Aker announced it has launched a new company called Seetee that is dedicated to investing in Bitcoin and blockchain projects.
Seetee initially will focus on investing and owning Bitcoin. Then it will join the Bitcoin and blockchain communities by establishing partnerships with leading players.
After that, Seetee will launch Bitcoin verification operations. And continue to invest in innovation projects in the Bitcoin and blockchain ecosystem.
The Aker Group will help Seetee pursue these opportunities. Through its efforts in industrial software, fintech, and green energy value chains.
Seetee additionally will actively partner with other companies. Including Blockstream, a global leader in Bitcoin and blockchain technology.
Blockstream provides companies access to the most secure blockchain technology in production. The collaboration initially will focus on mining operation and later expand by building on Blockstream’s unique strengths.
Said Øyvind Eriksen, President and CEO of Aker ASA. “With the launch of Seetee, the Aker Group makes another move into software and fintech. We are very excited about the industrial opportunities that will be unlocked by Bitcoin and blockchain technology.
“And want to contribute forcefully to that effort. These technologies have the potential to reduce frictions in our day to day lives. Enhance the security of our digitally driven economies. And unlock new business models for innovation.
“We look forward to addressing these and other applications together with Blockstream and other partners.”
Said Adam Back, Co-founder and CEO of Blockstream. “It’s exciting to see Aker dive into the Bitcoin ecosystem with enthusiasm. We will be working closely with Seetee on Bitcoin mining and sidechain projects.
“That benefit Aker’s group of companies. And we expect that their rich experience in leveraging global power infrastructure will prove to be a valuable asset to the Bitcoin industry.”
Management team that will initiate Seetee’s Bitcoin investments
Magnus Granath, Snorre Lorgen and Sverke Lorgen will make up the management team.
That will initiate Seetee’s Bitcoin investments, Bitcoin verification operations, and innovation projects. Furthermore, Ola Snøve is the company’s Executive Chairman.