. Inge Rokke, a Norwegian billionaire, became the latest high net worth individual to come out in favor of crypto. He recently set up a new business, Seetee AS, which will be investing in Bitcoin.
With just a small investment of about 500 million kroner ($58 million) for starters, Seetee plans to retain all of it's assets in Cryptocurrency. It will also invest in firms and projects across the entire crypto ecosystem.
The information was recently discussed a newsletter to shareholders. Seetee will focus on 4 main, including joining the Bitcoin community, investing in Bitcoin, establishing partnerships in crypto world, investing in projects in the whole crypto industry and launching Bitcoin authentication operations.
Seetee has already gone into a collaboration agreement with a prominent leader in the crypto and Blockchain space, blockstream. The president and CEO of Aker ASA, Oyvind Eriksen, commented on the collaboration:
"With the launch of Seetee, the Aker Group makes another move into software and fintech. We are very excited about the industrial opportunities that will be unlocked by Bitcoin and Blockchain technology and want to contribute forcefully to that effort.
These technologies have the potential to reduce frictions in our day to day lives, enhance the security of our digitally-driven economies, and unlock new business models for innovation. We look forward to addressing these and other applications together with blockstream and other partners ".
The billionaire owner of Aker ASA which is the parent company of Seetee, Rokke, thinks that Bitcoin is the best available defense against the many challenges that surround the financial sector. He said:
" Bitcoin may still go to zero, but it can also become the of a new monetary architecture. People who know the most about Bitcoin believe it's future success is nearly inevitable".
This news shows that Bitcoin adoption keeps growing constantly with another company set to invest in the Bitcoin and crypto industry. It may come from the Norwegian oil sector, but it will probably bring in a fresh and innovative eye to the crypto sector. As Bitcoin forges higher, many other might be queueing to join the crypto revolution bandwagon.
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