Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Finance

$16m Caspian Pre-Sale a big boost to Crypto Industry

$16m Caspian Pre-Sale a big boost to Crypto Industry

Trading platform on course to spark institutional influx into cryptocurrency

Institutional-grade crypto trading platform Caspian, has raised US$16million in a pre-sale of its CSP token, it announced today.

Accompanying this is the announcement that the platform is now live and no longer in beta testing.

Caspian also revealed it has 170 institutional-grade customers interested in on-boarding to its platform, with 15 customers already using it – perhaps the strongest signal yet that financial institutions are ready to embrace cryptocurrencies.

It’s significant news for a crypto investment community that is looking to Caspian – which has a community numbering almost 100,000 – to spark an influx of institutional investors that could in turn lead to rapid growth in the cryptocurrency market.

Caspian’s platform provides a single interface into all major crypto exchanges, as well as real-time and historical P&L and exposure tracking. The system has been designed to meet the needs of institutional investors who need to execute trades and maintain target allocations across many exchanges.

Pre-sale investors and customers include Galaxy Investment Partners, Global Advisors, Octagon Strategy, Kenetic, Techemy Capital and Bletchley Park.

Caspian recently entered into strategic partnerships with Blocktower and Galaxy Digital Capital Management, led by Bitcoin evangelist Mike Novogratz.

Novogratz said: “We believe institutional investors will drive exponential growth in the cryptocurrency market, and Caspian are becoming a big part of this story. We’re excited to be in partnership with them and expect exciting developments over the next few months.”

Caspian is now connected to over 24 different exchanges including Binance, Bitmex, Bitfinex, Gemini, Coinbase, Huobi and OKex.

Coinciding with public sale of the CSP token, the Caspian platform is now live and no longer in beta. This will give purchasers of the CSP token who have on-boarded to the Caspian platform the ability to maximise its utility from day one.

The public sale of the CSP token takes place on October 3, with interested parties encouraged to join the whitelist as soon as possible in order to avoid disappointment. For more information, please visit: https://caspian.tech/caspian-token/

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post