• Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact
28 July Monday, 2025
  • tr Türkçe
  • en English
TurkishNY Radio
No Result
View All Result
  • Home
  • Cryptocurrency
  • Business
  • Economy
  • Home
  • Cryptocurrency
  • Business
  • Economy
No Result
View All Result
  • tr Türkçe
  • en English
TurkishNY Radio
No Result
View All Result
Bitcoin Bitcoin (BTC) $117,746.02 ↓ -1.15%
Ethereum Ethereum (ETH) $3,780.77 ↓ -1.44%
XRP XRP (XRP) $3.14 ↓ -2.75%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.03%
BNB BNB (BNB) $827.90 ↓ -0.24%
Solana Solana (SOL) $184.31 ↓ -1.96%
USDC USDC (USDC) $1.00 ↓ 0.00%
Dogecoin Dogecoin (DOGE) $0.23 ↓ -5.23%
TRON TRON (TRX) $0.32 ↑ 0.66%
Cardano Cardano (ADA) $0.79 ↓ -4.30%
Hyperliquid Hyperliquid (HYPE) $44.15 ↑ 0.43%
Sui Sui (SUI) $3.96 ↓ -8.86%
Stellar Stellar (XLM) $0.42 ↓ -5.46%
Chainlink Chainlink (LINK) $18.13 ↓ -5.13%
Bitcoin Cash Bitcoin Cash (BCH) $574.84 ↓ -4.61%
Hedera Hedera (HBAR) $0.27 ↓ -8.04%
Avalanche Avalanche (AVAX) $25.35 ↓ -0.44%
Litecoin Litecoin (LTC) $109.21 ↓ -4.31%
UNUS SED LEO UNUS SED LEO (LEO) $8.97 ↑ 0.15%
Toncoin Toncoin (TON) $3.23 ↓ -3.79%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -5.11%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.02%
Uniswap Uniswap (UNI) $10.42 ↓ -3.47%
Polkadot Polkadot (DOT) $3.99 ↓ -4.79%
Monero Monero (XMR) $320.49 ↓ -0.59%
Dai Dai (DAI) $1.00 ↑ 0.01%
Bitget Token Bitget Token (BGB) $4.64 ↑ 0.40%
Pepe Pepe (PEPE) $0.00 ↓ -5.56%
Cronos Cronos (CRO) $0.14 ↑ 1.63%
Aave Aave (AAVE) $288.40 ↓ -3.64%
Ethena Ethena (ENA) $0.64 ↓ -5.22%
Bittensor Bittensor (TAO) $404.00 ↓ -6.34%
NEAR Protocol NEAR Protocol (NEAR) $2.76 ↓ -5.37%
Pi Pi (PI) $0.44 ↓ -0.08%
Ethereum Classic Ethereum Classic (ETC) $21.87 ↓ -5.26%
Ondo Ondo (ONDO) $0.99 ↓ -6.13%
Internet Computer Internet Computer (ICP) $5.57 ↓ -3.04%
Aptos Aptos (APT) $4.68 ↓ -3.99%
OKB OKB (OKB) $48.55 ↑ 0.01%
Mantle Mantle (MNT) $0.80 ↓ -3.33%
Bonk Bonk (BONK) $0.00 ↓ -2.41%
Kaspa Kaspa (KAS) $0.10 ↓ -7.00%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -6.98%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.23 ↓ -5.44%
Algorand Algorand (ALGO) $0.27 ↓ -6.15%
Arbitrum Arbitrum (ARB) $0.43 ↓ -4.78%
GateToken GateToken (GT) $18.10 ↑ 0.43%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.02%
VeChain VeChain (VET) $0.02 ↓ -4.89%
Render Render (RENDER) $4.09 ↓ -5.08%
Worldcoin Worldcoin (WLD) $1.12 ↓ -6.50%
SPX6900 SPX6900 (SPX) $2.15 ↑ 0.07%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $9.80 ↓ -4.90%
Sky Sky (SKY) $0.09 ↓ -6.17%
Sei Sei (SEI) $0.32 ↓ -6.26%
Cosmos Cosmos (ATOM) $4.64 ↓ -3.71%
Filecoin Filecoin (FIL) $2.61 ↓ -3.93%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.71 ↓ -4.32%
Flare Flare (FLR) $0.02 ↓ -3.86%
Jupiter Jupiter (JUP) $0.55 ↓ -6.79%
Story Story (IP) $5.62 ↑ 2.69%
Quant Quant (QNT) $122.27 ↓ -5.19%
Injective Injective (INJ) $14.71 ↓ -5.44%
KuCoin Token KuCoin Token (KCS) $11.47 ↓ -0.62%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.08%
XDC Network XDC Network (XDC) $0.09 ↓ -1.13%
Celestia Celestia (TIA) $1.91 ↓ -5.70%
Curve DAO Token Curve DAO Token (CRV) $1.01 ↓ -4.62%
Optimism Optimism (OP) $0.77 ↑ 4.75%
Four Four (FORM) $3.39 ↓ -2.28%
Stacks Stacks (STX) $0.79 ↓ -7.00%
Fartcoin Fartcoin (FARTCOIN) $1.22 ↓ -8.96%
FLOKI FLOKI (FLOKI) $0.00 ↓ -7.41%
Immutable Immutable (IMX) $0.56 ↓ -5.74%
Ethereum Name Service Ethereum Name Service (ENS) $28.85 ↓ -7.11%
dogwifhat dogwifhat (WIF) $1.05 ↓ -5.38%
The Graph The Graph (GRT) $0.10 ↓ -5.24%
PancakeSwap PancakeSwap (CAKE) $2.96 ↓ -1.59%
Kaia Kaia (KAIA) $0.16 ↓ -3.54%
Lido DAO Lido DAO (LDO) $1.07 ↓ -4.73%
Conflux Conflux (CFX) $0.19 ↓ -5.21%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.45 ↓ -8.39%
PAX Gold PAX Gold (PAXG) $3,324.91 ↓ -0.67%
Sonic Sonic (S) $0.32 ↓ -5.14%
Tezos Tezos (XTZ) $0.86 ↓ -3.16%
Vaulta Vaulta (A) $0.55 ↓ -4.50%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -8.52%
Theta Network Theta Network (THETA) $0.87 ↓ -5.32%
PayPal USD PayPal USD (PYUSD) $1.00 ↑ 0.04%
Nexo Nexo (NEXO) $1.31 ↓ -1.42%
Raydium Raydium (RAY) $3.16 ↑ 0.64%
JasmyCoin JasmyCoin (JASMY) $0.02 ↓ -5.40%
Tether Gold Tether Gold (XAUt) $3,321.87 ↓ -0.60%
IOTA IOTA (IOTA) $0.21 ↓ -6.98%
Gala Gala (GALA) $0.02 ↓ -5.57%
The Sandbox The Sandbox (SAND) $0.30 ↓ -5.87%
Pyth Network Pyth Network (PYTH) $0.13 ↓ -5.76%
Aerodrome Finance Aerodrome Finance (AERO) $0.86 ↓ -5.16%
Pendle Pendle (PENDLE) $4.42 ↑ 0.28%
Jito Jito (JTO) $1.92 ↓ -5.55%
Bitcoin Bitcoin (BTC) $117,746.02 ↓ -1.15%
Ethereum Ethereum (ETH) $3,780.77 ↓ -1.44%
XRP XRP (XRP) $3.14 ↓ -2.75%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.03%
BNB BNB (BNB) $827.90 ↓ -0.24%
Solana Solana (SOL) $184.31 ↓ -1.96%
USDC USDC (USDC) $1.00 ↓ 0.00%
Dogecoin Dogecoin (DOGE) $0.23 ↓ -5.23%
TRON TRON (TRX) $0.32 ↑ 0.66%
Cardano Cardano (ADA) $0.79 ↓ -4.30%
Hyperliquid Hyperliquid (HYPE) $44.15 ↑ 0.43%
Sui Sui (SUI) $3.96 ↓ -8.86%
Stellar Stellar (XLM) $0.42 ↓ -5.46%
Chainlink Chainlink (LINK) $18.13 ↓ -5.13%
Bitcoin Cash Bitcoin Cash (BCH) $574.84 ↓ -4.61%
Hedera Hedera (HBAR) $0.27 ↓ -8.04%
Avalanche Avalanche (AVAX) $25.35 ↓ -0.44%
Litecoin Litecoin (LTC) $109.21 ↓ -4.31%
UNUS SED LEO UNUS SED LEO (LEO) $8.97 ↑ 0.15%
Toncoin Toncoin (TON) $3.23 ↓ -3.79%
Shiba Inu Shiba Inu (SHIB) $0.00 ↓ -5.11%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.02%
Uniswap Uniswap (UNI) $10.42 ↓ -3.47%
Polkadot Polkadot (DOT) $3.99 ↓ -4.79%
Monero Monero (XMR) $320.49 ↓ -0.59%
Dai Dai (DAI) $1.00 ↑ 0.01%
Bitget Token Bitget Token (BGB) $4.64 ↑ 0.40%
Pepe Pepe (PEPE) $0.00 ↓ -5.56%
Cronos Cronos (CRO) $0.14 ↑ 1.63%
Aave Aave (AAVE) $288.40 ↓ -3.64%
Ethena Ethena (ENA) $0.64 ↓ -5.22%
Bittensor Bittensor (TAO) $404.00 ↓ -6.34%
NEAR Protocol NEAR Protocol (NEAR) $2.76 ↓ -5.37%
Pi Pi (PI) $0.44 ↓ -0.08%
Ethereum Classic Ethereum Classic (ETC) $21.87 ↓ -5.26%
Ondo Ondo (ONDO) $0.99 ↓ -6.13%
Internet Computer Internet Computer (ICP) $5.57 ↓ -3.04%
Aptos Aptos (APT) $4.68 ↓ -3.99%
OKB OKB (OKB) $48.55 ↑ 0.01%
Mantle Mantle (MNT) $0.80 ↓ -3.33%
Bonk Bonk (BONK) $0.00 ↓ -2.41%
Kaspa Kaspa (KAS) $0.10 ↓ -7.00%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -6.98%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.23 ↓ -5.44%
Algorand Algorand (ALGO) $0.27 ↓ -6.15%
Arbitrum Arbitrum (ARB) $0.43 ↓ -4.78%
GateToken GateToken (GT) $18.10 ↑ 0.43%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.02%
VeChain VeChain (VET) $0.02 ↓ -4.89%
Render Render (RENDER) $4.09 ↓ -5.08%
Worldcoin Worldcoin (WLD) $1.12 ↓ -6.50%
SPX6900 SPX6900 (SPX) $2.15 ↑ 0.07%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $9.80 ↓ -4.90%
Sky Sky (SKY) $0.09 ↓ -6.17%
Sei Sei (SEI) $0.32 ↓ -6.26%
Cosmos Cosmos (ATOM) $4.64 ↓ -3.71%
Filecoin Filecoin (FIL) $2.61 ↓ -3.93%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.71 ↓ -4.32%
Flare Flare (FLR) $0.02 ↓ -3.86%
Jupiter Jupiter (JUP) $0.55 ↓ -6.79%
Story Story (IP) $5.62 ↑ 2.69%
Quant Quant (QNT) $122.27 ↓ -5.19%
Injective Injective (INJ) $14.71 ↓ -5.44%
KuCoin Token KuCoin Token (KCS) $11.47 ↓ -0.62%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.08%
XDC Network XDC Network (XDC) $0.09 ↓ -1.13%
Celestia Celestia (TIA) $1.91 ↓ -5.70%
Curve DAO Token Curve DAO Token (CRV) $1.01 ↓ -4.62%
Optimism Optimism (OP) $0.77 ↑ 4.75%
Four Four (FORM) $3.39 ↓ -2.28%
Stacks Stacks (STX) $0.79 ↓ -7.00%
Fartcoin Fartcoin (FARTCOIN) $1.22 ↓ -8.96%
FLOKI FLOKI (FLOKI) $0.00 ↓ -7.41%
Immutable Immutable (IMX) $0.56 ↓ -5.74%
Ethereum Name Service Ethereum Name Service (ENS) $28.85 ↓ -7.11%
dogwifhat dogwifhat (WIF) $1.05 ↓ -5.38%
The Graph The Graph (GRT) $0.10 ↓ -5.24%
PancakeSwap PancakeSwap (CAKE) $2.96 ↓ -1.59%
Kaia Kaia (KAIA) $0.16 ↓ -3.54%
Lido DAO Lido DAO (LDO) $1.07 ↓ -4.73%
Conflux Conflux (CFX) $0.19 ↓ -5.21%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.45 ↓ -8.39%
PAX Gold PAX Gold (PAXG) $3,324.91 ↓ -0.67%
Sonic Sonic (S) $0.32 ↓ -5.14%
Tezos Tezos (XTZ) $0.86 ↓ -3.16%
Vaulta Vaulta (A) $0.55 ↓ -4.50%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -8.52%
Theta Network Theta Network (THETA) $0.87 ↓ -5.32%
PayPal USD PayPal USD (PYUSD) $1.00 ↑ 0.04%
Nexo Nexo (NEXO) $1.31 ↓ -1.42%
Raydium Raydium (RAY) $3.16 ↑ 0.64%
JasmyCoin JasmyCoin (JASMY) $0.02 ↓ -5.40%
Tether Gold Tether Gold (XAUt) $3,321.87 ↓ -0.60%
IOTA IOTA (IOTA) $0.21 ↓ -6.98%
Gala Gala (GALA) $0.02 ↓ -5.57%
The Sandbox The Sandbox (SAND) $0.30 ↓ -5.87%
Pyth Network Pyth Network (PYTH) $0.13 ↓ -5.76%
Aerodrome Finance Aerodrome Finance (AERO) $0.86 ↓ -5.16%
Pendle Pendle (PENDLE) $4.42 ↑ 0.28%
Jito Jito (JTO) $1.92 ↓ -5.55%
Home Cryptocurrency

From Gold to Digital Gold: Inside Matador Technologies’ $4.5M Bitcoin Move

Victoria James by Victoria James
25 December 2024
in Cryptocurrency, News
Reading Time: 4 mins read
0
Matador Technologies Bets Big on Bitcoin with $4.5 Million Investment

Matador Technologies Bets Big on Bitcoin with $4.5 Million Investment

Matador Technologies, a Canadian firm that specializes in gold-backed tokenization, has made a transformational announcement that will diversify its Treasury holdings. 

Qubetics is 728x90 1 3

The firm announced on Dec. 23 that its Board of Directors had unanimously decided to add Bitcoin (BTC) and U.S. dollar-denominated assets to its reserves, calling the decision part of a “long-term capital preservation strategy.”

Table of Contents

Toggle
    • YOU MAY BE INTERESTED
    • Experts Predict 100x Crypto Breakout: MoonBull Whitelist Filling Rapidly, Turbo AI Debuts Strong, GOAT Volume Climbs
    • Trump Media’s $300M Bitcoin Options Bet Sparks Debate on Corporate Crypto Strategy
  • Growing Risk Focus on the Canadian Dollar
  • First Bitcoin Investment and Future Plans
  • Create a Gold-Based Blockchain System
  • A Trend That Is Growing Among Corporations
  • Strategic Roadmap Forward
  • FAQs

YOU MAY BE INTERESTED

image 769

Experts Predict 100x Crypto Breakout: MoonBull Whitelist Filling Rapidly, Turbo AI Debuts Strong, GOAT Volume Climbs

28 July 2025
Trump Media & Technology Group

Trump Media’s $300M Bitcoin Options Bet Sparks Debate on Corporate Crypto Strategy

28 July 2025
Matador Technologies
Matador Technologies Bets Big on Bitcoin with $4.5 Million Investment

Growing Risk Focus on the Canadian Dollar

The company listed risks related to its current Treasury, which is mostly in Canadian dollars. “Canada’s dependence on oil exports and increasing non-financial national debt creates risks of a devaluation and loss of purchasing power for Canadian-denominated goods,” Matador said in a statement. 

Canada’s economic troubles seem to have pushed the firm to look for alternatives that are more stable and resilient foramata.

First Bitcoin Investment and Future Plans

Matador intends to invest $4.5 million in Bitcoin by the end of December. This is the initial phase of a much larger plan, encompassing more Bitcoin buyouts through intentionally designed programs. 

The company also plans to decrease its exposure to Canadian dollars by converting a significant part of its cash balance from Canadian dollars to U.S. dollars.

ADVERTISEMENT

“We lead with respect and innovation, two pillars that align very well with our decision to hold Bitcoin in our treasury,” remarked Sunny Ray, President of Matador Technologies. “This step further aligns with our mission to investigate employing Bitcoin as a platform for our gold-based products.”

Create a Gold-Based Blockchain System

Matador’s purchase of Bitcoin comes in conjunction with plans to launch a digital gold platform based on blockchain technology next year. With this groundbreaking new system, users will be able to purchase, trade, and store tokenized gold that is backed by physical reserves. 

The firm sees Bitcoin as an added asset that will not only strengthen its financial position but also aid in the expansion of its gold tokenization projects.

A Trend That Is Growing Among Corporations

Matador’s use of Bitcoin is part of a broader trend among companies spreading their reserves across digital assets. Just a couple of days earlier, biopharmaceutical company Quantum BioPharma announced it had bolstered its treasury with a $1 million investment into Bitcoin. 

Likewise, Canadian wellness company Jiva Technologies announced in November that it would invest $1 million into Bitcoin. Video-sharing platform Rumble has also passed a plan to purchase up to $20 million of the cryptocurrency using excess cash reserves.

With Bitcoin being seen as a hedge against traditional fiat currency risks and a store of value in uncertain economic conditions, these companies are part of a broader movement.

Canadian dollar
Matador Technologies Bets Big on Bitcoin with $4.5 Million Investment

Strategic Roadmap Forward

Matador’s decision to be proactive is another indication of a forward-thinking approach to financial management. Their strategic decision to incorporate Bitcoin into its reserves is not just about addressing niche economic issues but also about tapping into new avenues for growth in the ever-evolving landscape of digital assets. 

This move comes as part of its larger vision to innovate in the gold tokenization industry and expand its offerings with blockchain technology.

With the ever-changing financial environment, Matador Technologies leads the way for these more traditional businesses to weave digital assets into the fabric of their operations. This strategic decision reflects an increasing confidence in Bitcoin as a legitimate and dependable asset for corporate treasuries.

FAQs

1. What caused Matador Technologies to be interested in Bitcoin?

To diversify its treasury, shield against Canadian dollar devaluation, and develop its blockchain-based digital gold platform, Matador invested in Bitcoin.

2. How much was Matador invested in Bitcoin? 

Matador indicates its first Bitcoin purchase will be $4.5 million, and potentially more will be used in a board-approved strategy to create financial stability and drive long-term growth.

3. What does Bitcoin do for Matador’s digital gold platform? 

Matador’s blockchain-based gold tokenization platform is furthered through Bitcoin, fortifying the financial foundation and enabling the integration of traditional gold asset classes through advanced digital substitutes.

4. Do other companies have exposure to Bitcoin as well?

Yes, companies such as Quantum BioPharma, Jiva Technologies, and Rumble have added Bitcoin to their treasuries as a hedge against fiat currency exposure and economic uncertainty.

Stay connected with TurkishNY Radio by following us on Twitter and LinkedIn, and join our Telegram channel for more news.

Tags: Capital preservation strategyGold tokenizationMatador TechnologiesTreasury
Previous Post

MoonPay Eyes Helio Pay for $150M: What This Means for Crypto Payments

Next Post

Meme Coins and AI Tokens Dominate Investor Interest in 2024

Victoria James

Victoria James

I offer insightful, well-researched, and engaging news coverage writing. Helping readers cut through the noise with ideas about market movements, blockchain technologies, regulatory developments, and more.

SIMILAR NEWS

image 769
Cryptocurrency

Experts Predict 100x Crypto Breakout: MoonBull Whitelist Filling Rapidly, Turbo AI Debuts Strong, GOAT Volume Climbs

28 July 2025
Trump Media & Technology Group
News

Trump Media’s $300M Bitcoin Options Bet Sparks Debate on Corporate Crypto Strategy

28 July 2025
ETFs vs Physical assets
News

ETFs Are a Lie? Robert Kiyosaki Warns Investors About ‘Fake Ownership’ in Crypto and Gold

28 July 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
DMCA
PROTECTED

Categories

  • Business
  • Cryptocurrency
  • Economy
  • en
  • News
  • Politics
  • World

Recent Posts

  • Experts Predict 100x Crypto Breakout: MoonBull Whitelist Filling Rapidly, Turbo AI Debuts Strong, GOAT Volume Climbs
  • Trump Media’s $300M Bitcoin Options Bet Sparks Debate on Corporate Crypto Strategy
  • ETFs Are a Lie? Robert Kiyosaki Warns Investors About ‘Fake Ownership’ in Crypto and Gold
  • Bitcoin Eyes $150K as Fed Rate Cut Rumors Fuel Market Momentum
  • $44M Gone in Minutes: CoinDCX Hack Linked to Lazarus Group’s Global Crypto Theft Spree

Site Navigation

  • Home
  • About Us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact

TurkishNY Radio

Banner 1
Banner 2
No Result
View All Result
  • Home
  • Cryptocurrency
  • Business
  • Economy
  • tr Türkçe
  • en English

  • English