SmartTrade Technologies, a multi-asset electronic trading innovator, has been selected by SEBA Crypto AG (SEBA), to bring SEBA’s state-of-the-art cryptocurrency exchanges and outdated assets trading platform. SEBA has the determination to build a structured bank to link the gap between the crypto and traditional financial economies. Headquartered in Zug, Switzerland, SEBA wants to give institutions, corporates and individuals the confidence to operate in both economies, enabling new thinking, making solutions and handling digital wealth efficiently.
Support by regulators will approve the development of cryptocurrency banking services, allowing SEBA to successively spread its services to Asian blockchain companies struggling to access the out-of-date banking system.
According to Summer Capital spokesman Jack Chung, the company believes it could support SEBA’s plan to enlarge into Asia, a region where cryptocurrency exchange trading and blockchain projects have been thriving. One more institutional investor in the series-A funding round, worth 100 million Swiss francs (US$100.8 million) is US investment manager Black River Asset Management. Chung declined to say how much his firm had invested.
The company says it will shape out its technology organization, and by the end of the first quarter of 2019 it would more than double its headcount from 20 to 55, as per South China Morning Post. Since SEBA aims at creating the broadminded technological bridge between the old-style and the crypto worlds, it is important for SmartTrade to support its plan of giving the highest standard of crypto technology.
About SEBA Crypto AG
SEBA Crypto AG is redefining finance for the new economy. SEBA wants to build a gateway that facilitates movement of assets between the crypto and traditional financial markets for major financial investors.
As per Forex News Now, the team of SEBA is covered of worldwide leaders and experts in banking, financial markets, FinTech, and blockchain and they have a great potential to help both traditional and crypto market customers to use their opportunities properly. SEBA will promote the conventional adoption of Blockchain and will offer liquidity services to cryptocurrency exchanges by enlightening individuals to recognize the potential it holds to explode international economic reform and financial inclusion[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]