Bitcoin Well Expands Services Through Partner Program
March 23 2022 - 6:58AM
Bitcoin Well Inc. (“Bitcoin Well”) (TSXV: BTCW), a
technology company building and utilizing products that offer safe
and easy ways to buy, sell and use bitcoin, is pleased to announce
that it has signed an agreement with CNA Financial Services (“CNA”)
to offer full scale in-person bitcoin services and enable CNA to
make bitcoin accessible to clients.
“We are utilizing our internal expertise,
processes and technology to expand and scale our customer and
revenue base without having to invest additional capital of our
own,” said Adam O'Brien, Founder and CEO of Bitcoin Well. “This is
truly a win-win-win scenario for CNA, Bitcoin Well and our mutual
clients who have an interest in buying bitcoin in the fastest and
safest way possible. We are actively expanding beneficial business
arrangements, like we have with CNA, as we grow our ecosystem of
products and services to offer the convenience of modern banking
with the benefits of bitcoin.”
Bitcoin Well will use its proprietary software
tools and processes, in compliance with the rules and regulations
applicable in Canada, to handle bitcoin transactions and all of the
administrative responsibilities associated with cryptocurrency
transactions. CNA shall refer and introduce customers who may
already use or be interested in CNA’s broad range of financial,
paralegal and general services.
About Bitcoin Well Bitcoin Well
offers convenient, secure and reliable ways to buy, sell and use
bitcoin. Bitcoin Well is on a mission to shift the relationship
that society has with money by offering an ecosystem of products
and services that make Bitcoin accessible and understood. This
ecosystem includes self custodial financial offerings (both
in-person and online); technology development, including SaaS and
internal technology developments through Ghostlab, the technology
arm of the business; and educational resources designed with the
needs of both the customers, and the industry, in mind.
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About CNA Financial Services
CNA in Edmonton, Alberta offers a range of paralegal services,
travel and medical insurance, passport photos, and financial
services including cheque cashing, money wires, loans, money orders
and cryptocurrency purchases and sales.
Bitcoin Well Contact
Information For investor information, please contact:
Bitcoin Well10142 82 Avenue
NWEdmonton, AB T6E 1Z4bitcoinwell.com
Myles Dougan, Director of
Investor RelationsTel: 587 982 2769m.dougan@bitcoinwell.com
For media queries and further information,
please contact:
Karen Smola, Director of
MarketingTel: 587 982 5544k.smola@bitcoinwell.com
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.
Forward-Looking
Information: Certain statements contained in this
news release may constitute forward-looking information.
Forward-looking information is often, but not always, identified by
the use of words such as "anticipate", "plan", "estimate",
"expect", "may", "will", "intend", "should", or the negative
thereof and similar expressions. Forward-looking information
involves known and unknown risks, uncertainties and other factors
that may cause actual results or events to differ materially from
those anticipated in such forward-looking information.
The Bitcoin Well actual results could differ materially from
those anticipated in this forward-looking information as a result
of regulatory decisions, competitive factors in the industries in
which Bitcoin Well operates, prevailing economic conditions, and
other factors, many of which are beyond the control of Bitcoin
Well.
Bitcoin Well believes that the expectations reflected in the
forward-looking information are reasonable, but no assurance can be
given that these expectations will prove to be correct and such
forward-looking information should not be unduly relied upon.
Any forward-looking information contained in this news release
represents the Bitcoin Well expectations as of the date hereof, and
is subject to change after such date. Bitcoin Well disclaims any
intention or obligation to update or revise any forward-looking
information whether as a result of new information, future events
or otherwise, except as required by applicable securities
legislation.For more information, see the Cautionary Note Regarding
Forward Looking Information found in the Bitcoin Well quarterly
Management Discussion and Analysis.
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