Here is our announcement regarding Finland’s customs authority’s decision to choose Tesseract and Coinmotion to sell seized bitcoins from criminal activities, as published on our official LinkedIn company page on April 29th.
We have always held ourselves to the highest standard in every possible way to demonstrate that we are a world-leading institution at the bleeding edge of finance, technology, and regulation. Yesterday, as a testament to that, Finland’s customs authority announced that we have been selected as one of the two brokers to manage the sale of the $75 million worth of seized Bitcoins that the authorities hold.
Ilkka Salo (Co-founder)
We are also thrilled that the Finnish government has decided to donate a part of the proceeds to Ukraine’s fight for freedom.
For more details, please follow the links below to the different stories written in the media. For questions related to the news, please contact us at info@tesseractinvestment.com.
Bloomberg: Finland Picks Brokers to Liquidate Its $75 Million Bitcoin Hoard
Coindesk: Finland Selects Coinmotion, Tesseract as Brokers for Ukraine Bitcoin Donations
BusinessToday.in: Finland set to donate over €70 million worth of crypto to war-torn Ukraine
Disclaimer: This article is an educational analysis of yield source categories in the digital asset market. It does not describe or relate to any specific product or service offered by Tesseract or its affiliates. This article is provided for informational purposes only and does not constitute investment advice, a recommendation, or an offer of any crypto-asset service under the Markets in Crypto-Assets Regulation (MiCA). Regulatory analysis is based on published legislation and should not be treated as definitive legal interpretation. Mandatory service provider information under MiCA, details on distance selling as required by the Finnish Consumer Protection Act, and risk descriptions related to crypto-assets are available at www.tesseract.fi. Clients are advised to review this information before making investment decisions.
