osl-digital-securities-executes-first-regulated-virtual-asset-trades-in-hk,-sfc-licensed-exchange-and-brokerage-now-live-trading

OSL Digital Securities Executes First Regulated Virtual Asset Trades in HK, SFC-Licensed Exchange and Brokerage Now Live Trading

 

In a Hong Kong-first, OSL Digital Securities Limited (OSL DS), the world’s only SFC-licensed, listed, Big-Four-audited digital asset platform and member of BC Technology Group (stock code 863 HK), today announced its official go-live with the execution of the first customer trades via it’s licensed trading desk. OSL DS holds a license for Type-1 (dealing in securities) and Type 7 (automated trading service) regulated activities related to virtual assets (digital assets) from the Hong Kong Securities and Futures Commission (SFC).

The OSL platform utilizes a modular interface where institutional and professional investors can buy, sell and securely store digital assets, such as Bitcoin, Ethereum and selected Security Tokens. The ‘go-live’ for trading follows an exhaustive and successful trial-use period completed with the participation of trading partners and investors.

“With today’s trades, we break new ground for financial services in Asia,” said OSL CEO Wayne Trench. “Trading and storing digital assets like Bitcoin can now be securely conducted in Hong Kong with the supervision of a world-leading regulator — a major milestone in the ongoing institutional adoption of digital assets globally.”

OSL customers benefit from a single platform login and central dashboard that allows use of OSL’s market-leading electronic and OTC trading, intelligent Request for Quote (iRFQ) technology and an industry leading institutional-grade Exchange, as well as exclusive access to segregated banking and segregated, insured wallet services. Unique in the market, the OSL Exchange is fully compliant with stringent know-your-customer, anti-money laundering and market surveillance standards.

Designed for institutional and professional investors, the OSL Exchange connects traders to counterparts across markets, delivering unrivalled access to deep pools of liquidity in Bitcoin, Ethereum and other digital assets. In addition to enabling one-click trading via the user-friendly UI, OSL Exchange also supports both FIX and REST API connectivity

OSL Exchange offers a complete market solution with performance, security, liquidity and compliance for professional investors.

OSL’s over-the-counter (OTC) and electronic RFQ/API trading combines access to unparalleled market liquidity with complete privacy and guaranteed price quotes. Each trade is conducted and executed directly with the customer and with no on-exchange price slippage or order book discovery. This ensures instant, seamless, secure transactions with near instant settlement.

OSL’s combination of experienced (and licensed) traders, deep global relationships and advanced technology allow its brokerage to match large institutional blocks across major digital assets.

Trench added, “We are excited about the prospects for further development of the institutional digital asset market in Hong Kong and being a key contributor to this growing ecosystem. In the near term, we are very pleased by the significant appetite we are seeing from clients who recognise the criticality of trading with a safe, reliable and licensed platform.”

neobroker-nextmarkets-receives-$30-million-in-series-b-funding-round

Neobroker nextmarkets receives $30 million in Series B funding round

 

nextmarkets, the innovative and commission-free online broker, receives $30 million in a Series B financing round. The additional capital is intended to further accelerate the European expansion of the FinTech company, which was founded in Cologne in 2014, and to establish nextmarkets as the leading neobroker in Europe. In addition to Germany and Austria, six further countries – the United KingdomPortugalthe NetherlandsFranceSpain and Italy – were launched at the end of 2020. The financing round closes out a successful 2020 financial year for nextmarkets, in which the company was able to multiply all KPIs such as the number of executed transactions, customer deposits, as well as the number of customers.

“We are very pleased about the great interest and trust of both new and existing investors. The growth potential is huge, and we are only at the beginning of a whole new era in which the stock market becomes fully democratized. With our unique coaching approach, we ensure that private investors not only trade fully commission-free, but above all become significantly more successful,” says CEO and co-founder Manuel Heyden. His brother Dominic Heyden, co-founder and CTO continues, “We are particularly proud of the fact that with fewer than 40 employees, we have in record time built an online broker active in eight European markets, built top-to-bottom on our own technology and with a comprehensive regulatory framework.”

Lead investor Christian Angermayer, who has invested via his stock-market-listed Cryptology Asset Group, adds: “We are just at the very beginning of a new retail boom on stock markets. However, the crisis of confidence towards other neobrokers, in connection with the Gamestop phenomenon, has shown how important it is to choose the right partner. nextmarkets is 100% transparent, stands completely on its own two feet including its own banking license, and offers true zero-commission trading in stocks, with no hidden fees and a very broad investment offering. Investors can also trade Bitcoin easily and conveniently with nextmarkets, of course.”

nextmarkets will invest the capital primarily into further development of the platform and further customer growth. “Our product pipeline is full of innovations and we can’t wait to make them available to our customers,” says Manuel Heyden, describing the growth phase that now lies ahead.

– Cross reference: Picture is available at AP Images (http://www.apimages.com) –

freebitco.in-takes-the-reins-of-fun-in-multi-million-dollar-token-acquisition

FreeBitco.in Takes the Reins of FUN in Multi-Million Dollar Token Acquisition

Reading Time: 3 minutes

 

Through a series of ventures, FreeBitco.in seeks to promote the mass adoption and utilization of FUN Token in the iGaming and Gaming spaces.

FreeBitco.in, one of the biggest Bitcoin iGaming websites in the world, has acquired the majority of FunFair’s remaining cold storage of FUN tokens, the native cryptocurrency of the FunFair gaming ecosystem. The cold storage holds 4.45 billion FUN Tokens and FreeBitco.in has acquired 3.75 billion tokens.

Through this acquisition, FreeBitco.in plans to invest in the token’s long-term development.

“Since 2013, FreeBitco.in’s goal has always been to provide online gaming enthusiasts with a frictionless, transparent, and truly fair experience,” said a statement by FreeBitco.in. “There’s no better fit than the FUN token to help us significantly enhance our efforts.”
The FUN Token
Since 2017, FunFair Technologies has been striving to deliver a guaranteed fair, decentralized gaming experience to the mass market through blockchain technology utilizing the FUN token.

“Despite several industry firsts and significant milestones in proving that use case, it has recently become apparent that FreeBitco.in has developed a different and superior use case for the FUN token,” said a statement released by FunFair.

This announcement refers to FreeBitco.in’s Premium Membership Program; a feature that incentivizes FreeBitco.in users to buy and hold FUN tokens for significant benefits. This activity has driven considerable volume into the token economy without the burden of significant on-chain transactions.

“There’s no doubt that FreeBitco.in’s customers are currently generating the bulk of FUN token commercial activity rather than FunFair’s customers,” continued the statement.

“With this in mind and for the token economy to maintain its recent success, FunFair has agreed to sell the majority of their FUN token holdings to FreeBitco.in.”

FUN is an ERC20 token listed on major exchanges Binance, BitFinex, HitBTC, Changelly, and OKEx, as well as decentralized exchanges like Uniswap.
FreeBitco.in’s Vision for FUN
FreeBitco.in aspires to grow the FUN token as an independent entity through a series of upcoming projects.

“Our sole objective, as of now, is to work to increase FUN’s utility and value,” said FreeBitco.in. “We’re thoroughly committed to its long-term growth.”

Accordingly, FreeBitco.in is preparing to undertake the following initiatives:

1. Strategic Burning of Tokens: FreeBitco.in plans to invest a substantial portion of its bottom line into strategically acquiring and burning FUN tokens to elevate their value over time.

2. Improving Liquidity: FreeBitco.in is working on increasing FUN’s liquidity across all markets, thus making it easily accessible and tradeable. This is evidenced by a cumulative influx of $3 million in the FUN/ETH and FUN/USDC trading pairs on Uniswap recently, and other exchanges are set to follow.

3. New Blockchain: Based on the Ethereum blockchain, FUN prided itself on being fast, open, and secure. However, the growth of DeFi on Ethereum has been pushing gas prices up for many months, making the adoption of FUN too expensive for users. FreeBitco.in is actively exploring opportunities to port the FUN Token to a new blockchain that is faster and cheaper.

4. Dedicated Wallet: FreeBitco.in is working on creating a dedicated wallet for FUN users that can operate seamlessly between different iGaming platforms. The wallet would also help users convert their FUN tokens into multiple crypto and fiat currencies.

5. Proactive Development: FreeBitco.in is assembling a development team to build innovative, consumer-facing apps based around the FUN token, thus creating more use cases, strengthening utility, and promoting adoption.

6. Creating Effective Partnerships: FreeBitco.in seeks to build productive partnerships and affiliations with other iGaming entities to promote FUN’s identity as a transactional currency in online gambling.

Note: This is not a partnership between the two organizations, namely FreeBitco.in and FunFair Technologies. The aforementioned acquisition and venture is at the sole discretion of FreeBitco.in.

evolve-announces-bitcoin-etf-begins-trading-on-tsx

Evolve Announces Bitcoin ETF Begins Trading on TSX

 

Evolve Funds Group Inc. (“Evolve“) is pleased to announce the launch of the Bitcoin ETF (“EBIT“). EBIT has closed its initial offering of units and will begin trading on the Toronto Stock Exchange (“TSX“) today under the ticker symbol EBIT.

“The recent institutional adoption has helped further legitimize the progress of bitcoin,” says Raj Lala, President and CEO at Evolve. “Being able to offer an ETF which holds physical bitcoin is a real game changer in Canada. Now investors may participate in bitcoin via their brokerage accounts within their RRSP and TFSA. Bitcoin has proven to be a store of value that is uncorrelated to other major asset classes – and has now emerged as an asset class itself.”

EBIT will provide investors with exposure to the daily price movements of the U.S. dollar price of bitcoin by utilizing the benefits of the creation and redemption processes offered by the exchange traded fund structure. Investors in EBIT will directly own bitcoin on the Bitcoin blockchain in a cold wallet. Gemini Trust Company, LLC will act as the Sub-Custodian in respect of EBIT’s holdings of bitcoin.

“We are proud to be working with Raj and Evolve ETFs on the launch of one of the first true Bitcoin ETFs in Canada,” says David Abner, Head of Business Development at Gemini Trust Company, LLC. “Crypto presents unique challenges for fund issuers and utilizing Gemini for fund services like custody, execution and clearing provides real comfort to investors. We have a unique understanding of both the ETF and Crypto ecosystems and bring this knowledge to every product we support.”

EBIT will not seek exposure through derivatives or futures contracts. The daily NAV will be based on the CME CF Bitcoin Reference Rate, a once-a-day benchmark index price for bitcoin denominated in U.S. dollars.

“We’re proud to partner with the world’s first regulated crypto benchmark administrator, CF Benchmarks, that offers a fully transparent methodology and relies on real-time data from five Bitcoin exchanges including Gemini, itBit, Coinbase, Kraken and Bitstamp,” says Elliot Johnson, Chief Investment Officer and Chief Operating Officer at Evolve ETFs. “The world’s leading crypto currency continues to gain momentum and legitimacy as more and more institutions embrace its value and potential every day.”

EBIT is available in Canadian dollar denominated unhedged units (TSX Ticker: EBIT), and U.S. dollar denominated unhedged units (TSX Ticker: EBIT.U).

Bitcoin ETF

TSX Symbol

Unhedged Units

EBIT

USD Unhedged Units

EBIT.U

hello-pal-announces-user-bitcoin-mining-initiative

Hello Pal Announces User Bitcoin-Mining Initiative

 

Hello Pal International Inc. (“Hello Pal” or the “Company”) (CSE:HP Frankfurt:27H OTC:HLLPF), a provider of rapidly growing international live-streaming, social messaging and language learning mobile apps, is pleased to announce that it has expanded its partnership with Shanghai Yitang Data Technology Co. Ltd. (“Yitang“) to launch the Crypto – Mining Initiative. This will give all Hello Pal users the ability to participate in Bitcoin and Ethereum mining in a simple and convenient way.

Yitang currently manages 35,000 mining machines spread across the North, North West and South East parts of China and has pre-existing contractual arrangements with mining machine vendors to acquire many more in the future.  Through Yitang, the Company will be able to allow users (individually or as a group) to purchase Bitcoin and Ethereum mining machines (or option to purchase fractional parts of the miner), and have the machines hosted and operated by Yitang.  Machines will be personally identifiable to the purchaser(s), and differs from typical ‘cloud mining’ services available.  After the purchase, users can expect the mined cryptocurrency to be credited to their digital wallet each day. Further details will be available after the service is launched.

As a first step in this initiative, the Company has purchased several Bitcoin and Ethereum mining machines and plans to purchase more.  The Bitcoin mining machines (Whatsminer M31S) each have a hash rate of 74T hash/s operating at an efficiency of 44w/T, while the Ethereum machines have MSI 5700 graphics cards at their core with an estimated hash rate of 400M.  The mining results from this initiative will be used to showcase and demonstrate to users what can be expected with a purchase. With each crypto machine purchase, all users can now mine BTC and ETH to learn and create value within their own crypto wallets on the platform.

“It has long been our intention for cryptocurrency to play a central part on our platform, especially given the borderless nature of cryptocurrency and our international nature,” said KL Wong, Founder and Chairman of the Company. “The recent activity and interest in cryptocurrency presents us with a unique opportunity to introduce cryptocurrency to our users, as well as to bring cryptocurrency users to our platform,” he added.

Yitang, a leading provider of digital wallet services with over USD70 million in crypto-assets under management. is also helping the Company to revamp and reintroduce its digital wallet as well as its own digital token called “Palto”. Enabling the Company’s current virtual tokens used on its livestreaming platform to be fully enhanced and backed by blockchain technology.  First launched in 2018 (see news release October 9th, 2018), the Palto (PLT) is a utility token that will be used across the entire Hello Pal suite of apps in order to allow for the borderless transfer of value between Hello Pal users across the world.

“We believe by starting the crypto-mining initiative this will be true to our mission by creating a platform where it is easy to instantly interact with others around the world and giving them the tools to communicate with each other in a joyful and fun way, we hope to do our part (however small) in bringing the world closer together,” said Hans Xu Advisor to Hello Pal.

To download Hello Pal please visit the IOS or Android store. For information with respect to the Company or the contents of this news release, please contact the Company at (604) 683-0911 or visit the website at hellopal.com. Email inquiries can be directed to: [email protected].

nordikcoin-set-to-expand-into-asian-markets-in-2021

NordikCoin Set to Expand Into Asian Markets in 2021

 

Leading Estonian high-tech cryptocurrency exchange service, NordikCoin, is announcing that it will start accepting customers from Asian markets. The company will first begin accepting customers in selected jurisdictions, while further expansion is expected to continue in 2021. Whilst expanding its global reach, the company itself and its day-to-day operations will continue to be domiciled in global cryptocurrency haven Tallinn, Estonia.

Bitcoin on the rise

Bitcoin has been in the limelight for over a decade now, rapidly expanding its scope of applications, and continuously rising in value. On January 8th 2021, Bitcoin hit a new milestone by surpassing $42,000 in value, proving that its popularity is steadily increasing.

To support the rise in demand, Estonian cryptocurrency exchange NordikCoin will apply its European KYC and AML rules to customers from new Asian jurisdictions, with the main focus on security and compliance. NordikCoin’s AML/KYC policy stands for Anti-Money Laundering and Know Your Customer and was designed to prevent and mitigate possible risks of money laundering and terrorism financing.

NordikCoin aims to be one of the fastest and most hassle-free ways of buying Bitcoin. The exchange supports all major credit cards, whilst crypto wallets are provided free of charge to its customers. Due to the innovative use of electronic ID solutions, users from supported jurisdictions can set up their accounts in under five minutes – after which they can start trading Bitcoin immediately. The company is known for bringing innovation into the cryptocurrency space, being one of the first Bitcoin exchanges with Lightning Network protocol support.

Inevitably, one of NordikCoin’s main priorities has been to follow all the latest cybersecurity standards and best practices, ensuring that the cryptocurrency exchange environment is safe and reliable for all users across the globe. This is, in part, due to the fact that the team behind NordikCoin is comprised of experienced lawyers, auditors and technologists from around the world.

Japan next for rapid expansion

One jurisdiction which is being considered for NordikCoin’s Asian expansion is Japan. The country has witnessed a notable surge in Bitcoin holdings by 11%, suggesting that it’s the perfect launchpad. Several crypto exchanges are already present and thriving in the Japanese market, regardless of current COVID-19 restrictions and difficulties. Key exchanges include Okcoin, Bitflyer, Bitbank and Btcbox, among others.

David De Marco, CEO of Omni Matrix Ltd, the parent company of NordikCoin.com, shares his excitement for the Asian expansion plans:

– Our expansion into the Asian market marks a unique opportunity for the company to present its innovative cryptocurrency trading services globally. We are thrilled to announce that we will be expanding our customer onboarding processes to facilitate clients from Asian markets. We are confident that this is the perfect stepping stone for the new era of cryptocurrency exchange with NordikCoin leading the way.

Asia has been dominating the cryptocurrency market in the past couple of years, with financial giant SBI taking a lead. The company made a series of crypto moves recently including a planned 2022 launch of a digital exchange with Switzerland’s SIX, a partnership with Ripple and, most recently, the acquisition of U.K.-based cryptocurrency trading firm B2C2. Asia has been found to adopt blockchain technology much faster than many Western countries, incorporating innovations quickly and efficiently. NordikCoin’s expansion plans seem to be a great way for Europe and Asia to join forces and increase efforts of pushing Bitcoin and cryptocurrency into the limelight.

bitcoin-revolution-review:-the-official-app-seen-on-tv-this-morning

Bitcoin Revolution Review: The Official App Seen on TV This Morning

 

As Bitcoin is gaining popularity among investors, more trading platforms are available in the market. Bitcoin Revolution is one trading platform that has gained the attention of cryptocurrency veterans for its accurate analysis and profitable trading signals. The creators of this platform inform that they have designed a sophisticated algorithm. This algorithm or software program collects the price data from all the major cryptocurrency exchanges. Then, using the advanced machine intelligence of the software, the data is analyzed statistically and the charts generated. These charts are similar to the ones generated by the equity analyzing software. The users can study these one-day, one month, three months, annual, and year to date (YTD) charts and plan their trading strategies.

The designers of this trading application, Bitcoin Revolution claim that they generate trading signals for the traders, and it is nearly 100% accurate. A huge resource of historical trade data is available with the software, and that is compared with the present-day price movements. The statistical calculation is placed side-by-side with the past trading data and then similar conditions identified. After this complicated process of calculation and comparison, the probable profit-making trades are selected by the software. The users can access all these signals from their account page and execute trades accordingly.

REPORT IN THE OFFICIAL WEBSITE: https://the-btc-revolution.com/

Financial analysts have always tried to find out the risks associated with Bitcoin trading. After the daily trading volume of Bitcoins and other cryptocurrencies crossed $550 billion in 2017, the digital currency market started getting the attention of traders. At that time the value of bitcoins increased 1500% versus that of the dollar. This invited several financial analysts to study the trading patterns of the cryptocurrency market. In a research paper published in the public domain in March 2019, certain market analyses and investigations were done to identify the genetic algorithms that can provide the best trading strategies. Also, surveys were conducted among the amateur and novice traders. The analysis involved the currency pair of Bitcoin versus the US dollar (BTC/USD). It was noted that traders who follow some specific strategies have greater chances of making profits. The researchers studied two groups of traders, one who trades on impulse and others who had specific strategies. The returns of both groups were studied and compared to the market’s fluctuations. MUST SEE: “Shocking New Bitcoin Revolution Report – This May Change Your Mind”

The researchers inferred from the surveys that traders who executed trades on an impulse made huge profits on only 5% of the trades. But for the traders who follow the strategies suggested by trading platforms made more profits. Some of the trading platforms gave more specific and accurate trading strategies. Many other research papers also prove the benefits of trading with a trading platform that provides profitable trading signals. The company behind the Bitcoin Revolution claims that their trading platform has the backing of 99% of clients.

Another reason for the popularity of the Bitcoin Revolution is that it is a free-trading app that is very easy to join. Users have to register with basic details on the website, the company verifies the details immediately and confirm by email. Then after creating a password, the user can fund the account using any credit or debit card and start live trading. Users can deposit a minimum amount of $250 if they want to begin on a small scale. After testing the accuracy of the trading application, they can begin to put more funds into their Bitcoin Revolution account.

In a statement, the company reveals that beginners in the cryptocurrency market can begin with a demo trading functionality available on their account. They can trade with virtual money using the genuine trade signals available on their account page and check the trading platform’s performance. After learning to trade, then they can start live trading with their funds. Also, the software has an automatic trading bot that can execute the trade on its own. So, the users can benefit from this auto bot function to execute trades even when they are not online. They have to choose the trading parameters like the cryptocurrency they want to trade, the exchange, and the risk they want to take. This will take only 15 minutes, and after that, the trading bot will execute the profitable trades and deposit money into the user’s account.

The company suggests that the users should trade using the profitable trade signals that are generated by the software to maximize their chances of making profits.

huobi-singapore-donates-sgd$30,000-to-the-suss’-inclusive-fintech-fund-to-promote-blockchain-education

Huobi Singapore donates SGD$30,000 to the SUSS’ Inclusive Fintech Fund to promote blockchain education

 

Huobi Singapore, a global digital assets trading platform, gifted SGD$30,000 (or the equivalent of 7,500 Huobi Tokens) to the Singapore University of Social Sciences (SUSS) in support of their Inclusive Fintech Fund. This is the first cryptocurrency exchange to donate towards inclusive fintech at SUSS, demonstrating Huobi Singapore’s commitment towards financial inclusivity and accessible education.

Blockchain technology has a bigger impact on the world now, with more industries utilising blockchain in everyday payments and services. There is a greater awareness and desire for higher learning; Huobi Singapore hopes that this donation will be used to further aid the growth and understanding of the space and technology.

Established to encourage inclusive FinTech and Blockchain initiatives, the fund aims to support the university in its aim to bridge communities from the academia and industry to learn from each other on the latest and most relevant topics on FinTech, blockchain and cryptocurrencies, and to explore together the potential of blockchain technology to bring about financial integration and inclusion.

“Inclusive Fintech aims to use technology to serve and support the underserved and unbanked communities in developing nations, addressing the issues of income inequality, the protection of the vulnerable, and the provision of access to cheap capital. Through these efforts, there is a levelling of the playing field, with a more equitable distribution of wealth for greater sustainability and stability in our region and beyond. Huobi’s support demonstrates their commitment towards Inclusive Fintech and investors’ education, and we look forward to working more closely with them in the future,” Professor David Lee said.

Edward Chen, COO of Huobi Singapore said, “Huobi believes in providing our users with better accessibility and opportunities to learn about digital finance. By supporting the SUSS’ Inclusive Fintech Fund, we hope this can help bring about more awareness and learning opportunities about new emerging technologies like blockchain. As one of Singapore’s top digital assets trading platform, we are open to working with more local authorities as well as ecosystem partners, to elevate Singapore’s status as a digital economy.”

Huobi Singapore is a leading global digital asset exchange platform under Huobi Technology Limited. Through its technological innovations and compliance, Huobi Singapore provides users with a comprehensive ecosystem of products and offerings, including: cryptocurrency trading for retail and institutional users, cloud solutions, education, data and research, investment, and more.

bitcoin-ira-accounts-are-soaring-as-bitcoin-passes-$18,000

Bitcoin IRA™ Accounts Are Soaring as Bitcoin Passes $18,000

 

Bitcoin IRA is the world’s first, largest, and most secure digital asset IRA technology platform allows clients to purchase cryptocurrencies and other digital assets for their retirement accounts. The increase in the price of Bitcoin has benefited individual investors who added cryptocurrencies to their retirement accounts and as a result are seeing sizable gains in their portfolios relative to other investment assets.

Crypto is the Best Performing Asset Class in 2020 (again)

Bitcoin has passed $18,000 as of November 20th and is now only 10% away from reaching its 2017 all-time high price, which is around $19,700. Since January 2020, Bitcoin is now up around 158% which far exceeds the S&P 500, up approximately 10%, the Dow which is up around 3%, and the Nasdaq Composite, up approximately 36%. Other leading cryptocurrencies are up even more in 2020 including Ethereum, Chainlink, and XRP, up around 365%, around 751%, and 207% respectively, as of 11/23/2020.

These robust gains are not unusual, as Bitcoin is up over 150% in 2020 and up over 5,000% over the last 5 years (source: TradingView).

Bitcoin IRA’s Clients have seen Dramatic Gains to their Retirement Accounts

Bitcoin IRA clients that purchased Bitcoin, and are still holding onto the assets, have had a positive return for their accounts. If they purchased around the new year of 2019 when Bitcoin was approximately $7,200, their retirement accounts would be up 158%, the same increase in the price of Bitcoin this year.

As a result, Bitcoin IRA has had over $60M in transactions so far in 2020 and $500 million in total transactions since the company started in 2016.

What’s Next for Crypto?

PayPal recently announced they are offering crypto to their 350 million users and 26 million merchants, JP Morgan announced the official launch of their blockchain project, and 80% of all central banks around their world are planning a digital currency.

Bitcoin’s price may grow to $318,000 by the end of 2021, according to a Citibank analyst and a popular crypto researcher, Willy Woo, believes Bitcoin’s bull run is just beginning.

How a Bitcoin IRA works

Bitcoin IRA allows clients to easily buy, sell, or swap cryptocurrencies and physical gold inside their retirement accounts online 24/7. The company safely stores its client’s assets with a US-based qualified custodian, not overseas, and has over 50,000 account holders with over 2,500 real 5-star reviews. Clients can invest in seven leading assets including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH), Stellar Lumens (XLM),  Zcash (ZEC), and physical Gold (PG).

2020-tads-awards-winners-announced-at-“tads-awards-gala-2020”-presentation-ceremony-hosted-in-hong-kong

2020 TADS Awards Winners Announced At “TADS AWARDS GALA 2020” Presentation Ceremony Hosted in Hong Kong

 

TADS Awards (stands for “Tokenized Assets & Digitized Securities Awards”) is the world’s first annual international award for the asset tokenization and digital securities sectors. Hosted annually, TADS Awards gathers individuals and businesses to share the energy that tokenization brings to the financial markets around the world. The global launch and inaugural TADS Awards Gala 2020 presentation ceremony was hosted and globally broadcasted online during Hong Kong Blockchain Week on 18th November 2020. A total of ten (10) winners were announced from two (2)  awards categories: “Best of Class TADS” and “Ecosystem Excellence”.

The World Economic Forum forecasts that by 2027, 10% of the world’s GDP will be tokenized – an estimated market capitalization of US$24 trillion. Tokenized Assets and Digitized Securities are the next big wave of the financial market, and projected to undergo exponential growth in the coming years. TADS Awards celebrates these industries by recognizing and honoring significant contributions and distinguished achievements worldwide. It nurtures the growth of TADS industries by jointly establishing “best practices” and setting “measuring standards” for high-quality tokenized assets and digitized securities through close collaboration with other industry leaders on the global market – https://tadsawards.org.

Dr David Chung Wai-keung, JP, the Under Secretary for Innovation and Technology of the Hong Kong Special Administrative Region, commented in his opening speech for TADS Awards, “This will make Hong Kong first in the world for hosting an international awards for Tokenized Assets Digital Securities space, with a long-term vision to make TADS Awards one of the pre-eminent awards in the industry. To facilitate growth in this sector, the soon to be announced ‘Hong Kong Smart City Blueprint 2.0’ will provide new financial technology measures and offer more market opportunities in the FinTech industry here in Hong Kong.”

“Congrats to the organizers and sponsors for the leadership in putting this together. TADS has tremendous potential to bring about greater efficiency in financial transactions, intermediation and capital raising,” said Mr. Wai-Lum Kwok, Senior Executive Director in Capital Market at Abu Dhabi Global Market (ADGM), during his keynote speech at the event. “At ADGM, we see ourselves as a catalyst for innovation, and will keep supporting the industry by developing calibrated, effective regulations that facilitate the growth and adoption of TADS.”

The ten (10) winners who were announced from two (2) categories of awards including : MaiBlocksWave-FinancialOnecycleYubi, and Libra Project for the “Best of Class TADS” award category and Credify Pte LtdSecuritizeLedgerGSXFlovtec for the “Ecosystem Excellence” award category, respectively as below.

Winners List of 2020 TADS AWARDS

Samson Lee, Founder and CEO of Coinstreet, and Chairman of the Organizing Committee of TADS Awards commented, “On behalf of the TADS Awards, we would like to sincerely thank all the committees, business partners, global ambassadors, award nominees who participated in the 2020 TADS Awards. The award was a great success due to gracious support from everyone. We are looking forward to expanding our partnership and ecosystem around the world to develop TADS Awards into one of the most recognized and distinguished awards for the TADS industry.”

“We are seeing renewed interest in asset tokenization as regulations are starting to catch up to the innovation, and larger institutions have expressed interest to come into the market, which bodes well for the future of the TADS Awards,” said Juwan Lee, Founder and CEO of Nexchange Group, and Steering Committee of TADS Awards.

Peter Yan, Chief Executive Officer at Hong Kong Cyberport, and Steering Committee of TADS Awards added, “The mission of the TADS Awards very much aligns with Cyberport’s focus in facilitating industry development, especially in the areas of FinTech and Blockchain. Within our community, companies working on digital asset solutions make up more than one-tenth of our FinTech cluster amongst a growing variety of different sectors, and every day we see the sector become increasingly prevalent. We look forward to seeing winning solutions under TADS Awards take the industry to the next level and some of them joining our community in the future.”

“Digital assets are now enabling enhanced commercialization models across industries and geographies. This is how we see TADS Awards and its ideas. Let’s look forward to the ever-evolving and exciting technology updates and how it integrates in a secure and promising trading environment,” noted Peter Koo, APAC Leader, IT & Specialized Assurance at Deloitte and Steering Committee of TADS Awards.

“I have been working in the equity markets for some 40 years. For much of that time, precedent has been honored, and established structures and procedures followed. Now I feel a ‘wind of change’ is blowing through financial markets, a change that we should and must embrace. The TADS Awards recognise pacesetters in this breakthrough area which has the potential to disrupt, and enhance financial services in Hong Kong and worldwide, while promoting secure, low cost and transparent transactions,” said Mr. Martin Sabine, Chairman of Somerley Capital Holdings Limited and Steering Committee of TADS Awards.

“As we all move to digital platforms, STOs provide us with a more efficient and more flexible way of fundraising and investment structure on a global basis. TADS Awards bring together many good examples of STOs and can help promote the concept to a wider platform,” reflected Stephan Law, Managing Director of ANS Capital Limited and Steering Committee of TADS Awards.

“TADS Awards reflect the shape of the future economic landscape in our ability to empower and create a level-playing field for all the people in the underserved markets,” added Suresh K  Sharma, Entrepreneur-in-Residence at the Georgia Institute of Technology and Steering Committee of TADS Awards. “I was impressed by the quality of all participants at TADS and very excited to be a part of a journey creating a more robust innovation ecosystem that enables fractional ownership and exchange of digital assets globally.”

“Having TADS Awards is a great opportunity to step back and take a moment to recognize some of the outstanding innovators in both issuances and technologies in the tokenized assets and digital securities space. I think the awards have set a standard to strive for the industry participants in the coming years. It was a great honor to be a part of these awards,”said Chris CarlinAsia Head of Alliances of Redistribution Solutions and Data Products at Morningstar, and Awards Committee of TADS Awards.

“I am very happy to encourage or advocate the use of blockchain technology in pursuing sustainable development goals. Token economy is surely a notable future displaying the perfect integration of financial & technological innovation. I hope to see advanced development in this area and witness the rise of ESG or impact tokens contributing to the green economy and becoming a catalyst for financing sustainable development goals,” said Eva Law, Chairman of Association of Asia Family Offices and Vetting Committee of TADS Awards.

“I sincerely hope all young entrepreneurs participating in the TADS Awards will be successful! Hearty congratulations to all the winners of TADS Awards! Keep up the good work!” commented by Mr. Chan Heng Fai, Executive Chairman of American Pacific Bancorp, and strategic sponsor of TADS Awards.

TADS Awards is co-organized by the Asia Pacific Digital Economy InstituteCoinstreet PartnersNexchange Group and The STO LAB. The event is proudly sponsored by American Pacific BancropGOIR and supported by (in alphabetical order) – Association of Family Offices in AsiaBelt & Road TechFin AssociationCrypto Valley AssociationDeloitteHong Kong Blockchain WeekHong Kong CyberportHong Kong Fintech WeekIBMKARM Legal ConsultantsKorea Blockchain CooperativeMicrosoft Hong KongMorningstarOSLParis Blockchain Week SummitSomerley CapitalWest Park Capital, among many others, plus the support from global ambassadors from over twelve (12) countries including (in alphabetical order) — ArchaxBINARYSTARCorum8DigimaxECXX.comFintech4goodKARM LegalMagic Circle Tech LtdPANewsPropinePotrero CapitalPublishprotocolThe MFO; and TADS Awards’ PR, Media & Community Partners (in alphabetical order) — AMBCryptoCoinhubkoreaCryptoeventsCryptonomistCryptopolitanCorum8Econotimes,FintechFinanceGlobal Online Investor RoadshowHKBAKoinpostPacificaPublishprotocol,SmartMoneyMatchTokenpostTheTokenizerUnlock.