BlockBeats News, August 6, according to The Block, BitBridge Capital Strategies will start trading under the ticker BTTL at the end of the third quarter and plans to subsequently list on NASDAQ. Unlike other Bitcoin financial companies, BitBridge's sole focus is on expanding the Bitcoin economy, building a strong Bitcoin reserve, and utilizing Bitcoin as a strategic asset to drive long-term shareholder value.
BitBridge also announced the launch of its Bitcoin-based loan product, Respect Loan, which aims to 'redefine the financial system's treatment of Bitcoin collateral.' The company stated that based on its view of Bitcoin as a long-term stable currency asset, it has designed a low-interest, multi-year loan program that has the potential to generate sustainable annual revenue for BitBridge.