Currency.com Launches Tokenised Security Platform

Currency.com, a 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 technology company and an affiliated company of Capital.com, announced this Tuesday that it has launched a trading platform for tokenized securities, claiming to be the first company to do so in the world.

The new platform will allow traders to invest in and trade real-world financial instruments directly with Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term. Currency.com is available for both retail and professional investors and plans to issue more than 10,000 tokenized securities, starting off with an offering of more than 150.

According to the statement, the tokenized securities will track the underlying market price of financial instruments such as global equities, indices, and commodities. The company is able to offer this service by leveraging the technology of its sister platform, Capital.com, which is regulated by the Financial Conduct Authority and the Cyprus Securities and Exchange Commission.

Commenting on the launch, Ivan Gowan, the CEO of Currency.com and Capital.com, said: "We are excited to be launching this revolutionary blockchain venture and providing crypto investors with a concrete option to diversify their portfolio by investing in traditional asset classes, without the pressure of exchanging cryptocurrencies into fiat money to do so.

“Currency.com is committed to providing users with superior security and fraud protection, and preventing any potential risks by leveraging the full traceability of blockchain transactions and adhering to the strictest regulatory standards set by Belarus' Decree No. 8 'On the Development of a Digital Economy."

Currency.com receives financial backing

The platform was launched following investment from Larnable Ventures and VP Capital. Furthermore, the trading platform will be supplemented with another free platform for trading and exchanging cryptocurrencies using fiat money.

"Currency.com will disrupt and revolutionize financial technology on a large scale. Access to global financial markets has historically been available through one primary medium – the stock exchange – but Currency.com leverages groundbreaking cryptocurrency technology to create opportunity for investors who might not have access to traditional stock markets otherwise,” added said Viktor Prokopenya, Founder and CEO of VP Capital.”

Users wanting to use Currency.com’s new trading platform can apply to be put on the waiting list on the company’s website.