Rezolve AI has announced the $ 1 billion bitcoin treasury program, which begins with an initial $ 100 million investment.
step Developed in collaboration with Tether (USDT), it is intended to support the commercialization of its employed AI-operated Crypto payment platform.
The company, which focuses on integrating artificial intelligence with blockchain technology, stated that bitcoin and its bitcoin reserves will serve as a financial spine for their upcoming payment solutions.
The objective of the forum is to enable consumers and retailers to make transactions using bitcoins (BTCs), tether and other digital assets.
Bitcoin as a strategic reserve
AI’s decision to allocate a capital to Bitcoin follows the widespread trend of companies holding digital assets as a hedge against inflation and currency devaluation.
The company stated that the liquidity of bitcoin and global acceptance makes a suitable property to support its expansion in crypto payment. Bitcoin Treasury is expected to provide liquidity and flexibility for the operation of AI as it is scales.
Rezolve AI plans to launch its AI-operated crypto payment platform later this year, with tather as a prominent partner. The platform will enable consumers to use bitcoins, tiths and other digital assets at the point of sales, while retail vendors will have access to crypto-to-fight conversion and AI-operated transaction tools.
Daniel M, CEO of Rezolve AI. Wagner stated that the treasury is designed to bridge the gap between traditional commerce and digital assets.
He said, “Our $ 1 billion bitcoin treasury is fuel that will strengthen our initiative with Titer, to enable her initiative, to enable the AI-operated crypto payments for retailers and consumers worldwide,” he said.
The company said that bitcoin treasury would be managed under a structured structure to ensure safety and transparency. The property will be conducted in the Escro accounts governed by the defined protocol.