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  • TeraBlock Secures $2.4 Million To Build A Newbie-Friendly Crypto Exchange Powered by Machine Learning

    TeraBlock Secures $2.4 Million To Build A Newbie-Friendly Crypto Exchange Powered by Machine Learning

    Tortola, British Virgin Islands, 19th April, 2021, Chainwire

    TeraBlock, an auto mated crypto investment exchange with advanced machine learning algorithm capabilities for trading, is announcing a $2.4 round by leading investors. The company is looking to bring its Binance-powered tools to the masses who seek to gain exposure to cryptocurrencies without excessive market risk.

    TeraBlock has concluding a successful $2.4 million round of capital from a myriad of notable investors, including AU21, BSCPad,x21 Digital, Blockchain.com, PlotX, MoonBoots Capital, Node Kapital, Node Kapital, OroPocket, BTX Capital, Manticore Capital, Vezures, Stefan Andjelic, MarketAcross, PetRock Capital, Sheesha Finance, Master Ventures, Shima Capital, CryptoDormFund, Magnus Capital, Midas Ventures, Designated Capital, Brilliance Ventures and Blocksync Ventures to help it’s operations and growth.

    The idea for TeraBlock was born after its founder, Shivam Tandon, a dual engineer, serial entrepreneur, and expert cryptocurrency trader, saw the learning cliff that newcomers to crypto experience in 2021. Questions such as “how to buy crypto” or “which crypto to buy” are among the most common, but they do not have a simple answer.

    TeraBlock seeks to become the one-stop solution for all the needs of crypto newbies by combining a simple and sleek interface for buying and selling crypto to a suite of trade automation tools that guide the users in their journey through blockchain.

    With TeraBlock, users will be able to purchase crypto through the TeraBlock exchange with any debit or credit card issued by a bank, and easily manage the assets through trade automation.

    A collaboration with Binance Cloud and the Binance platform means that TeraBlock will have full access to all of Binance’s liquidity and tokens. Binance will also be powering TeraBlock’s exchange technology, user funds management and security. User registration, Know-Your-Customer and Anti-Money Laundering checks will also be performed through Binance in collaboration with third parties.

    “We believe there is pent-up demand for a more comprehensive and easy to use solution for onboarding users to the cryptocurrency ecosystem,” said Muhammad Ali, CCO TeraBlock. “TeraBlock can support crypto users through their entire learning curve, giving them all the necessary tools and features under one roof.” he adds.

    “With 99% of the world still to experience the crypto-paradigm, one of the primary gaps in the market is to provide the easiest possible ramp to move from fiat to Crypto. There are innumerable options available, but TeraBlock is taking it to the next level,” said Ajeet Khurana, India’s renowned crypto expert and former head of the Blockchain and Cryptocurrency Committee (BACC). “TeraBlock can support crypto users through their entire learning curve, giving them all the necessary tools and features under one roof.” he adds.

    TeraBlock offers four predefined indices with different risk-reward profiles. These indices will be based on total market capitalization, asset performance, project overview and statistical data. The index offers a transparent view into its previous performance. Once an index is selected and confirmed, the platform will automatically buy and trade the funds, looking for the best opportunity to exit at the time of market correction to safeguard funds against high volatility.

    “We are excited to partner with TeraBlock as they unveil a revolutionary portfolio automation system for digital assets. TeraBlock’s trade automation technology allows any investor to access leading computational strategies with complete agency over their transaction frequency and risk tolerance.” said the AU21 team.

    For more advanced users, TeraBlock offers the automated portfolio trading tool. Here, users are able to set their own strategies, choosing from a list of predefined options or defining their own custom strategy. Once selected, users can see the backtest of their strategy with the click of one button.

    The TeraBlock Exchange will be powered by the TBC token, a utility token that helps minimize fees. If a user holds a percentage of their portfolio in TBC, the platform will waive all fees beyond the standard exchange fee, even for automated strategies and indices.

    About TeraBlock

    TeraBlock is the most user-friendly and comprehensive crypto exchange, offering the liquidity, token selection and cost of Binance with the ease and simplicity of Coinbase. Through its ML-powered trading algorithms and customizable strategies, TeraBlock guides users who dip their toes in cryptocurrencies. TeraBlock was founded in 2021 by Shivam Tandon, a serial crypto entrepreneur who previously launched successful trading tools. 

    Contacts

    CEO

    • Shivam Tandon
    • TeraBlock
    • shivam@terablock.ai
  • Top 3 Coins to Watch – Week 16

    Top 3 Coins to Watch – Week 16

    As we move into Q2, a number of projects are moving ahead with continued development, and this week’s choices are set to benefit from significant updates and announcements that should strengthen their market positions and benefit their communities. The news should also result in increased amounts of attention to each respective currency over the coming weeks.

    1. Elrond (EGLD)

    Elrond eGold is the native currency of the Elrond economy. The company aims to use eGold and eGLD interchangeably where users will be able to use the token for all the native Elrond services such as general staking and delegation, and various DeFi options.

    Why Elrond? MEX Token Snapshot for EGLD Holders

    Elrond CEO Beniamin Mincu has confirmed the coming launch of the Maiar Exchange and MEX token airdrop to EGLD holders. The exchange will act as an Automated Market Maker (AMM) and its native governance MEX token will be the first token of the Elrond ecosystem with a 100% distribution to the Elrond community. From the total of 1 Billion MEX tokens, 47.50% will be claimable by EGLD holders in the first year, and 44.95% will be earned by liquidity providers over the next 10 years, with halvings taking place every 2 years. The first snapshot for EGLD holders will begin on April 19, with 52 weekly averages of 7 daily random snapshots to take place over one year. The Maiar exchange is targeted to go live on April 30, and you can found out more about the launch and airdrops here.

    2. Theta Fuel (TFUEL)

    Theta Fuel is the operational token of the Theta protocol. It is the second token in the Theta protocol that works in conjunction with the Theta Token that exists today. It powers on-chain operations like payments to relayers for sharing a video stream, or for deploying or interacting with smart contracts.

    Why Theta Fuel? Mainnet 3.0 Set For April 21   

    The Theta Edge Network enables the broadcasting and viewing of decentralized live stream videos, and Theta Edge Nodes earn TFUEL tokens for sharing resources via the Edge Compute and Edge Cacher functions. The Theta Mainnet 3.0 upgrade will allow users to stake their TFUEL tokens and also incorporate a new TFuel burning mechanism. This will add a network fee attached to using Theta edge network, and act as a balancing force against the new TFuel supply. The upgrade is set to take place on April 21, and the new features should provide greater value for Theta network participants, and to find out all the details on Mainnet 3.0, you can find the official announcement blog here.

    3. Tezos (XTZ)

    The Tezos platform supports smart contract functionality and uses a programming language called Michelson, which enables formal verification. The platform uses a Proof-of-Stake model to achieve consensus, and users who maintain the Tezos network by staking their XTZ are referred to as “bakers”, while the staking process is called “baking”. Users can perform baking themselves or delegate it to others.

    Why Tezos?  Tezos Domains Launch on April 21

    Tezos Domains are set to launch on April 21 with domain names with five or more characters (apart from the top-level suffix .tez) to be made available via a series of auctions using an open ascending-price auction model. The auctions will take place over three weeks with the bidding process scheduled to end on May 12, after this date registrations will be fully open with names shorter than five characters becoming available for registration during Q3 of this year. To find out more about the auction launch schedule, you can read the Tezos Domains outline here.

    How did the coins perform last week?

    The seven day period led to mixed results across the market; and ETH fell by 1% and is currently trading at around $2, 120. FIL dropped by 13%, and is currently trading at $152, and OGN fell by 28% over the week, and is currently trading at $1.85. Over the course of the week, the market moved from an overall valuation of $2.05T to $1.98T.

  • Raze Network Completes Triple IDO And Balancer LBP Event

    Raze Network Completes Triple IDO And Balancer LBP Event

    SINGAPORE, SINGAPORE, 19th April, 2021,

    Raze Network, a Substrate-based platform for Privacy, has successfully completed its triple IDO on Pools, DuckStarter and Bounce. Earlier, the team has raised $2.2 million in seed and private funding rounds, confirming this privacy-oriented approach’s viability. The subsequent Balancer and Uniswap LBP listings also attracted . The release of the roadmap are the current points of focus. 

    As a second-layer anonymous payment module for the DeFi ecosystem, Raze Network plans to become the go-to . As the DeFi industry grows, expands, and accelerates, demand for privacy-oriented solutions becomes more outspoken. As a Substrate-based cross-chain privacy protocol for the Polkadot Ecosystem, Raze Network provides end-to-end anonymity to all DeFi solutions built on this technology stack.

    As the team has now concluded its three IDOs successfully, it confirms the vision of applying zkSNARK technology to build a second-layer decentralized anonymous module. Enabling cross-chain privacy is a feature many users will benefit from in the future. Privacy-preserving payments are of great interest to users, especially when the privacy technology exists at a protocol level, rather than being opt-in.

    Raze Network CEO Justin Kellison adds:

    “We are excited to see this level of support from established ecosystem players,”. “Since DeFi took center stage, demand for privacy became stronger than ever owing to issues such as front-running and MEV. Our focus on cross-chain assets is key to bridging liquidity from all transparent blockchains.”

    “We believe Raze Network is poised to dominate the privacy niche in crypto,” said the AU21 Capital team. “Bridging liquidity across all transparent blockchains is key to making privacy alluring to the average crypto user. With time, this approach may just make private crypto a mainstream phenomenon.”

    The completion of the Balancer Liquidity Bootstrapping Pool event has spotlighted Raze Network and the vision the team wants to roll out even further. Every Balancer Liquidity Bootstrapping Pool event attracts tremendous attention, and the concept has been embraced by all great crypto projects in recent history. Launching tokens with liquidity generation and price adjustment is an essential part of fueling fair and transparent price discovery.

    Thanks to the strong partnerships, the ongoing Raze Network NFT campaign, and the roadmap milestones to be reached, the future looks bright for Raze Network. The team will continue to work on the Token and Dapp source code, liquidity reward, protocol and product launch, and bridge to DeFi protocols over the coming months. 

    About Raze Network

    Raze Network is a Substrate-based cross-chain privacy protocol for the Polkadot ecosystem. It is built as a native privacy layer that can provide end-to-end anonymity for the entire DeFi stack. The Raze Network applies zk-SNARKs to the Zether framework to build a layer-two decentralized anonymous module.

    It will then be imported as a Substrate-based smart contract. Raze Network’s objective is to enable cross-chain privacy-preserving payment and trading systems while protecting the transparency of your assets and behaviors from surveillance.

    Contacts
    • Justin Kelliso
    • Raze Network
    • contact@raze.network
  • Medicinal Marijuana Startup GROW Launches With NFT Giveaway

    Medicinal Marijuana Startup GROW Launches With NFT Giveaway

    St. Julian’s, Malta, 16th April, 2021, Chainwire

    Blockchain-based medicinal marijuana startup GROW is celebrating its launch by hosting an NFT giveaway. Founded on a mandate to merge medical cannabis and crypto technology, GROW aims to bring tokenized marijuana to decentralized finance.

    Through combining gamification and tokenization, GROW is merging the best elements of the  DeFi space, whose global community has significant overlap with medicinal marujuana proponents.

    To commemorate GROW’s union of blockchain, cannabis, and gaming communities, GROW is giving away a LAND plot NFT in the GROW House in collaboration with WeedHumor. The land will emit $GROW tokens and produce NFTs on a scheduled basis.  

    Four winners will be selected at random and announced publicly after the contest ends on May 2, with all eligible signups vying for the grand prize – but only the first 50,000 qualifying to receive the exclusive GROW X WeedHumor NFT.

    In order to qualify, interested parties should follow the official GROW Twitter account, retweet the Giveaway tweet with the hashtags $GROW, #NFT, #WEEDHUMOR, #GROWHOUSE, follow the GROW community Telegram, and complete the official entry form.

    The GROW House is the platform’s cutting-edge DeFi solution to yield farming, wherein users can adopt the role of cannabis farmers, harvest virtual plants, and earn $GROW tokens and NFTs, which can later be sold on the secondary market.

    Within the GROW House, coveted LAND gives users a space to grow their seeds into NFTs that grant owners exclusive access within the ROOT ecosystem, which facilitates the union of real-world growers, producers, brands and clubs. 

    As well as emitting $GROW tokens on a predictable basis, LAND NFTs also produce SEED NFTs that users can grow into fully mature virtual plants as a form of staking to earn more $GROW and potential real-world product.

    About Grow X

    GROW is a green medicine startup powered by blockchain. The purpose of GROW assets is to drive decentralized cannabis cultivation, while also serving as a payment and distribution verification method for the entire medical cannabis industry.

    Website: https://grow.house

    Twitter: https://twitter.com/grow_house_

    Instagram : https://www.instagram.com/grow_house_official/

    LinkedIn: https://www.linkedin.com/company/growhouseofficial/

    Contacts
    • Anna Melton
    • a@fluxagency.io
  • MakiSwap Raises $1.4M From Leading Investors to Build AMM Platform on Huobi Eco Chain

    MakiSwap Raises $1.4M From Leading Investors to Build AMM Platform on Huobi Eco Chain

    St, John’s Antigua, Barbuda, 14th April, 2021,

     MakiSwap, the number one decentralized exchange on Huobi Eco Chain (Heco), has raised $1.4 million in seed and private funding to build the most robust and feature-rich automated market maker exchange and yield farming platform on Huobi Eco Chain.

    The oversubscribed round was led by Inclusion Capital, which incubated and supported MakiSwap in its development efforts. Other participants include Kenetic Capital, LD Capital, NGC Ventures, Polygon Network, DAO Maker, Momentum 6, AU21 Capital, Xend Finance and others. Jawad Ashraf, Founder of Terra Virtua, also joined the round as an individual investor.

    MakiSwap is the leading AMM on Huobi Eco Chain, a high-performance blockchain supporting the Ethereum Virtual Machine. Heco was launched by the Huobi Global exchange and was met with formidable community support in China and the Asia-Pacific region. Heco projects are now shifting their focus to the global market, looking to bring in DeFi users from other regions and other blockchains.

    MakiSwap was developed by Unilayer, a cross-chain DEX aggregator and DeFi ecosystem. The exchange offers unique features for an AMM designed with the professional trader in mind, including limit orders, advanced charting tools, analytics, and more. MakiSwap also features lucrative yield farming opportunities designed to incentivize users to make the jump into the new protocol and blockchain.

    “We’re extremely excited to launch MakiSwap on Huobi Eco Chain and to the public, we do see a big potential for HECO to capture a lot of market share compared to other blockchains in the near future” said Geo, Founder of Unilayer and MakiSwap.

    “Makiswap is leading a new wave of Defi by empowering Huobi’s ECO chain community with key tools and infrastructure. We are excited to support Makiswap in helping to transform global finance through Defi.” Jehan Chu, Founder and Managing Partner, Kenetic

    MakiSwap is powered by the MAKI governance token, which will be airdropped to holders of Unilayer’s LAYER token on Ethereum and Binance Smart Chain.

    About MakiSwap

    MakiSwap is the leading AMM exchange on Huobi Eco Chain, developed and launched by Unilayer, a cross-chain liquidity aggregator and unified interface for decentralized exchanges. MakiSwap’s governance token is MAKI, distributed fairly to all holders of Unilayer’s LAYER token. MakiSwap includes an advanced set of features like limit orders and advance charting to offer the best experience for professional DeFi traders. 

    Contacts

    CMO

    • Vijay Garg
    • MakiSwap
    • garg_vijay@makiswap.com
  • Centurion Invest Launches Its Copy Trading System For “Independent, Dearing, Courageous and Rebelious” CIEx Traders

    Centurion Invest Launches Its Copy Trading System For “Independent, Dearing, Courageous and Rebelious” CIEx Traders

    Dubai, UAE, 14th April, 2021, Chainwire

    Centurion Invest Launches Its Copy Trading System For “Independent, Dearing, Courageous and Rebelious” CIEx Traders

    Tallinn April 13, 2021

    Centurion Invest CIEx (www.centurioninvest.com ), a rapidly expanding New Generation All-In-One decentralized trading and exchange platform that introduced its trading wallet “CI Wallet” in March, is launching its copy trading system allowing its traders to copy trading activities from expert users. This system helps beginner and intermediate crypto traders copy the crypto deals in manual mode and profit from their copied deals.

    With limited market knowledge, Novice traders can be intimidated by the complexity of entering a trading and exchange platform. Therefore, trusted and verified CIEx trader experts with strategies fitting risk, volumes, profit percentages navigate novice traders through the first steps after traders open their CI Wallets. This system also allows an incredible level of customization.

    “Cryptocurrencies are different from other asset types since the prices are volatile, making it much harder for junior traders and investors to establish proper investing strategies. Our copy trading service with over 25 expert traders onboard provides an immediate and convenient trading solution. CIEx novice traders can start trading with an immediate $100 bonus and instantly turn it into profit. As well as accessing the best copy trading feature on CIEx, including trade signals and guaranteed closing with profit, they can also opt for monthly secured income traded funds throughout our investment plans tailor-made for all users,” said H.E. Ali Kassab, Chairman of Centurion Invest.

    The CI community represents “Independent. Dearing. Courageous. Rebellious.” new-age crypto traders and users. They are in search of “short term,” “aggressive,” and “mainstream” trading styles that help trade correctly and without losses. The CIEx copy trading system can identify traders according to profit rate, win rate, P/L ratio, and overall trading performance.

    Any listed traders will get a commission from each successful trade’s profits while getting copied, therefore benefitting from extra income. 

    “We are a unique decentralized exchange bringing more social features to our trading system developed with the trading concept “Complex Made Profitable & Simple” by CIEx to offer ease and simplicity to our users. Depositing funds and accessing spot and futures trading are made effortless so that novice traders can gain confidence rapidly. CIEx copy trading is made simple through easy-to-understand user interface design and sophisticated functions. We offer the lowest cost fees on card payment in the market currently. Also, I add that CIEx is lauded for the enhanced privacy, more robust security, and greater user control with total control over one’s funds, “reflected H.E. Ali Kassab, Chairman of Centurion Invest. 

    About Centurion Invest

    Centurion Invest Exchange CIEx offers its traders direct access to trading experts, user-friendly deposit and withdrawal process, copy trading, and highly profitable investment plans through the most advanced investment tools and dynamic technics such as Wallet Exchange Fiat & Crypto Trading Platform, Decentralized Cryptocurrency Trading Platform, and Wealth Management.

    CI Wallet is a multi-currency wallet with private keys to access traded cryptocurrencies. The wallet provides features such as Spot Trading, Futures, Margins and EFT.

    CIEx supports the most popular payment options for crypto exchange; VISA, Mastercard, bank transfer and any major crypto coins.

    COMPANY CONTACT: Contact@centurioninvest.com 

    www.centurioninvest.com 

    Contacts

    VP Marketing & Digital Experience

    • Ibrahim Awada
    • Centurion Invest
    • bob@centurionco.com
    • 0046729187131
  • Polkadex IDO Launches on Polkastarter on the 16th of April

    Polkadex IDO Launches on Polkastarter on the 16th of April

    One of the most anticipated projects of 2021, Polkadex, announced its Initial DEX Offering in partnership with Polkastarter launchpad.

    A non-custodial high-frequency trading decentralised exchange Polkadex is getting ready for its upcoming IDO on Polkastarter.

    Polkadex is creating a superior decentralised exchange that will disrupt the current status quo of cryptocurrency trading both for professional and retail traders. Polkadex is the perfect blend of the best of both worlds — the convenience and speed of a centralized exchange mixed with the security of a decentralized exchange. Polkadex’s mission is to bring DeFi to the masses by creating a technological and efficient but user friendly product.

    Polkadex exchange solves such issues of traditional DEXes, as high transaction fees and frontrunning. Polkadex users will benefit from feeless transactions with verifiability, opportunities for high-frequency trading, trading bots and other unique features. It is one of a kind product for the cryptocurrency industry now.

    The IDO on Polkastarter also adds credibility to Polkadex, as the platform is well-known for releasing the most successful blockchain projects.

    “The main purpose of this step of the Polkadex Token Generation Event is giving an opportunity for the community to participate in the governance of the Polkadex network, successfully distributing and decentralizing it,” says Polkadex CEO, Gautham J.

    Polkadex launches on the market after months of building the product, has already caught the public attention and is well on the way to become a real DeFi industry game-changer.

    Polkadex

    Website: https://www.polkadex.trade
    Twitter: https://twitter.com/polkadex
    TG Chat: https://t.me/Polkadex
    TG Announcements: https://t.me/PolkadexAnnouncements
    Medium: https://polkadex.medium.com

    Polkastarter

    Website: https://www.polkastarter.com

  • Don-Key To Take eToro’s Approach To Yield Farming After Closing $2.2 Million Round

    Don-Key To Take eToro’s Approach To Yield Farming After Closing $2.2 Million Round

    Tortola, BVI, 13th April, 2021, Chainwire

    With the tailwinds of a fresh $2.2 million fundraising at its back, Don-Key  aims to become the eToro of DeFi by building a comprehensive social platform for yield farming designed to improve accessibility and magnify yield farmers’ potential.

    Platform Designed To Attract Capital By Easing Entry For Newcomers 

    Decentralized finance (DeFi) is finally capitalizing on blockchain’s ability to displace traditional centralized finance (CeFi), but the road to adoption remains long despite its progress. 

    As DeFi’s popularity grows with time, it is shining a spotlight on one of the most complex yet vital ecosystem activities: yield farming. For the uninitiated, yield farming is effectively like depositing money in a certificate of deposit (CD) that earns periodic interest when locked up. However, unlike CD yields which typically only yield a few percent annually, yield farming returns (APY) can be multiple magnitudes more profitable.

    Like most things blockchain, the learning curve for this Wild West of DeFi is steeper than most. Fortunately, that all is changing as Don-Key embraces eToro’s social trading model in the form of a DeFi yield farming platform.

    Don-Key’s Simple But Elegant Solution: Social Farming

    Like eToro disrupted investing by bringing social money management to financial markets and cryptos, Don-Key aims to do the same with its yield farming platform. By flattening the learning curve and making the concept more accessible to a broader swath of cryptocurrency users, the platform intends to help both farmers and “hodlers” capitalize on these potentially outsized returns.

    After recently concluding a successful $2.2 million round of capital from a consortium of investors, including AU21, Black Edge Capital, Genesis Block Ventures, Morningstar Ventures, MoonWhale, Solidity Ventures, and Spark Digital Capital, Don-Key is busily taking a page out of eToro’s book. 

    Like copy-trading, users of Don-Key’s platform will be able to engage in copy-farming by sorting through yield farmers on a leaderboard that displays the top performers or based on parameters such as reputation. For users allocating crypto, costs will be lower relative to existing farming techniques thanks to investor pooling. Moreover, the farmers and liquidity providers who join the platform will enjoy tokenized rewards.

    By simplifying the interface and the experience for the uninitiated, Don-Key intends to support all the platform’s stakeholders. Instead of hazarding the yield hunt and smart contract vulnerabilities along with constantly fluctuating returns, new entrants can back successful farmers. By extension, the farmers themselves can expand their access to capital to generate higher returns.

    Through this incentivization and gamification model, farmers must constantly be on the hunt for opportunities. Due to the rigors of yield farming that make it very unapproachable for users with smaller amounts of capital, this model will encourage more DeFi participation and, ultimately, adoption. With fresh funds to support its ambitions, Don-Key will continue platform development in the meantime, with rollout plans yet to be announced.

    About:

    Don-key.finance was founded in 2020, at the beginning of the yield farming craze,  with a very clear vision of bringing the simplicity of ‘copy trading’ to the complex world of DeFi Yield Farming. An initiative that came from real necessity, Don-key’s founders are DeFi enthusiasts from Israel, Cyprus, Ukraine and India with a true passion to democratize yield farming and helping crypto users around the world stay up to date with the constant evolution of the yield farming space.

    Contacts

    CEO

    • Gil Shpirman
    • Don.Key Finance
    • Gil@don-key.finance
  • Binance Launches Zero Commission Tradable Stock Tokens Fractionalized Equity Ownership Enables Greater Financial Participation

    Binance Launches Zero Commission Tradable Stock Tokens Fractionalized Equity Ownership Enables Greater Financial Participation

    12th April 2021, 7:00pm HKT – Binance, the global blockchain company behind the world’s largest digital asset exchange, today announces the launch of zero commission tradable stock tokens to broaden access across traditional capital and cryptocurrency in cooperation with CM-Equity AG, a licensed investment firm in Germany, and Swiss-based Digital Assets AG, an asset tokenization platform. Each digital token represents one share of equity stock and is fully backed by a depository portfolio of underlying securities that represents the outstanding tokens. Users will be able to trade fractional tokens.

    The first stock tokens announced will be of Tesla, the largest automaker by market capitalization, and their minimum trade size is one-hundredth of a stock token, representing the same fraction of a Tesla share. Stock tokens are priced and settled in Binance USD (“BUSD”), a regulated stablecoin pegged to the U.S. dollar and issued by Paxos Trust Company.

    Stock tokens enable greater financial participation by fractionalizing a highly sought-after asset class of publicly-tradable equities into more affordable units. Holders of stock tokens qualify for capital returns on the underlying equity, including potential dividends and stock splits, as they would from holding traditional shares.

    Binance users who are knowledgeable about crypto’s fractional properties can now diversify into equity assets using a digital currency and platform they are familiar with. Conventional investors can access equities in smaller quantities as well as gain exposure to the fast-growing crypto market through the largest and most liquid digital asset exchange. In Q1 2021 Binance recorded growth of 260% and 346% in traded volume and users respectively, while the total market value of cryptocurrencies recently surpassed $2 trillion, indicating accelerated adoption.

    “Binance serves many users around the world and we are very pleased to be able to help them participate in the equity market. Stock tokens demonstrate how we can democratize value transfer more seamlessly, reduce friction and costs to accessibility, without compromising on compliance or security. Through connecting traditional and crypto markets, we are building another technological bridge for a more inclusive financial future,”said Changpeng “CZ” Zhao, CEO of Binance.

    “We are a team of people-focused entrepreneurs, capital market specialists, software engineers and financial regulatory experts. Our combined expertise is behind the launch of our stock tokens. CM-Equity AG and Digital Assets AG, as the engineers of the product, are pleased to pioneer an innovative experience on the Binance platform. This new kind of token combines different asset classes that are offered in one single marketplace for instant settlement in a compliant, scalable and sound format.” said Michael Kott, CEO of CM-Equity AG.

    Binance will continue to respond to market demand in listing more stock tokens and more features. Trading of stock tokens will follow traditional exchange hours, and is not available for residents in mainland China, Turkey, and other restricted jurisdictions. Interested traders will be required to pass Know-Your-Customer and other relevant compliance measures.

    About Binance Exchange

    Binance is the world’s leading blockchain and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including: trading and finance, education, data and research, social good, investment and incubation, decentralization and infrastructure solutions, and more. For more information, visit: https://www.binance.com .

    Media contact: pr@binance.com

    About CM-Equity

    CM-Equity AG is a Germany based investment firm with multiple financial service licenses. The company offers Fintechs and Digital Asset Exchanges a regulatory compliant licence roof with an API-driven scalable infrastructure framework. The firm itself is a pioneer in digital asset management & brokerage and is trusted partner of the leading companies in Digital Asset World. For more information, visit: https://cm-equity.de/en/

    Press contacts: info@cm-equity.de  

    About Digital Assets AG Swiss based Digital Assets AG (www.digitalassets.ag) is the leading boutique firm focused on the design, structuring and the issuance of tokenized financial products. Digital Assets AG drives innovation in capital markets and builds bridges in between TradFi and DeFi with its partners such as FTX, Alameda, Bittrex and many others.