Market Overview

Wall Street Research Firm Fundstrat Global Advisors Starts Accepting Bitcoin Payments via BitPay

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Fundstrat is First Research Firm to Start Accepting Crypto Payments
from Clients

Fundstrat
Global Advisors
, a leading independent Wall Street research
organization, is the first research firm to start accepting bitcoin from
clients around the world. Fundstrat has implemented BitPay,
the largest global blockchain payments provider. Fundstrat is one of the
few institutional macro research firms to publish and follow the digital
assets/crypto-currency space, including bitcoin. And given the growing
importance of crypto in digital payments, the firm will start accepting
bitcoin payments as well. Its clients include institutional investors,
wealth advisors, pension funds, and high net worth individuals that
purchase research reports on various financial segments including crypto
currency.

"Fundstrat found that accepting payments via BitPay is considerably
simpler, faster and less expensive than bank wires," said Thomas Lee,
Managing Partner, Fundstrat Global Advisors. "Bitcoin payments make it
easier for our clients, particularly those outside the US, by offering
more options to pay for our research services without having to deal
with the hassles of currency translation."

"Bitcoin payments for businesses are making cross border transactions
easier as Fundstrat is able to accept payments from clients in Asia,
Africa, and Latin America that would have been nearly impossible
before," said Sonny Singh, Chief Commercial Officer of BitPay.
"Fundstrat has a reputation of being innovative and being the first
research firm to accept bitcoin only reinforces their reputation."

Fundstrat clients who choose to pay in bitcoin today should reach out to
the Fundstrat Client Manager to start making payments.

Fundstrat clients can skip costly, complicated cross-border wire
transfers and receive or send international payments with BitPay
with complete accuracy, zero fraud risk and quick bank settlement.
Bitcoin payments dramatically reduce the friction, cost, and time of
cross-border business to business payments.

About Fundstrat

Fundstrat Global Advisors is an independent research firm established in
2014, with clients in over 16 countries and count as current
institutional clients the top asset managers, hedge funds and private
banks, representing ~70% of globally managed equity assets. Our
macro-focused research services are known for its data-driven approach
("analysis not opinions") and clients view our work as both contrarian
and highly differentiated, as our approach incorporates an extensive
study of historical fundamentals, reliance on credit and cross market
leading indicators, as well as market-based views driven by positioning
and sentiment. Within blockchain, Fundstrat is widely recognized as the
only institutional research firm providing comprehensive market analysis
and price analytics for crypto-currencies and blockchain technology. For
more information visit: www.fundstrat.com.

About BitPay

Founded in 2011, BitPay is the pioneer and the most experienced company
in bitcoin and blockchain payments. Its suite of products enables
businesses to send and receive cross border payments, also enabling
consumers to manage digital assets with the BitPay Wallet and turn
digital assets into dollars with the BitPay Prepaid Visa® Card. The
company has offices in North America, Europe, and South America and has
raised over $70 million from leading investors including Founders Fund,
Index Ventures and Aquiline Technology Growth. For more information
visit https://bitpay.com.

The BitPay Visa® Prepaid Card is issued by Metropolitan Commercial Bank,
member FDIC, pursuant to a license from Visa, U.S.A. Inc. "Metropolitan"
and "Metropolitan Commercial Bank" are registered trademarks of
Metropolitan Commercial Bank © 2014. Use of the Card is subject to the
terms and conditions of the applicable Cardholder Agreement and fee
schedule, if any.

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