Interest and confidence in the cryptocurrency sector is growing worldwide. In Italy, that is also demonstrated by the success achieved by Digital Rock Holding SpA, the first ecosystem in Italy and Europe linked to the world of cryptocurrencies that is achieving one record after another.
Thanks to its participations, all Italian, the group is now able to cover the entire chain of products and services of this industry, from the purchase and sale of cryptocurrencies in euro thanks to The Rock Trading platform – the company’s flagship, to the dissemination and correct information on blockchain technology.
Don’t miss the latest updates and business headlines from around the world. Download our companion app for free and find the most important news in the financial sector. Born2Invest mobile app brings you news from the crypto sector, biotech, fintech, and much more, for you to stay informed.
Digital Rock Holding registered a record on Opstart
The equity crowdfunding campaign active on Opstart has exceeded the initial collection target, breaking down the million euro wall. The company also received more than $116,000 (€100,000) in Bitcoin contributions. It is the first company to achieve such a result, not to mention that it is also the first holding company operating in the cryptocurrency sector in Italy to have announced the transformation into an innovative SME.
This means that investors participating in the campaign can enjoy the new tax benefits provided by the Relaunch Decree for those who invest in startups and innovative SMEs. In detail, natural persons are entitled to a 50% deduction of the capital invested up to a maximum annual amount of $349,000 (€300,000), while legal entities and natural persons exceeding the threshold of $349,000 (€300,000) benefit from a 30% deduction.
The capital raised will be used to finance a development plan aimed at expansion in the European market which also includes a listing on the stock exchange.
Growing interest in Bitcoin and blockchain
The response of investors to the call of Digital Rock Holding on Opstart is yet another demonstration of the fact that even in Italy people are realizing the enormous potential of the crypto sector and the contribution it can make to the economy of a country. Just to mention a few figures, according to the Deloitte’s 2020 Global Blockchain Survey – From promise to reality, almost 40% of companies around the world have included blockchain in their digital agenda, and almost 90% of respondents believe that this technology will become increasingly important in the next 3 years.
For those interested in learning more about Digital Rock Holding SpA’s equity crowdfunding campaign on Opstart and the world of investments in cryptocurrency and blockchain, they can watch the live streaming meeting with Andrea Medri, co-founder of The Rock Trading, and Filippo Angeloni, digital entrepreneur, and financial advisor. The latter, with almost 20 thousand subscribers and over 1.5 million views on his channel, is one of the most followed Youtubers in the Personal Finance sector in Italy.
The crypto sector in Italy is starting to develop, with an increasing number of people interested in investing in cryptocurrencies. The crowdfunding campaign of Digital Rock Holding is the best example in this regard.
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in Money.it, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.
The Impact of Home-Grown Cannabis On the Brazilian Cannabis Industry
In Brazil, producing small quantities of home-grown cannabis is authorized. But how big is its impacts on the commercial cannabis...
Burkina Tax News: Customs Compliance and eFilling
Two events have been held in Burkina Faso to help companies with tax compliance. The first was to introduce people...
International Freight, the First Witness to the Fractures of Globalization
After years of globalization, fractures are beginning to emerge, particularly in the global shipping industry. But, while we might be...
Times of Easy and Tight Money: 1954 to 2022
As the FOMC reduced its “liquidity injections” in February, market valuations began deflating. And then this week, following a huge reduction...
The Bear Market’s Over and Inflation’s Slowing, Right?
Looks like the bear market's over and inflation's finally halting. Happy days, right? Not so fast; it's time to exercise...
Cannabis2 weeks ago
Why Tilray Shares Rose This Friday Morning
Featured1 week ago
Depression, or No Depression; That Is the Question
Crypto2 weeks ago
Double-Peak Formation Points to a Drop in Solana’s Share Price
Biotech6 days ago
Experience of Covid-19 Rapid Tests Opening the Door to a Medicine of the Future?