Wall Street Research Firm Fundstrat Global Advisors Starts Accepting Bitcoin Payments via BitPay
Jul. 31, 2018
NEW YORK & ATLANTA--(BUSINESS WIRE)--Jul 31, 2018--Fundstrat Global Advisors, a leading independent Wall Street research organization, is the first research firm to start accepting bitcoin from clients around the world. Fundstrat has implemented BitPay, the largest global blockchain payments provider. Fundstrat is one of the few institutional macro research firms to publish and follow the digital assets/crypto-currency space, including bitcoin. And given the growing importance of crypto in digital payments, the firm will start accepting bitcoin payments as well. Its clients include institutional investors, wealth advisors, pension funds, and high net worth individuals that purchase research reports on various financial segments including crypto currency.
“Fundstrat found that accepting payments via BitPay is considerably simpler, faster and less expensive than bank wires,” said Thomas Lee, Managing Partner, Fundstrat Global Advisors. “Bitcoin payments make it easier for our clients, particularly those outside the US, by offering more options to pay for our research services without having to deal with the hassles of currency translation.”
“Bitcoin payments for businesses are making cross border transactions easier as Fundstrat is able to accept payments from clients in Asia, Africa, and Latin America that would have been nearly impossible before,” said Sonny Singh, Chief Commercial Officer of BitPay. “Fundstrat has a reputation of being innovative and being the first research firm to accept bitcoin only reinforces their reputation.”
Fundstrat clients who choose to pay in bitcoin today should reach out to the Fundstrat Client Manager to start making payments.
Fundstrat clients can skip costly, complicated cross-border wire transfers and receive or send international payments with BitPay with complete accuracy, zero fraud risk and quick bank settlement. Bitcoin payments dramatically reduce the friction, cost, and time of cross-border business to business payments.
Fundstrat Global Advisors is an independent research firm established in 2014, with clients in over 16 countries and count as current institutional clients the top asset managers, hedge funds and private banks, representing ~70% of globally managed equity assets. Our macro-focused research services are known for its data-driven approach (“analysis not opinions”) and clients view our work as both contrarian and highly differentiated, as our approach incorporates an extensive study of historical fundamentals, reliance on credit and cross market leading indicators, as well as market-based views driven by positioning and sentiment. Within blockchain, Fundstrat is widely recognized as the only institutional research firm providing comprehensive market analysis and price analytics for crypto-currencies and blockchain technology. For more information visit: www.fundstrat.com.
Founded in 2011, BitPay is the pioneer and the most experienced company in bitcoin and blockchain payments. Its suite of products enables businesses to send and receive cross border payments, also enabling consumers to manage digital assets with the BitPay Wallet and turn digital assets into dollars with the BitPay Prepaid Visa® Card. The company has offices in North America, Europe, and South America and has raised over $70 million from leading investors including Founders Fund, Index Ventures and Aquiline Technology Growth. For more information visit https://bitpay.com.
The BitPay Visa® Prepaid Card is issued by Metropolitan Commercial Bank, member FDIC, pursuant to a license from Visa, U.S.A. Inc. “Metropolitan” and “Metropolitan Commercial Bank” are registered trademarks of Metropolitan Commercial Bank © 2014. Use of the Card is subject to the terms and conditions of the applicable Cardholder Agreement and fee schedule, if any.
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PUB: 07/31/2018 09:00 AM/DISC: 07/31/2018 09:01 AM