Luxembourg, Luxembourg, 24 June 2024, Chainwire
Blocktrade is happy to announce that it has been acquired by a bunch of skilled fintech traders from Estonia. This acquisition represents a big milestone for all events and units the stage for an thrilling way forward for innovation and development.
Beneath the brand new management, Blocktrade will endure a strategic focus and evolve into an easy-to-use, fashionable monetary middle that can cater to each B2B and B2C prospects. This transformation is consistent with Blocktrade's dedication to supply long-term worth and repair to its purchasers, shareholders and companions.
The experience and sources of the brand new investor group will allow Blocktrade to boost and develop its providing, present end-to-end monetary options and help a thriving setting for each companies and shoppers.
Christian Niedermüller, former CEO of Blocktrade, expressed his pleasure concerning the acquisition: “Over the previous 2.5 years, we have now developed Blocktrade from a reasonably common platform to a top-of-the-line market commonplace platform with lots of particular options, which has led to a big improve in customers. The safety, compliance and comfort of navigating the platform have vastly improved.” The change in possession is now one other probability for Blocktrade, its traders and prospects to additional develop Blocktrade. The experience and sources from the brand new administration will undoubtedly enhance our platform and I’m assured that this acquisition will result in much more innovation and a greater consumer expertise. expertise for all our customers.”
“We’re excited to be a part of the journey and take the lead in guiding Blocktrade by means of its subsequent part of growth,” mentioned Fred Kaasik, Blocktrade's new CEO. “Utilizing our experience in conventional finance, capital markets and compliance, we’ll fulfill our imaginative and prescient to form the corporate into a contemporary monetary establishment. Efficient instantly, we’ll implement a two-phase technique. The primary part will introduce extra pairs buying and selling, cut back charges, enhance onboarding effectivity and put together for the upcoming MiCA laws Our second part will deal with integrating present and upcoming providers with conventional finance, together with crypto funds and funding merchandise, to supply tangible consumer worth and POS gadgets together with the Blocktrade bank card will probably be an enormous a part of what the staff is concentrated on in 2024 .”
Present Blocktrade prospects can count on a seamless transition within the close to future with continued entry to their present providers and the addition of recent, enhanced options. The groups are dedicated to making sure that this transition is easy and useful for all events concerned.
We sincerely thank our purchasers, companions and staff for his or her continued help and belief. We sit up for embarking on this thrilling journey collectively and constructing a greater monetary future.
About Fred Kaasik and the group of traders: Fred Kaasik has over 20 years of expertise within the monetary business and associated client providers. He leads an skilled staff and investor group famend for designing and implementing profitable methods throughout conventional and rising monetary ecosystems, cryptocurrency mining and regulatory compliance.
About Blocktrade: Blocktrade is a state-of-the-art digital asset platform that permits seamless shopping for and promoting of assorted cryptocurrencies. The platform affords a variety of belongings, a user-friendly interface, a number of fee choices, financial savings plans and distinctive buyer help.
Based in 2018, Blocktrade has turn into a number one participant within the digital asset business due to its unwavering dedication to safety and compliance. The platform is totally clear, with greater than 5,000 class B shareholders and is regulated in line with EU requirements. It’s registered as a VASP with Estonian, Italian and Slovenian regulators and operates in full compliance with the EU Anti-Cash Laundering Directives and the MiCA Regulation.
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ContactAdvertising and marketing SupervisorGrant Gohlg.gohl@blocktrade.com
This text was initially printed on Chainwire
