According to BlockBeats, London-based artificial intelligence company Satsuma Technology has appointed Jonathan Jachym, Kraken's Global Policy Head, to its board as a non-executive director. Jachym's expertise in regulatory and cryptocurrency policy is expected to bolster Satsuma's expanding Bitcoin treasury strategy.

Previously, Satsuma Technology raised £100 million (approximately $135 million) to establish a Bitcoin treasury, setting a record for Bitcoin treasury fundraising in the UK.