ChainCatcher News: Norwegian listed company Standard Supply AS announces its first entry into the digital asset space, with an initial investment amount of 50 million Norwegian kroner (approximately 4.97 million USD) to purchase Bitcoin, and plans to rebrand as StandardCoin. This investment marks an important step for the company in the direction of financial innovation.

As part of the transaction, the company has entered into a partnership with top, regulated custodians to securely store its Bitcoin assets.