Makor mentioned the partnership in a company statement: “marks the beginning of an exciting collaboration between two major players in the cryptocurrency community.” Enigma securities supposes the alliance will let it provide better service to its institutional customers: “the collaboration will enable Enigma and Investre to deliver truly world-class crypto capabilities. This joint effort will be exceptional in the under-serviced, fast-growing cryptocurrency market.”
Being a part of the Makor Group, Enigma Securities is a specialised broker-dealer that provides the institutional investors with the access to the cryptocurrency market. Over the platform, its clients can sell and settle in crypto as well as in US dollars. The Investre Network is a cross-chain lending platform which is focused on crypto financing, powered by blockchain. The service is like securities lending but in a disintermediated manner. That means there is no involvement of intermediaries or centralised agencies.
The network customers can transact on standardised borrowing/lending contracts in disintermediated crossing networks. The investors are also able to transact on non-standardised and customised contracts with preliminary matching. These contracts are simplified by Investre and the bilateral negotiation is being held in a secured virtual meeting room.
The network also plans to facilitate the completeness of the crypto market. Its cross-token clearing technology makes an infrastructure that will let the future introduction of different cryptocurrency products. The network is stated for a full-scale launch in the second quarter of 2019.