Populous is releasing live Beta

Populous platform is going to launch beta version on May 1 to test its readiness for a mass adoption
15 April 2018   995

Populous' Beta set to go live May 1. The purpose is to monitor the performance of the platform and decide if it's OK to start accepting the massive influx of PPT holders. During beta period a few PPT holders will be selected to benefit from being able to trade a live invoice from real companies. To do that, PPT holders can pledge their PPT for Poken and then use it to purchase a pre-selected single invoice on the platform. The purchase of real invoices helps business with short-term cash flow and makes use of Populous XBRL data.

The platform will open access to a gradual roll-out of invoices during the beta for the start. As it prepares to be opened to the general public invoices will be ramping up in volume. Built on the blockchain technology, Populous allows global investors to bid real-time on invoices to provide them with competitive prices, compared to more centralised competitors of invoice discounting platforms.

At the moment of publication, Populous market characteristics are as follows

  • Average price: $16.08
  • Market cap: $595,113,562
  • Volume (24H): $1,885,120

Monex to Open Exchange Under Coincheck Brand in USA

"New old" cryptocurrency trading platform will be focused on institutional investors; opening is planed in 2019
13 December 2018   16

Japanese online broker Monex Group Inc. announced the launch of a cryptocurrency trading platform focused on institutional investors. The new platform should start work in 2019 under the brand of Coincheck, Finance Magnates reports.

A license to provide services in all US states Monex hopes to get within a year. As the president of Monex TradeStation, John Bartleman, said, Bitcoin, Bitcoin Cash, Litecoin, Ethereum and, possibly, XRP will be available on the platform.

In April, Monex acquired Coincheck, the victim of a hack, for $ 33.6 million. After the purchase, Monex representatives said that the cryptocurrency business plays a key role in the company's further development. The fact that Monex intends to expand its business to the US market became known in May.

It is noteworthy that earlier this month, Monex Group Inc. became one of the investors of the American stock exchange cryptocurrency derivatives ErisX. According to John Bartleman, ErisX will also serve institutional investors in the United States after regulatory approval