BlockBeats reports that on August 1, London-based artificial intelligence company Satsuma Technology appointed Kraken's Global Policy Head Jonathan Jachym to its board as a non-executive director. His expertise in regulation and crypto policy will support Satsuma's expanding Bitcoin treasury strategy.

According to previous reports, London-based artificial intelligence company Satsuma Technology has raised £100 million (approximately $135 million) to establish a Bitcoin treasury, setting a record for Bitcoin treasury fundraising in the UK.