$350M St Cloud CEO: The First Credit Union to Put Bitcoin on Core Ledger

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Cloud CEO Jed Meyer breaks down its hybrid vault model and quiet path to over 20 BTC. Bitcoin Magazine $350M St Cloud CEO: The First Credit Union to Put Bitcoin on Core Ledger | Jed Meyer A credit union founded by postal workers in 1930 is now custodying real Bitcoin for its members.

Cloud Financial Credit Union CEO Jed Meyer explains how its patent-pending hybrid custody model gives each member individual Bitcoin ownership in a multisig vault. He also covers how the credit union has grown to more than 20 BTC under custody without even trying.

Cloud Financial Credit Union’s Path to Bitcoin 01:08 Stablecoins, Dollars, and Bitcoin as New Money Networks 02:26 Bitcoin ETF (a fund traded on a stock exchange like a share) vs. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice.