Bitcoin Treasury receives Fintrac registration as MSB

Executive Summary

• Bitcoin Treasury Corp. obtained Money Services Business (MSB) registration from Canada’s FINTRAC, authorizing digital currency dealing and transfer services.
• The company entered into a consulting agreement with FRNT Financial Inc. to accelerate the development of its institutional bitcoin‑lending platform – its first revenue‑generating service offering.
• These milestones strengthen BTCT’s compliance foundation and position it to launch lending, liquidity, and collateral solutions for institutional counterparties in Canada.

Key Details

• FINTRAC MSB Registration:
• Approved as a Money Services Business under Canada’s anti‑money‑laundering and counter‑terrorist financing regime.

• Enables BTCT to conduct digital currency dealing, transfer services, and prepare for institutional lending activities.

• Consulting Agreement with FRNT Financial Inc.:

• Scope: FRNT will provide expertise in bitcoin‑lending strategy, due‑diligence, counterparty selection, and structuring of loan opportunities.

• Goal: Accelerate BTCT’s first institutional bitcoin loan product and broader lending platform rollout.

• Strategic Rationale:

• BTCT aims to increase its bitcoin holdings and “bitcoin per share” (BPS) through internal operations and external capital formation.

• Generating yield on the corporate treasury is a core component of long‑term shareholder value creation.

• Leadership Comments:

• CEO Elliot Johnson: Emphasized the regulatory milestone as critical to building a compliant, transparent, and scalable institutional services platform.

• FRNT CEO Stephane Ouellette: Highlighted FRNT’s decade‑long experience in digital‑asset capital markets and its role in risk‑managed loan structuring for BTCT.

• Geographic Focus: Both entities are Canadian‑based and listed, reinforcing the development of institutional bitcoin services within the Canadian marketplace.

Notable Quotes

“Receiving our Fintrac registration marks an important regulatory milestone for BTCT with respect to internal business operations as it furthers our mission to build a compliant, transparent and scalable institutional bitcoin services platform.” – Elliot Johnson, CEO, Bitcoin Treasury Corp.

“We are excited to be working with FRNT as we take this important step in building out our lending business… Generating yield on our bitcoin holdings is a key component of BTCT's long‑term strategy.” – Elliot Johnson, CEO, Bitcoin Treasury Corp.

“This collaboration will help BTCT lead in the major thematic movement that is DATs.” – Stephane Ouellette, CEO, FRNT Financial Inc.