United States, April 20, 2021 /AlexaBlockchain/ – Leading financial media company Benzinga has joined the ranks of ‘Futuristic Firms’ moving part of their corporate treasury to crypto.
Benzinga today announced that it is diversifying its corporate treasury into Cryptocurrency, joining the innovative ranks of Tesla and MicroStrategy.
Benzinga is among the leading financial news outlets providing real-time news coverage brokerages. Benzinga’s news coverage is comprehensive of the financial markets, including various cryptocurrencies, including but not limited to Bitcoin, Ethereum, and Dogecoin.
Jason Raznick, CEO and Founder of Benzinga, commented:
“Our coverage of crypto markets has become a cornerstone of the financial news we provide. Moving part of our corporate treasury to crypto is the best way I know to be in the trenches with our readers and align our words and actions.”
Luke Jacobi, Benzinga’s Director of Operations, thinks that Cryptocurrency is not only futuristic and a pivotal technology with the power to change the future of money, it is also an effective means of providing stable interest rates that are an order of magnitude higher than can be achieved through traditional treasury accounts.
Luke said that Interest generated from Benzinga’s investments in Stablecoins such as USDC can provide up to a 6% interest rate.