite

Cryptocurrency, Market News, Technology
TSXV:BTCW
29 March 2023 14:26 (EDT)
Bitcoin Well CEO Adam O’Brien and another man stand by a bitcoin ATM

Bitcoin Well CEO Adam O’Brien, left, and another man stand by a bitcoin ATM. (Source: Bitcoin Well)

Bitcoin Well (BTCW) has launched Bitcoin Well Infinite and signed an agreement to offer its non-custodial bitcoin services in the U.S.

Bitcoin Well Infinite is designed as a one-stop-shop for people, businesses, and family trusts that are looking to work with a knowledgeable bitcoin partner to have convenient access to deep liquidity, convenient payment options and education on how to self custody their bitcoin.

Source: Bitcoin Well Inc.

The fintech business’ founder and CEO, Adam O’Brien, stated that the Bitcoin Well Infinite service is needed now, more than ever.

“While buying and selling bitcoin in large quantities is not a unique product offering, designing a service around self-custody and bitcoin education is something that has been missing. Individuals understand the value in self-custody of bitcoin, and we are ready to close the knowledge gap that is preventing them from doing so.”

The company has also signed an agreement with a partner to offer its non-custodial bitcoin services to customers in the U.S. with a target launch date of Q2 2023. The agreement stipulates that Bitcoin Well will benefit from the partner’s licensing, banking, and liquidity relationships to be able to provide a seamless customer experience to buy, sell and eventually use bitcoin in the U.S.

CEO O’Brien added that this partnership will expand Bitcoin Well’s reach.

“This expansion to the USA comes alongside the launch of Bitcoin Well Infinite. We are taking the 10 years experience of running and scaling a non-custodial bitcoin business in Canada and bringing that expertise to the USA.”

Bitcoin Well offers convenient, secure, and reliable ways to buy, sell and use bitcoin.

Bitcoin Well (BTCW) opened trading at C$0.055 per share.

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