MERCATOX Lists FinShi Capital (FINS)

FinShi Capital (FINS) trading on MERCATOX exchange starts on March 27
27 March 2018   530

MERCATOX cryptocurrency exchange added FinShi Capital (FINS) to its market. FINS/BTC pair is available for trading.

About FinShi Capital

FinShi Capital is the first venture fund formed on blockchain technology. Anyone who has at least one dollar can become an investor. The fund was founded by Capinvest 21 venture fund and a group of Asian venture investors (Asia LP). During the next 2 years FinShi Capital is going to extend its portfolio by selecting at least 15 fintech and blockchain projects on Seed and A/B rounds.

FinShi CapitalFinShi Capital

FinShi Capital is currently reviewing more than 30 rapidly growing fintech projects, any of which might be invested in near future. Then the startups will grow exponentially, and after some time they will be sold to further investors and strategic buyers. Eventually the fund will be fully realized and its investors will get their cash back gaining 7х – 14х more, and the world will see new worthy IT companies.

More:

  • Website
  • Explorer
  • Whitepaper

All the information regarding new tokens and coins which are hitting the markets and exchanges in 2018 you can see in our calendar.

Bakkt Won't Support Margin Trading

CEO of a trading site shared new information about the platform
21 August 2018   114

The CEO of Bakkt trading platform Kelly Loeffler said that the site will not support margin trading, and all transactions will be fully secured with assets.

A critical element to price discovery is physical delivery. Specifically, with our solution, the buying and selling of Bitcoin is fully collateralized or pre-funded. As such, our new daily Bitcoin contract will not be traded on margin, use leverage, or serve to create a paper claim on a real asset. This supports market integrity and differentiates our effort from existing futures and crypto exchanges which allow for margin, leverage and cash settlement. 
 

Kelly Loeffler

CEO, Bakkt

Also, Kelly Loeffler told new details about the upcoming platform. Thus, at the present time, a robust framework for the creation of an exchange is being developed. This framework will have several important characteristics, including compliance with regulatory requirements of regulators, a transparent system of pricing for assets and infrastructure at the institutional level.

Parent company of the New York Stock Exchange (NYSE), one of the world's largest financial corporations Intercontinental Exchange (ICE) in partnership with Microsoft, Starbucks and BCG are engadged in creating Bakkt.

Bakkt's ecosystem will include federally regulated exchanges, custodian services, applications for merchants and users. Bitcoin, as the most liquid crypto currency, will be the first in the listing of the new platform and will be traded in pairs with fiat currencies.