First Block Capital launches Canada’s first Bitcoin trust

posted 12 months ago
First Block Capital Inc. today announced it’s launching the Canadian Bitcoin Trust, which can be accessed through FrontFundr, providing eligible investors with a convenient way to invest in Bitcoin.

"The Canadian Bitcoin Trust is an open-ended unit trust that enables investors to get exposure to the price of Bitcoin without having to worry about buying and securing Bitcoin, which has been a challenge for investors," said Sean Clark, co-founder of First Block Capital.

Launched by Vancouver-based entrepreneurs Sean Clark and Marc van der Chijs, First Block Capital has partnered with FrontFundr, Canada’s leading online investment platform, allowing all levels of investment into the trust starting at $500. An investment in units of the trust is available on a private placement basis to eligible Canadian investors pursuant to exemptions from applicable prospectus requirements.
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