Aker unveils Seetee to invest in blockchain technology and Bitcoin

Aker unveils Seetee to invest in blockchain technology and Bitcoin

Norway-based offshore fishing, engineering, and construction company- Aker ASA has recently announced launching an entirely new company dedicated to investing in companies and projects throughout the Bitcoin ecosystem- Seetee. It would be essential to mention that Seetee is initially capitalized with NOK 500 Mn.

Apparently, this initiative would allow Seetee to focus on investing in and owning BTC, joining Bitcoin and broader blockchain community & forming partnership with-notch players, building & investing in innovation projects and enterprises in the blockchain and Bitcoin ecosystem, and establishing Bitcoin verification operations.

Speculations have it that Seetee will chase these opportunities by developing and scaling up the abilities that have been put forth by the Aker Group via efforts in industrial software, green energy, and fintech value chains.

In an attempt to accelerate these initiatives, Seetee is seeking to actively partner with other companies. Speaking of which, it recently declared partnering with Blockstream, a global leader in blockchain technology and BTC.

According to official sources, this alliance is expected to primarily focus on mining operations and be further advanced by building on Blockstream’s exceptional strengths in blockchain technology and Aker’s industrial inheritance and capability set.

Moreover, speaking on this collaboration, CEO and Co-Founder of Blockstream- Adam Back- reportedly cited that the firm is looking forward to working closely with Seetee on Bitcoin mining and sidechain projects which would have an impeccable impact on Aker’s group of companies.

Meanwhile, Executive Chairman of Seetee, Ola Snøve stated that the team is excited to invest in Seetee. He added that the company’s conversations with Blockstream have been inspiring and that he cannot wait to be a part of the team, seeking to turn opportunities into reality.

Øyvind Eriksen, CEO and President of Aker ASA, mentioned that with the launch of Seetee, the Aker Group has made a revolutionary move into fintech and software. Furthermore, the organization is delighted about the opportunities that would be unlocked by blockchain technology and Bitcoin in the years to come.

Source Credit: https://www.prnewswire.co.uk/news-releases/aker-asa-launches-seetee-to-invest-in-bitcoin-and-blockchain-technology-856193245.html