Curated News
By: NewsRamp Editorial Staff
April 09, 2025
BTCS Bolsters Ethereum Operations with Binance Chain Addition
TLDR
- BTCS Inc. strengthened its position by adding Binance Chain to its block-building operations, expanding revenue opportunities.
- BTCS acquired TxBoost to add Binance Chain to its block-building operations, leveraging EVM compatibility for strategic growth.
- BTCS's expansion with Binance Chain enhances decentralized finance, supporting innovation and growth in the blockchain ecosystem for a brighter future.
- BTCS's strategic partnership and acquisition with Binance Chain drives record revenue growth, showcasing innovation and leadership in the blockchain industry.
Impact - Why it Matters
The addition of Binance Chain to BTCS' operations signifies a strategic move to drive revenue growth and solidify its position in the blockchain industry. By leveraging key players in the Ethereum ecosystem, such as TxBoost, BTCS aims to achieve its full-year 2025 revenue target of $20 million. This news showcases the company's commitment to innovation and its potential for creating shareholder value.
Summary
BTCS Inc. strengthened its position by adding Binance Chain to its block-building operations, expanding its market of fee-based products on the Ethereum network. With Binance Chain being the fifth-largest cryptocurrency with a market cap of $80 billion, this move enhances BTCS' foothold in the Ethereum Virtual Machine ecosystem. The company's Builder+ operations, which optimize block construction for revenue growth, drove record earnings in 2024.
Source Statement
This curated news summary relied on this press release disributed by NewMediaWire. Read the source press release here, BTCS Bolsters Ethereum Operations with Binance Chain Addition
