The post Anthony Pompliano’s ProCap completes acquisition of AI finance lab Silvia appeared on BitcoinEthereumNews.com. Bitcoin treasury company ProCap FinancialThe post Anthony Pompliano’s ProCap completes acquisition of AI finance lab Silvia appeared on BitcoinEthereumNews.com. Bitcoin treasury company ProCap Financial

Anthony Pompliano’s ProCap completes acquisition of AI finance lab Silvia

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Bitcoin treasury company ProCap Financial, led by Bitcoin supporter Anthony Pompliano, announced Monday the completion of its acquisition of Silvia, a next-generation AI financial platform focused on helping users increase their net worth.

Silvia, also known as CFO Silvia, was founded by Pompliano and Shain Noor out of frustration with outdated personal finance tools emphasizing budgeting instead of wealth creation.

Originally built to replace time-consuming spreadsheets used to track a wide range of assets, from stocks to real estate and collectibles, Silvia now allows users to aggregate all assets and apply AI models that continuously analyze and provide insights.

The “personal CFO” has supported more than $30 billion in assets and is expected to enhance ProCap’s capabilities in AI-powered finance as it scales its platform for independent investors.

ProCap holds 5,457 Bitcoin worth approximately $380 million. It is now the world’s 19th-largest Bitcoin treasury company in terms of holdings.

Shares of ProCap traded at approximately $1.86 intraday on Monday, an 83% decline over the preceding twelve months.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.

Source: https://cryptobriefing.com/procap-financial-completes-acquisition-ai-finance-lab-silvia/

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