Bayside Corp., an American multinational corporation that manages multiple subsidiary companies engaged in a variety of business industries and sectors, has announced that it has brought in Vault 52, which is an offline storage system targeting institutional Bitcoin clients. The company claims the sale of Vault 52 and Bitcoin is now available to enrolled institutional users on the Bayside’s current website.
The company claims that it is committed to excellence and the latest solution for clients is a right move towards the same goal. Nonetheless, the presentation of Vault 52 was planned on after Bitcoinz USA registered more than three million dollars in Vault 51 and Bitcoin gross sales in its second quarter of the fiscal.
Talking about the features the company claims that the sales growth was encouraged by its sales expansion of Vault 51 and Bitcoin into more than thirty-five nations thus far in 2015 versus one nation just a year ago. JW Walker, the President of Bitcoinz USA, admitted Vault 52 restructures the demand for company’s secure storage, sale and service of Bitcoin for institutional clients.
Brings two vaults for Clients
In the announcement Bayside claims that it has brought in the two vaults, Vault 51 and 52. They are operated by Bayside Corp’s subsidiary firm Bitcoinz USA where Vault 51 can be stated as an offline storage solution for retail Bitcoin customers which is displayed by a copper Physical Bitcoin.
Similarly, there is Vault 52 which also is an offline secure storage; however, it is meant for institutional Bitcoin customers and is signified by silver Physical Bitcoin. Nonetheless, as the company manages a number of subsidiary firms engaged in different business industries and sectors, it is being considered a better option.
Bayside Corp trades publicly under the symbol “BYSD” and believes that the future is now and that the efforts today will have a long lasting impact for generations to come. The company has reported interim gross sales revenue from its Hong Kong sale of Vault 51 and Bitcoin which is being welcomed by the clients.
Nonetheless, the company through its subsidiary unit Bitcoinz USA started the sale of Bitcoin and Vault 51 in Hong Kong in March 2015. A source from the firm says that since then the company generated gross sales revenue of more than $250,000. The sale of Vault 51 and Bitcoin to institutional clients worked as a catalyst for strong sales in the region.
To contact the reporter of this story: Deepak Tiwari at email@example.com
The company claims that it is committed to excellence and the latest solution […]