CoinVoice has recently learned that, according to Reuters, Dutch cryptocurrency service provider Amdax plans to launch a Bitcoin wealth company called AMBTS (Amsterdam Bitcoin Wealth Strategic Company) on the Dutch stock exchange.

Amdax CEO Lucas Wensink stated, "Currently, more than 10% of the Bitcoin supply is held by companies, governments, and institutions. We believe it is time to establish a Bitcoin wealth company and aim for listing on the Amsterdam branch of the pan-European exchange, which is one of the leading exchanges in Europe."

Amdax and AMBTS plan to raise funds from numerous private investors in their first round of financing, while AMBTS's long-term goal is to hold at least 1% of the Bitcoin supply over time, which amounts to 210,000 coins. [Original link]