Genesis Vision Accumulates More FX Partnerships, Teams Up with Exante

Genesis ‎Vision, a decentralized trust management platform ‎built on 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 and smart contracts, has ‎announced a strategic partnership with Multi-regulated brokerage company Exante.

The deal aims to smooth things up for Genesis’ fund managers as the Malta-based broker offers a regulatory experience and coverage for trading operations. Though the partnership has been announced, there is no date announced for when the joint operations will be conducted.

Genesis Vision has been actively accumulating more and more partner brokers, and they recently announced the listing of RoboForex. The company is of the view to expand its pool of brokers to offer more options to its managers.

EXANTE has been one of the few brokers that jumped on the cryptocurrency bandwagon from the very beginning. The company started the Bitcoin fund back in 2013, which allowed trading that specific cryptocurrency, then added more popular altcoins such as Litecoin, Ethereum, Monero, Zcash, and Ripple.

Finance Magnates also reported on Exante last year when its new venture capital fund ‘Exantech’ announced its first investment – $10 million in Comino, a device that mines cryptocurrency while heating your room.

EXANTE is regulated by the Malta Financial Services Authority (MFSA) and the Cyprus Securities and Exchange Commission (CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision Read this Term). The brokerage is also authorized to provide services in the United Kingdom by the Financial Conduct Authority (FCA).

As an EU-regulated investment firm, EXANTE falls under the MiFID’s jurisdiction and thus operates in compliance with the international standards the relevant authorities have set.

Genesis Vision Eases Means of Operations with New Partnerships

Genesis Vision has developed a platform for a private trust management ‎market based on blockchain and smart contracts which serves as an ‎ecosystem for traders, investors, and brokers.‎

The startup reflects an unconventional trust ‎management system, which unites exchanges, brokers, ‎traders, and investors into a decentralized network, ‎making the financial market even more global and ‎interconnected.‎

Genesis Vision constitutes the first platform to make a ‎foray into the private trust management market, ‎harnessing blockchain technology and smart ‎contracts. The platform itself emphasizes a more ‎globalized outlook, whereby successful traders can ‎broadcast their trading strategies by attracting investments ‎from around the world.‎

Also on the FX front, the brokerage arm of Genesis Vision, Genesis Markets, teamed up earlier this year with the institutional cryptocurrency exchange LMAX Digital, part of LMAX Exchange Group that also operates leading FX execution venues such as LMAX Exchange (FCA regulated MTF) and LMAX Global (FCA regulated Broker).