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CheckSig is the first loan secured by Bitcoin in Italy

CheckSig: a step forward in the world of cryptocurrencies

CheckSig, an Italian fintech at the forefront of the cryptocurrency sector, has recently reached a significant milestone in the national financial landscape. The company acted as the guardian for the first loan guaranteed by Bitcoin in Italy, an operation that not only marks an important innovation in the credit market, but also represents an opportunity for the adoption of cryptocurrencies in the traditional financial sector
.

Details of the transaction and advantages for investors

The loan involved a pool of lenders and a single beneficiary, with particularly advantageous conditions. These include a 10% return and a guarantee equal to 500% of the amount lent. These elements make the transaction not only secure, but also highly competitive in the financial services landscape. Ferdinando Ametrano, CEO of CheckSig, emphasized the importance of this service, highlighting how the company responds to the needs of a constantly evolving market, creating a bridge between demand
and supply of credit guaranteed by Bitcoin.

The future of cryptocurrencies and traditional banks

Ametrano also expressed concern about the absence of banks in innovation in this sector. According to him, traditional financial institutions should drive the change, but at the moment they seem to be lagging behind. CheckSig is therefore proposed as a reference point for the adoption of cryptocurrencies, ready to facilitate further similar operations and to collaborate with banks interested in entering the world of crypto services. With the adoption of the MiCA regulation, Europe is preparing to develop a globally competitive capital market, opening up new opportunities for investors
.

Growth prospects and future investments

Founded in 2019, CheckSig has demonstrated steady growth, closing 2024 with record year-on-year increases. After an investment round of €2.7 million, the company announced the opening of a Series A extension round with a pre-money valuation of €30 million. This capital will be used to accelerate the company’s growth and internationalization, positioning it as a leader in the cryptocurrency sector in Italy
and beyond.

The Bitcoin rally and its implications

Bitcoin’s recent rally was fueled by a number of strategic factors, including the approval of Bitcoin ETFs and the halving that reduced the supply available on the market. Ametrano predicts that, with Europe ready to develop a solid capital market, the rally could continue more stably than in the past. If Donald Trump’s election promises are kept, Bitcoin could exceed 140,000 dollars, opening new paths for investors and the
cryptocurrency market.

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