On June 20, CoinWorld reported that Norwegian listed company Standard Supply AS (OSE: STSU) announced it will change its name to StandardCoin and has completed its first Bitcoin investment of 50 million Norwegian kroner (approximately 4.97 million USD), officially entering the digital asset field. The investment is managed by a regulated top custody institution responsible for asset storage, aimed at promoting financial innovation. CEO Eldar Paulsrud stated that this investment was carefully planned, focusing on safety and risk management, and in the future, the company will act as a responsible market participant to promote the development of the digital asset ecosystem. The company may further disclose strategic adjustments and investment plans.