Blackmoon and Rivver to Introduce a Crypto-Backed ETx

Blackmoon, 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-based fintech company, has partnered with Rivver to create a branded exchange-traded index (ETx) for digital assets.

"Knowing that one can liquidate his or her investment without an impact to price, is a key risk-metric to any and all investment decisions," the companies write in the press release announcing their partnership. "An STO that supports a thriving and liquid market, immediately increases its perceived value, even if its product, bottom-line or management is not as high a quality as its competitors. The Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term of the marketplace defines the risk for an investor and the success of the issuer. Without the ease of execution and liquidity, any STO will have limited success, if any at all."

The Blackmoon-issued ETx will "incentivise traders and speculators to take the risk in the market, by offering them a fungible financial product to arbitrage for profit - further adding bids and offers to an STO that would otherwise not exist - effectively creating a balanced and stable price."

“We are very excited to be collaborating with Blackmoon," David Benizri, CEO of Rivver, said. "Blackmoon's innovative ETx approach is unique and necessary for the digitized securities ecosystem and we are very happy to be able to offer this added value to our clients,” he added.

Indexing Tokens

Cyprus-registered Blackmoon entered the United States market last year in November with its private coin offerings. Last month, it has also launched a new asset token called Binance ETx which is linked to the performance of the most-traded coins on Binance.

In addition, the firm has introduced an asset token - Prime Meridian Capital token (BMxPMR) - to track the performance of the Prime Meridian Real Estate Lending Fund.

"Blackmoon and Rivver share a vision and it's because of this that we are pleased to have discovered such an incredible organization to associate with. We are eager to release the Rivver ETx products as soon as possible to offer this amazing investment opportunity to eligible investors globally," said Moshe Joshua, chief product officer at Blackmoon.