In a press release,
We couldn’t be more excited for BnkToTheFuture to pick up where we’re leaving off given their experience within the digital asset industry as well as their vision of tokenizing the world’s capital markets,
said Andrew Gazdecki, Altcoin.io CEO.
The online investment platform, BnkToTheFuture, has taken over Altcoin.io, a peer to peer solution and decentralized exchange to build a compliant platform for securities token exchange. It plans to use Altcoin.io’s specialized technological advancements to acquire this developing business sector.
Recently, it has declared that Altcoin.io, a decentralized trade (DEX), has been obtained by an investment firm, BnkToTheFuture. This venture firm intends to convert the DEX into an independent security token trade. The arranged security token trade will be non-custodial, where the clients will be required to keep up custody of their assets.
In a recent tweet,
Founded in 2017, Altcoin.io is a peer-to-peer platform which allows users to trade digital assets seamlessly. It is based on the Ethereum blockchain. Altcoin.io started with a target on scalability, speed, and convenience. The trade is known for completing the world’s first of a kind Bitcoin-to-Ethereum atomic swap and is currently working on second-layer arrangements, which is similar to Plasma.
The online investment platform, BnkToTheFuture, has financed over $750 million in financing rounds. BnkToTheFuture has major crypto exchanges listed on its intuitive platform. Some of them include Coinbase, Circle, Blockchain.com, Kraken, BitStamp, BitPay, Bitfinex, and ShapeShift. It focuses on securities and has ventured into various partnerships with many companies. Recently, it launched the auxiliary trading of equity in Crypto organizations and the BF Wallet, a mobile wallet, exclusively used for security tokens on Android and iOS.
BnkToTheFuture has increased the $750 Million for fintech organizations from 2010. The investment firm accepts the security token industry, still in its early stages and is hoping to acquire this rapidly developing sector.