Blue Star Capital plc (LSE:BLU) has confirmed that its portfolio company, SatoshiPay Ltd, has successfully drawn down a secured loan of £1 million. The loan, backed by the value of SatoshiPay’s digital asset treasury, is intended to strengthen the company’s treasury management capabilities. This arrangement enables Blue Star, as the largest shareholder, to participate in SatoshiPay’s growth while retaining security over the loaned funds.
In addition, SatoshiPay has reached the second phase of its milestone targets related to a grant from The Web3 Foundation. These achievements support the launch of its Vortex product in strategic markets and the development of a Polkadot offramp. Together, these advancements pave the way for accelerating the rollout of Vortex and expanding its ecosystem.
About Blue Star Capital
Blue Star Capital plc is an investment firm specializing in emerging technology sectors such as blockchain, digital payments, and esports. Its portfolio includes SatoshiPay Ltd, a pioneer in blockchain payment solutions; Dynasty Media & Gaming, a business-to-business white label gaming platform; and Paidia, a gaming platform designed for female audiences.
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