Intense industry hype and alarming cryptocurrency volatility have led regulators the world over to perk up their ears to the growing number of cryptocurrency exchanges. At first glance, it appears as if the watchdogs are coming down hard on the industry in response to anxieties over the risk of illicit and criminal activity, as well as a lack of investor protection
Vaultbank (www.vaultbank.io), the cryptocurrency exchange platform for buying, selling, and trading asset-backed tokens, today announced it has raised over $3 million in funding, reaching the soft cap for its VB token sale. VB tokens are currently being distributed to Vaultbank token sale backers. The company also announced the launch of the Vaultbank Fund, which provides the main asset-backing of each VB token and intends to pay quarterly dividends in Ethereum (ETH)
Vaultbank announces the addition of free stock trading to its October Launch. This is in addition to crypto trading and issuance of security tokens. With all of these services on one platform, users will have a single platform solution to invest globally, trade digitally, and cash out locally
Vaultbank has partnered with Kingdom Trust to provide a qualified custodial solution for digital assets. Vaultbank has built a digital asset platform allowing for the tokenization of real assets and financial instruments. The Kingdom Trust-Vaultbank partnership allows our customers to have institutional grade custody and reporting” …
“In an effort to accelerate features and offerings of the Vaultbank Platform – currently in beta mode – Vaultbank, an innovative financial services company headquartered in San Francisco, has opened an office in India, hired 16 engineers and partnered with leading payment processors”
“Vaultbank brings together financial industry expertise, machine learning talent, and revolutionary blockchain technology”
“And then finally, I think we would all be foolish not to believe that the technology industrial revolutions that’s existing today is going to have disruption on our businesses. So making sure that we’re investing in things that may be won’t be meaningful or material in even the next five years, but that we think could be very disruptive to the business over the long run.
And so that’s — you see some of the investments that we’re doing in things like a token vault, and also our innovation lab, which really just enables us to keep an eye on where the industry is evolving”
- 1
- 2