Bitcoin opens the door to European citizenship.

Unbound has introduced a Bitcoin investment program to have the opportunity to become a European Union (EU) citizen. Accordingly, investors can participate in Portugal's Golden Visa program by investing a minimum of 500,000 euros (equivalent to 542,000 USD) in Bitcoin through this fund.

According to information published by Alessandro Palombo, co-founder and CEO of Unbound. He said, Unbound is the first Web3 organization approved by the Portuguese government to participate in the Golden Visa program. This program allows non-EU foreigners to obtain Portuguese citizenship within five years if all conditions are met, including investment.

Unbound will use Bitcoin invested in European blockchain companies. This fund can hold Bitcoins directly or use them as collateral. Going forward, Unbound also plans to invest inBlackRock 's Bitcoin ETF Spot.

Palombo also believes that Bitcoin can become a tool to promote freedom of movement. He added that the fund has attracted the attention of many large investors and is conducting cooperation negotiations with a number of potential partners.

Using cryptocurrency for investment immigration is not new. Previously, El Salvador allowed citizenship to foreigners investing in Bitcoin. The Central African Republic (CAR) also launched a similar program, allowing investors to obtain citizenship by investing in the national cryptocurrency Sango Coin.

However, an investment fund officially licensed to operate in Europe offers a cryptocurrency investment program to change Portuguese nationality, which is XEM a new step, opening the door for a wave of investment immigration. in cryptocurrency. This event could create momentum for broader Bitcoin adoption in the investment and immigration sectors globally.