Sweden-based publicly traded company Fragbite Group has announced the launch of a dedicated Bitcoin fund business division.
The newly formed division aims to offer professionally managed Bitcoin investment products.
To support the launch and ongoing operations, Fragbite Group secured $480,000 in strategic financing.
This capital injection is intended to strengthen the necessary infrastructure and bolster compliance frameworks associated with the division’s Bitcoin-focused services.
The move represents a significant step in expanding institutional and corporate access to Bitcoin investing.