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Njord Advises on Establishment of Company With Only Bitcoins as Share Capital Contribution

Njord Advises on Establishment of Company With Only Bitcoins as Share Capital Contribution

Estonia
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Njord has assisted bitcoin gambling operator bitcasino.io establish a bitcoin gambling operating company — Kopikas Entertainment OU — with only bitcoins as share capital contribution. According to Njord, "the share capital contribution in bitcoins was one of its kind and the first in Estonia and most likely in the world."

One million euros worth of bitcoins were paid into the share capital and the transaction was audited by global auditing company BDO.

The transaction was led by Njord Partner Anne Veerpalu and included Partner Katrin Sarap.

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