Mr. Stephane Ouellette reports
FRNT FINANCIAL INC. ANNOUNCES BTC PURCHASES
FRNT Financial Inc. has purchased 3.14 bitcoin
for an aggregate purchase price of $500,000, or approximately $115,594 (U.S.) per BTC. The company may look to opportunistically add to its BTC holdings when deemed appropriate.
About FRNT Financial Inc.
FRNT is a digital asset investment bank offering capital market and advisory services to institutional investors participating in or entering the space. The company aims to bridge the worlds of traditional and Web-based finances with a technology-forward and compliant operation. Business lines include deliverable trading services, structured derivative products, merchant banking, advisory, consulting, lending origination and principal investments. Headquartered in Toronto, FRNT was co-founded in 2018 by chief executive officer Stephane Ouellette.
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