Binary.com 'Blockchain IPO' Tokens to List on Lykke Vanuatu Exchange

Lykke Vanuatu and Binary.com, a binary options Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, today announced an agreement to list tokens from the forthcoming Binary.com IPO on the blockchain on the Lykke Vanuatu Exchange. Following the 'Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term IPO' event, which is planned for late 2017, investors will be able to buy and sell Binary tokens on the Lykke Vanuatu Exchange, along with its wide variety of currencies.

“We are delighted to be partnering with Binary.com,” said Sergey Ivliev, Director of Lykke Vanuatu. “They have been a pioneer of online trading since 2000, and with this, their first IPO on the blockchain, they are once again demonstrating their forward-looking approach and their readiness to embrace cutting-edge ideas. Naturally, we believe that the Lykke Vanuatu Exchange is the logical home for Binary.com digital tokens.”

Binary.com considered a traditional IPO, but ultimately decided against it. Jean-Yves Sireau, founder and CEO of the company, explained: “An IPO on the blockchain breaks down barriers for us. We are able to reach a wider selection of potential investors, we can lower our trading costs, and we get a lasting audit trail of transactions.”

The company explains that Binary.com will issue ‘smart’ tokens, which, in addition to possessing value of their own, confer rights to their holders, like shares of stock. Binary tokens will come with two rights: to receive yearly dividends and to convert the tokens into ordinary shares. To obtain these rights, traders need only purchase one or more tokens from the exchange once they become available.

“We are looking forward to being listed on Lykke Vanuatu Exchange,” added Sireau. “We are anticipating a good result.”