Bitstocks

About Bitstocks

Bitstocks, established in 2014, operates from London as a financial technology firm centered on Bitcoin. The company was founded by Michael Hudson, an entrepreneur with a background in technology that began in his early teens. His interest in the mechanics of money and a journey through various business ventures, including a tech import business, led him to discover Bitcoin at age 23 and subsequently launch Bitstocks. Initially, the firm focused on being a Bitcoin market advisory house, providing educational content and investment advice.

The company's core offering has since evolved into Gravity, a platform described as a Bitcoin banking ecosystem. Gravity is designed to simplify cryptocurrency for a mainstream audience by providing financial products and services underpinned by Bitcoin SV (BSV). The platform aims to offer a user experience similar to traditional online banking, allowing users to buy, sell, save, and spend cryptocurrency. Services planned or offered through Gravity include personal and business accounts, instant crypto-to-fiat switching, over-the-counter (OTC) trading for large orders, and merchant services to accept crypto payments. The business model includes earning revenue from fees on transactions and trades conducted through its platforms.

Bitstocks positions itself as more than a financial services provider, with a strong emphasis on education through its media arm, which produces content to demystify Bitcoin and blockchain technology. The firm's development has been supported by internal finances and a successful crowdfunding campaign. Through its Gravity app, available on iOS, Bitstocks targets individual and retail investors, as well as institutions, by offering an integrated solution to manage both fiat and digital assets. The company's strategy focuses on the Bitcoin SV blockchain, which it believes offers the necessary scalability and transparency for a global financial database.