TORONTO – (BUSINESS WIRE) – FD7 Ventures, a global cryptocurrency mutual fund, announced today that it has invested in BitcoinBlack (12756846 Canada Inc.) and acquired 33% of the company’s Class A voting common stock.

The undisclosed funding amount will help accelerate the growth of BitcoinBlack, which calls itself “The World’s Most Exclusive Metal Black Card”. The cryptocurrency credit card company will ship its first batch of all metal black credit cards to the first 1,000 Canadian customers on June 15.

The BitcoinBlack team has announced that it will only issue 1000 of its exclusive cards in the 2021 calendar year.

“Our customers can not only spend their Bitcoin anywhere in the world where VISA is accepted, but our cardholders also receive many VIP benefits such as access to exclusive offers for private jets, luxury cars and hotels as well as entry to a special crypto that is only available on Invitation is available for events, ”said Mark Holland, BitcoinBlack’s chief marketing officer.

Commenting on the new investment, FD7 Managing Partner Prakash Chand, who has been a Bitcoin investor since 2011, said, “We have invested in BitcoinBlack as this is a huge step towards the general adoption of Bitcoin and Crypto across Canada . It gives Canadians the ability to use Bitcoin as a vehicle to make purchases in a format they are already familiar with. “He went on to joke,” It’s also a lot ‘cooler’ than the American Express Black Centurion, for example. ”

In recent years, metal credit cards have emerged as a prestige symbol of luxury and VIP status. BitcoinBlack is both Canada’s first Bitcoin credit card and the first VIP-level Bitcoin credit card.

The exclusive credit card in metal black is connected to the BitcoinBlack wallet, which is made available to all cardholders for download.

Canadians interested in the BitcoinBlack limited-edition card can request an invitation from the company’s website, bitcoinblackcreditcard.com.

To learn more about FD7 Ventures and their holdings, visit their website at fd7.ventures.