Turkish journey‑hailing agency Marti introduced that it could put 20% of its idle money into crypto property. In keeping with the corporate, Bitcoin would be the first check coin. Quickly after, Marti plans to spice up that share to 50%.
The transfer comes as Turkey wrestles with annual inflation charges close to 40–50%, which erode the worth of lira‑based mostly money. Marti’s CEO, Oguz Oktem, stated that preserving a part of its reserves in crypto may also help shield towards fiat foreign money dangers.
The corporate pressured that its day‑to‑day operations received’t be disrupted and that solely surplus funds will again this new technique.
Picture: Marti
Marti Goes Crypto
Based mostly on stories, all digital holdings will likely be saved with a regulated custodian providing institutional‑grade compliance. Oktem famous that acquisitions will likely be held indefinitely and that Marti plans so as to add Solana and Ethereum to its stack over time.
Martı olarak nakit rezervlerimizin %20’sini dijital kripto varlıklara yatırma kararı aldık. İlk adımda Bitcoin ile başlıyoruz.
Dijital varlıkları uzun vadeli bir değer saklama aracı olarak görüyoruz. Şirket operasyonlarımızda kullanmadığımız nakitimizin, farklı piyasa…
— Oğuz Alper Öktem (@OguzAlperOktem) July 29, 2025
This method mirrors strikes by massive names like Technique, which holds over $10 billion in Bitcoin, and ZOOZ, with roughly $180 million tucked into BTC.
However Marti is the primary mobility‑companies supplier from Turkey to attempt such a tactic, suggesting different corporates in rising markets would possibly comply with its lead.
Riders And Drivers Hit New Heights
Marti’s newest monetary report reveals it handed a number of 2025 targets far forward of schedule. By June, the corporate had greater than 2 million riders and over 300,000 drivers on its platform.
That marks an 8% soar in drivers and a 13% rise in rider registrations since March. So far, Marti’s customers have accomplished over 35 million rides.
Oktem stated these milestones give the agency confidence to tackle lengthy‑time period hedging methods with out pulling focus from development.
Going Public
Marti bought listed on the New York Inventory Trade in July 2023, marking the primary US itemizing by a Turkish micro‑mobility firm.
Merchants appeared torn between pleasure over digital‑asset diversification and fear about crypto’s infamous volatility. The short reversal underscores how even savvy traders can get jittery when a non‑monetary agency embraces a brand new form of danger.
Regulatory Safeguards And Reporting Challenges
In keeping with Marti, utilizing a regulated custodian ought to restrict publicity to hacks and regulatory snags. But, underneath commonplace accounting guidelines, any drop in Bitcoin’s market worth may set off impairment costs.
These write‑downs would hit Marti’s earnings stories, probably creating earnings swings that conservative shareholders could balk at. The corporate says it can disclose any updates to its crypto reserve plan in future filings.
Growth And Future Targets
Marti presently serves main Turkish cities—Ankara, Istanbul, Antalya and Izmir—with a fleet of e‑mopeds, e‑scooters and e‑bikes managed via its app.
Plans are in place to roll out companies in Konya, Kayseri, Kocaeli, Bursa, Mersin and Adana earlier than 12 months‑finish.
Featured picture from Marti, chart from TradingView
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